Chapter 142 [Arrangement of Remuneration and Duties]
The next morning.
Cote d'Azur Company, Qin Weimu was in Luo Sheng's office at this moment, and the two were sitting together to discuss the issue of Yao Jianhong's treatment and job arrangement.
Luo Sheng leaned back on the sofa, put his legs on the low table in front of him, stared at the ceiling and thought for a moment, as if talking to himself: "You said that he has the ability to be an executive vice president, judging from the meeting and conversation with him yesterday, Yao Jianhong is indeed a rare talent......
Speaking of this, Luo Sheng stopped again and continued to ponder, and after a while, he withdrew his gaze and turned his head to look at Qin Weimu who was sitting next to him: "Executive Vice President, or let you work hard for a while for the time being, Yao Jianhong, after all, we still don't understand how he is in execution, and I still don't know much, and the potential risk of handing over such an important position to him is a little bigger." ”
Luo Sheng is not lacking in courage, but it does not mean that he is blind, he does not suspect that he does not use suspicious people, but he must make a prudent decision before using it, once he uses it, he should not doubt it, and if he doubts it, he would rather not use it.
There is more than one vice president in the company, many of them, but the executive vice president is the first person among all the vice presidents, in other words, the company's second person after the CEO.
Luo Sheng hasn't seen how his execution is, and he can't be sure, so he naturally won't make a decision easily.
Qin Weimu glanced at him: "Then what kind of position are you going to arrange for him?" ”
Luo Sheng thought about it and finally made a decision: "In this way, for the time being, he will be listed as a candidate for executive vice president, but it will be kept secret, you and I will just observe him for a while, and if he can take the position at any time." As for the current situation...... He was given three positions, General Manager of Supply Chain, General Manager of Sales & Service, and President of Global Solutions Sales. ”
At present, the [Azure] project is constantly advancing, and the sales channel is also going to be built, and it is global, and Yao Jianhong's resume is not very suitable, and these positions are not low, just one level higher than him in Semiconductor, and he also belongs to the core executive level in the Cote d'Azur company, but there is still a certain gap from the major people in the core layer.
This location is just right for Yao Jianhong, who is looking for a job.
Luo Sheng immediately made a decision: "OK, it's decided!" ”
Qin Weimu nodded and said, "What about the treatment?" ”
Luo Sheng thought for a while and said: "Just give him 0.2, and you can calculate how to give it based on this option base." ”
There is also a lot of knowledge in the treatment of how much is given.
Qin Weimu thought thoughtfully: "0.2%...... According to the company's current asset scale, the exercise price is ¥60 million at the current level. ”
Legal affairs and auditing have a strong linkage, Qin Weimu is a professional in this area, Luo Sheng threw a benchmark number to her, and let her calculate how to arrange the treatment.
Qin Weimu's arithmetic ability is also strong, after all, the professional attributes are present, and he immediately said: "According to the company's current situation, it is still the most reasonable to insist on giving a high salary, and the annual salary of ¥13.2 million is the most reasonable." ”
The salary is not to give as much as you want, of course, if Luo Sheng doesn't care about it, then you don't have to think about these details, you can also make a price depending on the mood.
But he won't do this, this is a manifestation of irresponsibility to himself, to the other party, and to the company, and he can't give high or low, but to give reasonable, and this reasonableness also has a time stage and is very flexible.
The issue of treatment is not only a matter of vested interests, but also one of the manifestations of recognition of his work.
If it is low, Yao Jianhong will definitely not be satisfied, he will either resign, or he will not do anything, and people like him are likely to resign.
In the end, it is the interests of the company that are harmed; If you give it high, you will float, such a talent has also achieved financial freedom, and no matter how high the treatment is given to him, he will not feel high, and in the end it will damage the interests of the company.
Only when the time is given under the premise of a reasonable period can it be comprehensive.
Qin Weimu's annual salary of ¥13.2 million is not based on feelings, but the company has a complete incentive mechanism to play a role behind it, which will give birth to a set of algorithms, which is also the plan she designed and provided.
For executives who are introduced from the outside to the company's core management, their treatment is determined by equity incentives, and with this framework, various data can be calculated smoothly.
In order to be allocated, the conditions for the external core executives to be fulfilled are that they must have worked in the Cote d'Azur for at least five years, have made a positive contribution to the company's development, highly recognize the company's culture, and are willing to continue to strive for the company's mission, vision and values.
If you meet this condition, you can become a real shareholder of the Cote d'Azur company, and only then can you have the company's right to dividends, the right to sell, the right to know and the right to vote.
There is a five-year lock-up period for Yao Jianhong's 0.2% virtual option, but he only has the right to dividends within five years, but does not enjoy the right to guaranteed dividends, which is a guaranteed dividend only enjoyed by middle- and grass-roots employees and below.
That is to say, when the company makes money and generates real profits, Yao Jianhong can get proportional dividends, and if he doesn't earn money, he won't have a penny in dividends.
Because as the core executives of the Cote d'Azur company, they must breathe and share the same fate with the company.
Whose money is worried, only in this way can we work hard, in addition to the personal influence of the founder, the driving force of the system is the most important.
The lock-up period of five years is the exercise period of 5 years, and it can only be purchased after five years, and no matter what the value of the 0.2% equity is after five years, it will be purchased according to the value of ¥60 million five years ago, which is also the price tenfold, if the company's assets shrink after five years, it is only worth 30 million, but it is necessary to use 60 million to buy, then no one will be willing to do this.
Option is a qualification, giving an exercise price and exercise period, there is no mandatory requirement to buy or not to buy at expiration, depending on the choice of the parties.
And Qin Weimu's suggestion of an annual salary of 13.2 million yuan was because she had asked Yao Jianhong to provide his personal asset allocation, and even if Yao Jianhong reached the exercise period after five years, he would definitely not be able to take out 60 million yuan to exercise the option to buy it at one time, so he set a five-year installment purchase for him.
It is divided into three phases, the first phase buys 30 million in the first year, the second phase buys 20 million in the third year, and the third phase buys the last 10 million in the fifth year.
Therefore, Yao Jianhong has to work hard for at least ten years to share the company's residual value from joining the Cote d'Azur to becoming a shareholder of the company.
Qin Weimu calculated ten years of work based on Luo Sheng's 0.2% benchmark number, and calculated that the annual salary that should be given to him every year was 13.2 million yuan.
However, this annual salary means that he has to pay 5.75 million individual income tax every year, which is not necessary at all, you can give him an annual salary of hundreds of thousands, and then pay it out in the form of a bonus package.
In this way, you only need to pay 20% tax, which can save the company a lot of money.
However, Qin Weimu still insisted on giving a high salary, and Yao Jianhong's income actually did not increase much, because the tax was deducted.
The purpose of this is a kind of recognition, and when a person reaches this level, he needs to be recognized and valued, and a high salary is one of the ways to be recognized.
Then the total after-tax disposable net income obtained by Yao Jianhong in the past ten years is 74.5 million, which is the guaranteed net income, because it is not calculated whether he will have a salary increase or additional bonuses within ten years, which is uncertain, so it is not included.
Then subtract 60 million yuan from it to buy 0.2% of the option and convert it into real shares, Yao Jianhong's total guaranteed net income for ten years is still 14.5 million yuan, even if the inflation rate of the past ten years is included, this money is enough for his wealth in the next ten years.
What's more, Yao Jianhong has achieved financial freedom before he joins the company, and his personal net worth has accumulated to 20 million, and he has more than 30 million wealth at his disposal within ten years.
Qin Weimu integrated all his factors, calculated it to death, and arranged it clearly.
In the office, Luo Sheng pondered and said: "Yao Jianhong's treatment, that is, to give him an annual salary of ¥13.2 million and 0.2% option qualifications, lock him in for 10 years, right?" Okay, that's it. ”
Luo Sheng made a decision, Qin Weimu had no other questions, and nodded: "I will draft a formal offer and send it to him in the afternoon." ”
Yao Jianhong's appointment and treatment arrangements for joining the Cote d'Azur Company were thus decided.
Of course, it depends on whether he is willing to sign this contract, but Yao Jianhong will definitely sign it, first of all, he took the initiative to apply for a job, and secondly, Luo Sheng did not treat her badly, both the position and the salary are higher than when he used to work in Semiconductor.
Both parties are shrewd people, and the treatment is scientific and reasonable, which to a certain extent also reflects the maturity of a company, and Yao Jianhong is also more confident in struggle.
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