Age of Dreams
Vol 2 Chapter 2910: Changed compensation structure
Xiao Qi's salary income last year was very high. As the presidents of DreamPad and DreamStars, DreamPad and DreamStars paid him 5 million U.S. dollars each month, and the year-end bonus was 50 million U.S. dollars.
The salaries of these two positions alone add up to a total income of 220 million U.S. dollars.
If DreamSnow is to be split up and sold in the next step, revenue will have to increase by another 110 million US dollars.
But now DreamSnow is still Xiao Qi's private property, so he doesn't need to pay himself wages.
Similarly, the Fairy Company is also Xiao Qi’s private property, so as the president of the Fairy Company, Xiao Qi still does not receive a salary. He pays himself a salary and pays an extra tax, which is not very suitable for financial management.
DreamPad and DreamStars, who sold their shares, have to earn a lot of dividends for shareholders + no + error + novel + 3. + + com every year, and Xiao Qi doesn't need to save them money.
After all, what Western society advocates is that senior managers, as long as you can manage the company well, then it is normal to pay more profits and dividends.
For example, Swartzman of the Blackstone Group, his salary bonus last year was 370 million U.S. dollars, more than Xiao Qi.
Of course, this guy dared to pay himself so many dividends under such a bleak situation in the US economy, which is also a point criticized by the Americans.
But because the Blackstone Group also has good performance in its cooperation with Xiao Qi, the shareholders have nothing to say.
The income that Xiao Qi received from DreamPad and DreamStars last year, 220 million U.S. dollars, was all donated to Mingxiang Primary School and Mingxiang Middle School. Last year, Mingxiang Primary School and Mingxiang Middle School began to cover the three southwestern provinces. Most of the credit is due to Xiao Qi's donation.
Even though Xiao Qi had donated so much, the young man's income far exceeded the donated amount.
Last year, DreamPad's dividends to Xiao Qi reached around 16.6 billion U.S. dollars, and DreamStars's dividend to Xiao Qi was almost 14.4 billion U.S. dollars, a total of 31 billion U.S. dollars in net profit dividends, which made countless investors and managers all over the world envy and hate.
In addition, there are also DreamSnow's income, Fairy Real Estate's income, the income of two listed stocks, and the income from the dividends of the major companies invested. Together, Xiao Qi's net income for a year exceeds 100 billion US dollars.
This is why Forbes and Fu Run ranked Xiao Qi's assets at around $760 billion. The reason why so many people sneered at it.
People's net income in one year has reached hundreds of billions of dollars, and there are so many fixed assets that can be counted as more than 700 billion dollars. It is too incorrect.
However, the Forbes and Fu Run rankings also have something to say, that is, although Xiao Qi's income is high, he has invested in many unpredictable industries in the future, and he is still losing money, so his assets will naturally be reduced.
The unpredictable assets they mentioned are mainly Fairy Farm, Fairy Agricultural Internet of Things Company, and Xiaoyao Logistics' large-scale purchase of land to build logistics warehouses and so on. These are unlikely to see much good results within three to five years, and it takes a long time to cultivate before there will be good results.
Ok.
With a high income like Xiao Qi, he is the only one in the world, and no one else can compare.
In addition to Xiao Qi, the fairy company with the highest income is the vice president Zhou Bozhou who works hard.
Vice President Zhou’s pre-tax income exceeded RMB 3 billion last year, and his after-tax income reached RMB 2.3 billion. It's almost 400 million U.S. dollars, which can be called the king of China's part-time job!
Before the Spring Festival. Zhou Bo's wife Zhu Yun almost didn't faint directly after seeing the numbers on the account. Such astronomical numbers, even though her family conditions are good, are the first time she has seen them! And it's in his husband's bank account, and I feel dizzy just thinking about it.
Although Xu Weihong has the same status as Zhou Bo. However, he and MCA have concentrated on operating and building the Fairy Bank, so the workload is not as heavy as Zhou Bo, so the overall income is also less than Zhou Bo.
Like Xu Weihong and MCA, Qin Yibin, who built Xiaoyao Mall in a prosperous way, received 1.6 billion yuan in after-tax dividends. The remaining grades are Sun Manxue and Zhang Qingqing, each receiving 800 million after-tax dividends.
Zhang Qingqing was only promoted to the vice president in charge of headquarters affairs in September last year. Judging from her current busy working state, her dividends next year will be on the same level as Qin Yibin.
But the 800 million yuan dividend is enough to shut up Zhang Qingqing's family. The seven aunts and eight aunts always think about her going on a blind date, then get married and have children, but now she sees that Miss Zhang received a 800 million yuan dividend in one go. , Who dares to say that her job is not important?
As soon as he got the dividends, Zhang Qingqing bought a Ferrari sports car for his depressed sister who was disappointed in love. It made people envious of the relationship between the two sisters.
Even Wen Anping was asking Xiao Xu, is it because of his face, Xiao Qicai paid such a high dividend to the big girl?
In the end, Xiao Qi personally called Wen Anping, explaining Zhang Qingqing's role in the Fairy Company and the Fairy Company's compensation system for the vice president. Wen Anping was relieved.
According to the position of the vice president, Yu Shanshan also has 800 million dividends, but she went to give birth to children in 2009, and did not manage the company, so she voluntarily gave up any salary and dividends, and just kept a fairy company. The position of the vice president is nothing more than.
It can also be seen that the salary of 40-80 million at the highest level is nothing at all, and dividends are the bulk.
Compared with the senior executives at the vice president level, the chairman of the board of directors, department heads, etc. of subsidiaries actually have dividends, but their dividends are paid in the form of bonuses, and relatively speaking, they are much less.
So Yu Shanshan has already proposed a proposal to increase bonuses by a large margin starting from 2010, according to the difference in annual profits, starting from the level of department heads, and to increase the bonuses according to the amount of 10 to 30 months.
For example, Xing Hu, the director of the General Affairs Department, received a salary of RMB 500,000 per month in 2009, and then paid 24 months of salary a year, meaning that he would use 12 months of salary as a bonus.
But with this calculation, his income is only 12 million, not even a fraction of Zhou Bo.
Of course, it cannot be said that Xinghu's income is very small. Compared with the income he used to open a barbecue stall, it is at least 100 times higher. Xinghu himself feels very satisfied. He often says that he and his wife have two children together. With this money, you can't use it up in a lifetime.
Moreover, Xinghu is also very responsible. He takes half of his income every year back to his and his wife’s home in the small mountain village, where he builds roads and bridges, helps farmers do ecological agriculture, builds schools, etc., so that he can be in his hometown. The prestige is particularly high.
Xiao Qi often joked that if Brother Hu retires and returns to his hometown, he must be elected as the village chief.
Having said that, Xing Hu doesn't care about it, but Yu Shanshan feels that for the head of the company's headquarters department, the salary of 12 million a year is far from enough to reflect the generous treatment of the fairy company.
Originally, the Fairy Company was very profitable. If the salary difference between the vice president and the people below is too great, it will easily cause dissatisfaction, but Xiao Qi's high income will not cause the jealousy of his subordinates. After all, he is the boss.
Therefore, the original department head’s annual bonus was a 12-month salary, but now he plans to turn it into a 36-month salary as a bonus. For Xinghu, his annual income will increase by 12 million to 24 million. Doubled, this is more appropriate.
Wen Lu, the general manager of Fairy Farm, has a monthly salary of 1.2 million. Originally, he received 18 months of salary a year as a bonus, and his annual income was 36 million. Now he plans to increase his salary to 38 months as a bonus. The total income is It reaches 60 million, which is quite appropriate.
As for the salary of section chiefs, employees, etc., Fairy Company is also considered the highest in the world, so there is no need to rush to change, at least steadily increase slowly.
What they need more is a stable job, not a high and low salary system that makes people's heartbeat.
Fairy’s every move actually involves the minds of all media.
The change in the salary system proposed by Yu Shanshan soon became known to the media, and then began to report and comment on it.
Some say yes, some despise showing off their wealth, and some want to immediately put themselves in the arms of the fairy company... all kinds of reactions, and so on.
Not only the Chinese media ~www.wuxiaspot.com~ but also the foreign media are also concerned about this matter.
So when the Fairy Company proposed that it wanted to recruit excellent professional management managers from around the world to assume the position of vice president of the Fairy Company, I don’t know how many global business people who considered themselves elites directly voted for the Fairy Company. Has written his resume.
Especially foreigners, they usually have no so-called loyalty to a company. They only care about whether they take care of the company when they are in the company. As long as they fulfill their responsibilities, then they Any future job-hopping will be a normal market flow.
The income of at least one or two billion dollars a year is definitely a sweet pastry in this era of extremely serious financial crisis! (To be continued.)
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Changed salary structure in Chapter 290:
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