I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 223 Executives Collude for Benefits
"Please call Director Lu for me, I will ask him."
"Oh, and call Assistant Hu and Vice President Chen over as well."
For this kind of collective salary increase, we should call a few senior executives over to discuss it.
There is nothing to do at this time, so I'm just waiting to get off work.
Soon, everyone arrived at Jiang Hao's office.
"Director Lu, when will the financing money arrive?"
"The first batch of $1200 million from Tencent has already arrived, Sequoia Capital will receive it the day after tomorrow, and IDG Capital will receive it next Monday."
The speed is really fast. Since there is money in the account, we can start the salary increase.
"I asked you all to come here mainly to discuss the collective salary increase."
"Oh, let's talk about ordinary employees first today. The salary increase for all management including option grants will take some time."
This general salary adjustment is definitely for ordinary employees, and Jiang Hao will communicate with this group of people in the management one by one.
And when it comes to discussing specific options, since more people are being granted the rights this time, things will certainly not go smoothly.
"Haha, President Jiang, many of my employees can't sit still any longer!"
"When you came to the company just now, you urged me to come over and ask."
Chen Peng has been in high spirits recently, and his speech is not as rigid as before.
Especially this outfit, a black and gray, stylish, stand-up jacket and a pair of rather loose overalls.
This doesn't look like the kind of clothes Lao Chen would buy himself. It's likely that he and Jiang Yi have completely confirmed their relationship and that Jiang Yi helped him pick them.
No wonder Old Tang had a case of the second-year syndrome last time. Men really change a lot after they fall in love!
"How about this, all employees who have been with the company for three months will get a 20% salary increase."
"Since you've only been here for three months, I'll give you a 500 yuan increase first."
Most of the ordinary employees of Totoro Company earn around 7,000 to 8,000 yuan.
The salary for technical positions will be higher, averaging around 9,000 to 10,000.
This salary increase ratio is not low. The company's annual floating salary adjustment is 10%.
This year's increase is considered an extra 10%, but the company isn't hiring for now anyway.
The company has only about a hundred ordinary employees, so it can still afford the salary increase.
"In addition to this wave of salary increases, let's prepare for it together."
"This year's year-end bonus is expected to be 4-6 months' salary, which is a reward for everyone's hard work over the past period of time."
It is equivalent to paying 16-18 months salary. We have raised funds this year and the development is steadily increasing, so don't be stingy.
The specific amount of the year-end bonus is naturally the responsibility of the leaders of each department, including Human Resources Director Zhang Jing.
After arranging the salary adjustments for ordinary employees, Jiang Hao now looked a little embarrassed.
However, these people were all senior executives of the company, so Jiang Hao did not hide anything from them and brought up the matter of his salary.
"My salary will also be increased this time. Is that okay with the employer?"
Jiang Hao mentioned this with some helplessness. Compared with the company's employees or some senior executives, his salary was not so flexible.
Executives are paid high salaries, and most employers have no objection.
But as a founder, he can’t have a high salary!
The A round of financing was thanks to the generosity of Professor Zheng and Hillhouse Capital, which allowed him to start with a monthly income of 3 yuan.
In fact, for other capital companies, many founders are limited to a monthly salary of 1 yuan, which is equivalent to living expenses.
What we are afraid of is that the founder has no intention to develop the company and has lost the will to work hard.
Some founders had a harder time, as they almost reached the B round just for the sake of love.
Many founders of listed companies had miserable lives before and including during the A round of the company.
Looking back, when the reporters interviewed them, the hardships they described were truly hardships!
After all, many of them are unpaid, do-or-die startups, and some founders may even be in debt if they fail.
Generally, only when the company reaches the B round does the founder’s income really begin to be liberated.
By the way, it is also allowed that part of the equity is sold and transferred, of course, this also requires the consent of the investor.
"Mr. Jiang, I think that compared with the current salary level of CEOs in the market."
"It's completely reasonable for you to offer a basic salary of 5 yuan a month."
Hu Sen quickly brought up the topic and signaled him with his eyes, as if asking if it was enough.
With a basic salary of 80, plus a generous year-end bonus, I estimate that I can make 100 to million per year before tax.
It is indeed the income level of CEOs in the market, which is much more comfortable than when he was earning a basic salary of 30,000.
The original amount was 30,000 before tax, but after the tax was deducted, it became 27,000 or 28,000 for him.
This is the case when his social security and provident fund are still covered by the school, otherwise the amount he gets would be even lower.
"Enough, enough! I took a quick look at the treaty, and it seems like there are no restrictions this time, right?"
"Boss Jiang, there is no limit, but the annual salary of the company's senior executives needs to be reported to the financial department of the employer."
"If the number is too high, a board meeting will have to be held and confirmed by shareholders."
"Your salary is quite reasonable. I just need to inform the parties involved."
Lu Miaofang naturally understood what Jiang Hao meant. The boss gave himself a salary increase.
Their role is to help him increase his share price and prevent the investors from having any complaints.
"Okay! Let's talk about this first. I'll sort out a plan to distribute your options in the next few days."
Jiang Hao was in a very good mood when he heard that his salary would increase.
I guess there is no other billionaire who would be so complacent about a $20,000 salary increase.
"Boss Jiang, there's one more thing!"
Hu Sen once again stopped everyone who was about to leave.
"You said."
"It's about the car allocation for our company."
"Although our company has not officially expanded its recruitment yet, we expect the scale to expand further."
"Counting our current business, we are considered a medium-to-large enterprise in Songjiang City."
"I think the company should also consider the use of cars for business receptions, including your personal car, Mr. Jiang."
It turns out that my senior is really considerate!
Although he feels quite comfortable driving the A6L that Kai Ge's father retired, who wouldn't be happy to get a new car?
Moreover, this is the money from Totoro Live. Now that it has raised several hundred million in cash, it should still enjoy it!
"Is this in compliance with regulations?"
"Don't worry! I informed several parties about this matter during our celebration dinner that night."
"Anyway, we manage the company's finances ourselves. As long as it is within the scope of reasonable use, you can buy it with confidence!"
"With Director Lu and I here, the investors will definitely not have any complaints about the finances."
As expected, a top student from Wharton School of Business and an auditor at PricewaterhouseCoopers is awesome!
This confidence really made Jiang Hao nod his head continuously!
"Then don't just give me a car, give each director in our company a car according to the standard!"
Anyway, it’s the company’s money that is being spent, and the company’s money still needs to be carefully calculated during the A round.
Jiang Hao had already calculated the money for the B round, and found that he had more than enough money. Even if he burned it all, it would take more than a year to finish it.
Not to mention that the Totoro live broadcast itself still has income, which is definitely enough money to spend within two years.
As for two years later, that will be the C round!
Since he has enough money and his subordinates are so considerate, Jiang Hao is not a stingy person.
At this moment, the CEO, together with three directors and one CEO assistant, began to openly discuss using the company's money to benefit himself.
After a while, several people nodded in agreement with Jiang Hao, and then left excitedly one by one.
The news of such salary increase including generous year-end bonus is often difficult to conceal.
In addition, this matter has already been decided, and it is now spreading rapidly in the group chats of various companies.
Even the management are very excited, even though the current salary increase has nothing to do with them.
But the specific year-end bonus is also linked to them, which is much higher than the 13th salary standard promised at the beginning.
The atmosphere in the company plus the joy of getting off work soon is almost like Chinese New Year!
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