Wall Street Legend

Talking about feelings with employees is just like being a hooligan.

Who gets up early every working day and gets off work after dark, working several or even ten hours a day just for a few compliments from the boss?

After all, it is not just about making money. Of course, there is also the factor of realizing one's own value, but it is only secondary compared to money. It is reasonable and reasonable for employees to work hard and get relatively equal returns from the company.

The average salaries of the Internet companies founded by Ye Dongqing are among the highest in Silicon Valley. They have been elitist from the beginning and will not accept non-talents. It is no exaggeration to say that even security guards and cleaning staff must have worked for more than two years. Experience, and have gone through a background check by the HR department to ensure there is no criminal history and a positive and cheerful personality.

The median annual income for other positions is US$80,000. The US dollar is still relatively strong these days, and housing prices in the San Francisco Bay Area are not that high. With this kind of salary, it is enough for ordinary employees to live a white-collar life and reduce company expenses. A large part of it is spent on personnel expenses.

We did not implement an equity incentive plan like other start-up companies. We were worried that our employees would complain and change jobs, so we set wages higher than the normal level. However, we have seen that the market value of these companies has skyrocketed recently, and there are still employees. Beginning to become mentally unbalanced, Ye Dongqing heard about the equity incentive plan one after another. Mr. McCord once told her that he had received several letters of proposal.

After all, it is nothing more than related to their personal interests.

It's normal for people to like money. If they can't find it profitable, where can they find employees to work hard for them?

For example, the union leader who is following Ye Dongqing at the moment is said to have been organized voluntarily by Facebook employees and elected a young Indian man who volunteered as a representative. He is speaking to Ye Dongqing in English with a weird accent: “According to data released by a survey agency, one dollar more invested by a company in employee benefit plans can bring about six dollars in economic benefits to the company. This proves the close relationship between employee benefits and corporate effects from a data perspective. .

We have the right to better integrate into Facebook and are willing to do more work, but when will you be willing to give us more benefits? I mean equity benefits. Many people are paying attention to this, and some are veteran employees who have joined the company for a year and a half.

A veteran employee of one and a half years? Well, compared to the time when Facebook was founded, he is indeed a veteran employee. Listen to what you mean, if I don't give you more benefits, then you won't be willing to work hard. It seems like I need to re-evaluate the issue of year-end bonuses, maybe I gave them too much last year.”

Ye Dongqing didn't know who had chosen such a stupid young man who was not afraid of him at all. He was on his way to his office. This guy had been harassing him since he was in the parking lot. It was probably because he was too bored. I even think this guy is interesting, especially in terms of accent. Listening to it too much will make you tongue-tied and forget how to speak American English.

Last year, he gave employees at Facebook and Tamsui Investment Group a few more months of salary as a reward, which was pretty good. However, these employees did bring him huge benefits. This is probably what they jointly thought. You need to have the confidence to push forward. After all, Facebook’s valuation has increased at an alarming rate this year.

Upon hearing this, the Indian-born young man Hrithik was immediately stunned. In his expectation, Ye Dongqing should not question him like this. He thought that if the benefits were not increased and the year-end bonus was reduced this year, wouldn't he be killed by his colleagues? He immediately shook his head and replied seriously: That's not the case. We have always been 100% dedicated. We just have a few small requirements regarding the working environment and benefits.

If, dear boss, you are willing to learn from Google and implement a more humane corporate management system, more reasonable personnel promotion and equity incentive system, that would be great. The people at Google have been secretly saying that you are not as generous as their boss. .

After using all the provocation techniques, Ye Dongqing glanced at this guy and asked him with a smile: Tell me, how does Google do it?

When their employees die unexpectedly, they can receive a pension that is almost equivalent to five years' salary. Of course we don't want to have physical problems with ourselves, but what if someone has an accident? Last time, a guy in our company died in a car accident. They were knocked into a vegetative state, and a programmer lost his footing and fell into a pit while walking his dog, becoming a vegetative state. Their families did not receive good care.

In addition, they removed the engineer manager position and gave us more free space to work. Now there are also people to manage, but it is not as strict as our company. For example, those people have 20% free space in their work, and they There are also exquisite pastries in the canteen.

Probably because Ye Dongqing wasn't angry, Hrithik became more energetic as he spoke.

After all, he was a union leader. Ye Dongqing was not angry and told him: I will find out about the pension. If it was not handled properly at that time, I will definitely compensate their family, but the removal of the supervisor...who is your supervisor? Who, did he offend you?

If no one arranges it, who will assign the work? I think you just want to be lazy. Maybe those of you who are engaged in mental activities really need more rest time. When you are tired and tired, you should take a break once in a while. No one should care about it. It's not like you are in college, and you still need time after class. First organize your ideas into a document and send it to me. If you think it is suitable, I will consider adopting part of it.

Hrithik took out a paper document on the spot. He didn't want his supervisor to know about it, so he pretended to be dumbfounded and didn't answer. He found an excuse and said he had work to do, and ran away.

Mahi followed to the company. She looked at the back of the Indian young man and said to Ye Dongqing: Your company is very interesting. No one in my family's company dares to say no to my father. What they need to do is Employees have absolutely no freedom as they do just to perform their jobs.”

Right, you can see it. It's obviously quite loose, but I still feel restricted. I have to go to Google to check it out when I have time. It's not as good as what they said.

Ye Dongqing felt that she was despised by some employees, and even began to imagine asking Larry Ellison, Elon Musk, or Jobs and Bezos to come over and teach them a lesson. They are known for their hot tempers. If they were to manage this group of people, who would dare to think of making such an opinion?

He added to himself: Maybe it's because I don't come here often, and I lose my dignity. In fact, I am more willing to adopt a management model that continuously squeezes employees and stimulates their desire to survive. This seems to be good now. I feel a little bit better. A free corporate culture…”