Age of Dreams

Chapter 2910 Changed Salary Structure

Xiao Qi's salary income last year was very high. As the company president of DreamPad and DreamStars, DreamPad and DreamStars gave him a monthly salary of 5 million US dollars, and the year-end bonus was 50 million US dollars.

The salaries of these two positions alone add up to a total income of 220 million US dollars.

If DreamSnow is to be spun off in the next step and sell its shares, the 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 a salary.

Similarly, Fairy Company is also Xiao Qi's private property, so as the president of Fairy Company, Xiao Qi also 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, which have sold their shares, earn a lot of dividends for shareholders every year anyway, and Xiao Qi doesn't need to save money for them.

After all, what Western society advocates is senior managers. As long as you can manage the company well, it is normal to have more profit and dividends.

For example, Schwarzman of the Blackstone Group, his salary plus dividends last year was 370 million US dollars, more than Xiao Qi.

Of course, this guy dared to pay himself so many dividends under such a bleak American economy, which was also criticized by the Americans.

But because the Blackstone Group also has good performance in the cooperation with Xiao Qi, the shareholders have nothing to say.

The 220 million U.S. dollars that Xiao Qi earned from DreamPad and DreamStars last year were all donated to Mingxiang Primary School and Mingxiang Middle School. Last year, Mingxiang Primary School and Mingxiang Middle School had begun to cover the three southwestern provinces, and most of the credit was due to Xiao Qi's donation.

Even though Xiao Qi donated so much money, the young man's income far exceeded the amount he donated.

Last year, DreamPad’s dividends to Xiao Qi reached about 16.6 billion US dollars, and DreamStars’ dividends to Xiao Qi was almost 14.4 billion US dollars, a total of 31 billion US dollars in pure profit dividends, which made countless investors and managers in the world envy and hate.

In addition, the income from DreamSnow, the income from Fairy Real Estate, the income from the sale of two listed stocks, the income from the share dividends of the major companies he invested in... etc. Adding up, Xiao Qi's annual net income exceeds 100 billion U.S. dollars.

This is why so many people scoffed when Forbes and Fu Run ranked Xiao Qi's assets at around US$760 billion.

Their annual net income reaches hundreds of billions of U.S. dollars, and there are so many fixed assets, it is actually more than 700 billion U.S. dollars, which is too inaccurate.

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 industries with unpredictable futures, and he is still losing money, so his assets will naturally decrease.

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, etc. It is impossible to see good results in three to five years. It takes a long time to work hard to get good results.

Ok.

With Xiao Qi's high income, he is the only one in the world, and no one else can match it.

Apart from Xiao Qi, the highest earner in Fairy Company is the hardworking Vice President Zhou Bozhou.

Vice President Zhou's pre-tax income exceeded 3 billion yuan last year, and his after-tax income was as high as 2.3 billion, which is almost 400 million US dollars. He can be called the king of migrant workers in China!

Before the Spring Festival, Zhou Bo's wife, Zhu Yun, almost fainted when she saw the numbers on the account. It was the first time she saw such astronomical numbers, even though her family background was not bad! And it's still in my husband's bank account, just thinking about it makes me dizzy.

Although Xu Weihong has the same status as Zhou Bo, he and Ma Hua have devoted themselves to running and building the Fairy Bank, so the workload is not as heavy as Zhou Bo's, so the overall income is also less than Zhou Bo's.

Like Xu Weihong and MCA, Qin Yibin, who single-handedly built Xiaoyao Mall into a boom, received an after-tax dividend of 1.6 billion yuan. The remaining ones were Sun Manxue and Zhang Qingqing, who each received 800 million yuan in after-tax dividends.

Zhang Qingqing was only promoted to vice president in charge of headquarters affairs in September last year. Judging from her busy work status, next year her dividends will be at the same level as Qin Yibin and the others.

But the dividend of 800 million yuan is enough to make Zhang Qingqing's family shut up. The seven aunts and eight aunts always want her to go on a blind date, get married and have children, but now they see Miss Zhang getting a dividend of 800 million yuan in one go , who dares to say that her work is not important?

As soon as she got the bonus, Zhang Qingqing bought a Ferrari sports car for her depressed sister who was broken in love. Telling about it makes people envy the relationship between the two sisters.

Even Wen Anping was asking Xiao Xu, is it because of his face that Xiao Qi gave the big girl such a high dividend?

In the end, it was Xiao Qi who personally called Wen Anping, explaining Zhang Qingqing's role in Fairy Company, and Fairy Company's compensation and reward system for vice presidents, Wen Anping felt relieved.

According to the position of vice president, Yu Shanshan also has a dividend of 800 million yuan, but she has been giving birth to children in 2009, and has nothing to do with the management of the company, so she voluntarily gave up any salary and dividends, and just kept a fairy company Just the job of the vice president.

It can also be seen from this that when it comes to the top management personnel, the salary of only 40 million to 80 million is nothing at all, and the dividend is the big one.

Compared with the senior executives at the vice president level, the chairman of the subsidiary company, department heads, etc., 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 put forward a proposal, that is, starting from 2010, according to the difference in annual profit, starting from the department head level, the bonus will be greatly increased, and the bonus will be increased according to the amount of 10 months to 30 months.

For example, Xing Hu, the director of the General Affairs Department, his salary in 2009 was 500,000 RMB per month, and then he was paid 24 months a year, which meant that 12 months of salary were used as bonuses.

But calculated in this way, 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 his previous income from opening a barbecue stall, it is at least 100 times higher. Xinghu himself feels very satisfied. He often says that he, his wife and two children work together With this money, it will never be used up in a lifetime.

Moreover, Xinghu is also particularly responsible. He takes half of his income back to the small mountain village where he and his wife come from every year, where he builds roads and bridges, helps farmers with ecological agriculture, builds schools, etc., so that he can live in his hometown. The prestige is particularly high.

Xiao Qi often joked that if Brother Hu retired and returned to his hometown, he would definitely be elected as the village head.

Having said that, Xinghu himself doesn't care, but Yu Shanshan feels that for the head of the company's headquarters department, the annual salary of 12 million is far from enough to reflect the generous treatment of Fairy Company.

Originally, Fairy Company was very profitable. If the salary difference between the vice president and the subordinates was too big, it would easily cause dissatisfaction. However, Xiao Qi's high income would not arouse the envy of his subordinates. After all, he is the boss.

Therefore, the original annual bonus for the department head was a 12-month salary, but now it is planned to become a 36-month salary as a bonus. Taking Xing Hu as an example, his annual income will increase by 12 million to 24 million, double Doubled, which 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 as a bonus a year, and his annual income was 36 million. Now he plans to increase his salary to 38 months as a bonus. The total income It reached 60 million, which is very appropriate.

As for the salaries of section chiefs, employees, etc., Fairy Company is also considered to be the highest in the world, so there is no need to rush to change, at least it is good to increase steadily and slowly.

What they need more is a stable job, not a heart-pounding salary system.

Every move of Fairy Company actually involved the thoughts of various media.

The change of the salary system proposed by Yu Shanshan was soon known by the media, and then began to report and comment on it.

Some agreed, some despised flaunting their wealth, and some wished to immediately fall into the arms of the Fairy Company... There were all kinds of reactions.

It is not only the Chinese media that pay attention to this matter, even the foreign media are also very concerned.

So when Fairy Company proposed to recruit excellent professional management managers from all over the world to take up the position of vice president of Fairy Company, I don’t know how many global business people who think they are elites directly voted for Fairy Company. own resume.

Especially foreigners, they usually have no so-called loyalty to a company. They only care about whether they have taken care of the company when they are in this company. As long as they fulfill their responsibilities, then they How to change jobs in the future is a normal market flow.

An annual income of at least 100 to 200 million U.S. dollars, in this era of extremely serious financial crisis, is definitely a sweet potato! (To be continued ~^~.)

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