I was reborn and stayed in school to lie down. I really don’t want to roll anymore!
Chapter 826 Employees' passion ignited
Jiang Hao had already simply distributed the employee shares before the company went public last month.
That time, after he reorganized the board of directors, he consulted with senior executives and then drew up a list of key personnel for allocation.
There are less than 600 employees on the list, and their stock holdings are relatively small.
And because the matter was too sensitive, Jiang Hao only distributed shares to employees in the technical department and the main business group of the Haijing platform.
The several new business lines that Hu Lijuan is in charge of have not been allocated.
Now that the listing is imminent, the accounting firm and other departments are progressing very quickly, and Jiang Hao also needs to quickly distribute the shares in the option pool.
When Lawyer Dong heard this, his heart tightened immediately. He was naturally familiar with this job.
He also drafted the equity incentive distribution before Totoro's listing, especially the employee stock ownership.
It’s not that the work itself is difficult, but the distribution of benefits is very offensive.
He had just arrived at Haijing and had little experience, so this kind of work was indeed difficult.
"Boss Jiang... After all, I just came to the company and I don't even know all the lower-level employees. Is this job...?"
...
"I know. I have already discussed the list and information of employees with Mr. Zhang. You can check it out at any time."
"Including the HR department's comments on employees, past evaluations, etc., will all be open to you."
"You just came to the company and you are not familiar with the employees. This allocation will be more fair."
The equity distribution matter has been the last mess for Jiang Hao since he stopped halfway through it last time.
Especially since there were many internal voices, he himself really didn't have the time to pay attention to the equity incentives of ordinary employees.
Now that Lawyer Dong has come to the company, he hasn't had much contact with other employees in the company, so it's relatively fair for him to do this job.
More importantly, Lawyer Dong had worked on the equity distribution of Totoro before, and Jiang Hao trusted him quite a bit.
"Well! Mr. Jiang, I'll try my best to understand the plan. Are there any specific requirements for the number of places?"
……
"The Technical Department and the Main Business Group have already made allocations, so we can give them fewer places."
"More employees can be assigned to the business lines that Director Hu is in charge of."
"As for the overall quota, excluding the management, 20% of the company's employees will be used as the allocation quota."
Haijing currently has nearly 12,000 employees, and it would certainly be impossible for all employees to hold shares.
However, after excluding the management, 20% is not a small proportion.
Taking the entire company into consideration, less than 30% of people can obtain company stocks and enjoy the dividends from listing.
Jiang Hao had set this standard in his heart.
"One more thing. The executives' options department can notify them to exercise their options."
"Let them all prepare their funds. If anyone wants to give up their options, the company can buy them back at a premium!"
From the big pie of listing that was drawn a few years ago, many executives wanted high options with low salaries, and now it has almost reached the final steps.
They need to use real money to buy the option according to the agreed price of that year.
The earlier the options, the lower the price. By the time of the last round of options, the price is already quite high.
Of course, Jiang Hao is not worried that some people will not be able to afford it. After all, for this kind of business, they cannot afford to buy the options themselves, and the bank is very happy to lend them money.
Especially high-quality companies like Haijing, everyone is eager to get them.
"Okay, I understand. I'll send an email to notify you later."
Lawyer Dong no longer felt the joy he had felt when Jiang Hao praised him at the beginning.
I have been burdened with so many complicated and difficult tasks all at once, and these are very offensive tasks at that. I guess I have to be prepared to work overtime in the company starting today.
His expression was naturally much more complicated, but he still concealed it well in front of Jiang Hao.
Just as he stood up and prepared to finish his work, Jiang Hao seemed to have thought of something and waved his hand to stop him.
"Oh! By the way! There's one more thing."
Jiang Hao stood up at this moment, took a document from his desk and handed it to Lawyer Dong in front of him.
Lawyer Dong took it without knowing what was going on and looked through the contents. The next moment his breathing became heavy.
The document contained nothing but a contract for granting options.
The share is one ten-thousandth, and the option can be exercised at 80% of the previous round's valuation.
This means that the original option value of 1500 million US dollars became 1200 million US dollars in Lawyer Dong's hands.
As long as he signs, he will have made a net profit of 300 million euros.
Not to mention that if the Haijing stock price soars after the company goes public, his earnings will be far more than the current 300 million euros.
The thin document in my hand suddenly felt very heavy.
"Boss Jiang, let's forget about it. I told you when you asked me to come in that I didn't want any shares."
Naturally, he was reluctant to give it up. With such a huge benefit within his reach, even though Lawyer Dong was worth a lot, he was still very tempted.
Of course, he finally chose to refuse and quickly pushed the document back to Jiang Hao.
"You don't have to refuse. After all, we knew each other from Totoro. Besides being colleagues, we can be considered old friends."
"This option is a reward for your work on equity distribution during this period. I just gave it to you in advance."
"I know this job is not easy, but just do your best."
"By the way, if you really feel pressured, or if a department manager really comes to you, just ask Xiao Xu to come over and ask her to help you."
Xu Qingqing's eyes widened when she heard this.
It turned out that President Jiang asked her to sit in on the trial and was waiting for her here.
Although Xu Qingqing is only the chairman's assistant and her rank may not be as high as those of department managers for the time being, her actual power and influence are no less than those of directors.
Jiang Hao asked Xu Qingqing to settle it, on the one hand to signal to the company that Lawyer Dong's option plan was authorized by him personally.
On the other hand, it is also to train Xu Qingqing, and these contact and communication skills must also be cultivated.
Until the end, after Dong Lu came out of Jiang Hao's office, he sighed heavily, but an excited smile appeared on his face.
Very complicated emotions are intertwined in my heart.
……
At 6 o'clock that evening, when many employees were about to leave work, an email sent from the Legal Department immediately rekindled the enthusiasm of the entire Haijing company!
"With the authorization of Chairman Jiang, a new round of employee equity shareholding will be launched from today, and the Legal Department will be fully responsible for it."
"At the same time, colleagues who already have stock options in the company can exercise them starting tomorrow."
“If you intend to reduce the number of shares you exercise, the company can repurchase them at a premium to the current valuation (you need to report this to Mr. Jiang in person)!”
This simple email immediately made all employees excited.
At the same time, the executives of Haijing Company were also enthusiastic. After all, everyone knew exactly what exercising the options meant.
This means that the short video and live streaming giant, Haijing Technology, where he is now, has begun the countdown to its listing!
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