The positions were more or less settled.
Li Dong continued, "The other thing is the salary. You have to come up with a plan. In principle, a level eight position's annual salary plus bonuses should not be less than one million. A level seven position should not be less than five hundred thousand. As for the level nine position and your level ten position, don't be stingy. Come up with a beautiful form and don't hide it. If it's me, you don't have to pay me. Save as much as you can. "
Yuan Chengdao could not hold it in anymore. What do you mean by save as much as you can?
Is it important to give you a salary or not?
So far away, other than Sun Tao having some shares and Weibo financing, everything else belongs to you!
So what if I give you a one billion annual salary?
How much does it really belong to Sun Tao and the rest?!
Saving as much as you can? Do you not feel embarrassed when you say that?
Yuan Chengdao had nothing to say to Li Dong. However, he was secretly happy about the salary plan that Li Dong mentioned.
It wasn't for himself. To be honest, there were only a few people at the level-9 and level-10 posts in Faraway City.
Yuan Chengdao was level ten. Sun Tao and Wang Yue, the two vice-CEOs, and a few CEOs of the subsidiary companies were all members of the board of directors. There were less than ten people in level nine positions.
These people all had an annual salary of ten million. Furthermore, it was set by Li Dong himself. There was no way to change it.
On the other hand, level eight and level seven positions had a starting salary of one million and a minimum salary of five hundred thousand. If he really got this plan out, he would be able to win the hearts of these people.
It was not that they could not get this salary in the past. It was just that there were no clear rules. Who knew how much they would get next year?
Now that it was clear and implemented in the document, everyone would be at ease.
Yuan Chengdao thought about it for a while. This matter was quite important. At least in comparison, it was more important than preparing for the airline company.
The stability of logistics was his biggest task and responsibility.
Far away's development was mainly handled by Li Dong and the two vice-presidents, as well as the chairmen of several large sub-groups.
Ninety percent of his tasks in Yuan Chengdao were related to logistics.
This was more important than anything else. Far away was in a period of rapid expansion. Logistical stability was more important than development at the frontlines.
As Li Dong spoke, he added, "Also, the 10 million share option incentive on Weibo needs to be done in detail. Forget about Weibo. Far away from the other sub-groups, you have to take care of all the managers above Grade 7. "
Level 7 was the level of a provincial branch manager, a deputy head of a department in the headquarters, or a department head of a subsidiary corporation.
This was also the limit. Two million shares weren't enough to go around, and he wouldn't get much anyway. It was pointless.
After all, it was Weibo's option incentive, not other companies. Li Dong couldn't give everyone a share.
So far away, there were close to 200,000 employees. If he really wanted to split all of them, would it make sense for each person to get 10 shares?
Even if Weibo went public and increased by 10 times, one share would only be worth 100 USD, less than 1,000 USD. There was no need to make it seem like he was rich.
To put it bluntly, there were a lot of low-level employees.
Those that Li Dong really wanted to win over were at least Grade 7 and above executives.
Yuan Chengdao already knew that Li Dong was going to distribute 10 million shares. He wasn't surprised, but he was still happy.
He was the CEO of a corporation. The option incentive was mainly given to the executives.
10 million shares. It would be good if the employees could get 2 million shares. The rest would be distributed to the executives.
If Li Dong didn't give any special instructions, Liu Hong and the others would get at least 500,000 shares.
Based on the current value, it would be 5 million USD.
If it went public and increased by a few times, it would be at least 10 million USD. If Weibo went public later, it would be tens of millions of USD.
Weibo might really create a lot of billionaires.
Even if there were no more options in the future, the value of their shares would exceed 100 million USD.
It was not until then that Yuan Chengdao finally calmed down.
His annual salary was not low. It was at least 10 million. Far away, many people felt threatened.
Li Dong was too domineering, causing their presence to be very weak.
If you did a good job today, it wasn't impossible to kick you out tomorrow. Everyone was a little worried.
Now, although it was not the whole corporation going public, with just Weibo going public, they did not need to worry about not having any income for the rest of their lives.
It was a simple matter, and everyone felt at ease.
This was only the beginning. Since Li Dong had distributed the options for Weibo, he would also distribute the options for his other businesses. Yuan Chengdao still believed in this.
Perhaps after working in a faraway place for a few decades, the executives would become millionaires in the future.
Everyone is after profits. Dreams cannot be used as food. If you don't get your salary, no matter how passionate you are, you will be tortured by hunger.
When you have the foundation and confidence, you will then have the right to talk about dreams.
If not, it will not be dreams. It will be daydreaming.
…
Far away's option incentive plan and division plan soon spread among the executives.
10 million shares of Weibo and an increase in salary instantly made all the executives jump in joy.
In the next two days, everyone talked about this the most.
"How many shares did you get? How many levels? "
This had almost become the mantra of the management. Although the official plan was not out yet, some well-informed people could get the news in advance.
Far away was not the only one spreading the news. The outside world was also spreading the news.
Weibo's Series B financing plan was officially announced. Far away planned to add 50 million shares, accounting for 19.23% of the total shares.
Although outsiders did not know the exact price, there were rumors that before the financing, Weibo's valuation was as high as 2 billion USD.
The price was usually the value before the financing.
That meant that the price must be above 2 billion USD to have a chance of entering Weibo.
Far away's financing had not been determined yet. But according to Weibo's financing ratio, Weibo was worth at least 2.5 billion USD!
Just one Weibo alone was worth more than 17 billion RMB!
And even after Li Dong's financing diluted shares, he still held more than 60% of the shares, all of which belonged to him. In other words, Li Dong had earned more than 10 billion RMB on Weibo!
The outside world was shocked. Was Weibo so profitable?
Was it too easy for Li Dong to earn money?
Outsiders might not know how much he had invested on Weibo, but people in the industry could roughly guess. Other than the investors' money, Li Dong had spent at most 500 million RMB on Weibo.
In just over a year, it had become 10 billion RMB in the blink of an eye. That was too exaggerated!
Hu Runbang had previously estimated that Li Dong's wealth was 78 billion RMB, but now it seemed that it was far more than that!
Weibo was just one of the insignificant businesses that Li Dong owned. Just this alone made him worth 10 billion RMB. Not to mention, Weibo was just a subsidiary company that was split from Far away Technology.
The outside world's speculation about Li Dong's wealth was not the main point. The main point was the financing on Weibo and the distribution of options to employees and executives.
10 million shares worth 100 million USD, nearly 700 million RMB, and it was distributed just like that.
Far away's treatment was too good.
Previously, some people said that Li Dong was stingy and had a strong desire to be autocratic. He did not give others options and shares no matter what.
But now, just a Weibo alone had given him 700 million RMB. This was still the current situation. Was Li Dong really stingy?
For a moment, many employees of the Internet companies were shaken.
Should they go Far away for a gamble?
Option incentives were not temporary. This must be a long-term project plan. Far away, Far away's things were valuable. Seeing that Weibo was going to be listed, they might be able to follow the trend and make a lot of money.
Even if they did not go to Weibo, Far away still had a lot of businesses.
Not to mention the businesses, even if they were to be listed, there would not be many benefits.
But the Internet industry was different. It was easy to get rich overnight.
Far away still had shopping malls, PP, Wan Tong …
These businesses did not have financing for the time being. But that did not mean they would not be listed forever. This was impossible.
Now that they were working in these subsidiaries, it was also an opportunity.
With all kinds of thoughts, many people started to submit their resumes to Far away's HR department.
Not long after the option incentive plan was leaked, Far away Technology received more than 1,000 resumes.
Among them, there was no lack of people who wanted to fish in troubled waters. But there were also real elites.
…
The outside world was in an uproar, but it was mainly about Weibo and Far away Technology. It did not have much impact on the other businesses Far away.
As for Distance Logistics, it was not affected by the situation there.
Qin Hai had been running all over the country during this period. Initially, it was for the airline company. Later, when Lan Xingguo came, he also put aside the airline company.
But logistics itself had plans to expand, especially in the area of storage and sorting. He was under a lot of pressure.
Previously, Li Dong had merged the supermarket distribution system into Far away Logistics. He still had to manage the distribution center, and the pressure was even greater.
For a few months, Qin Hai did not return home.
October 12th, weekend.
Qin Hai rarely had a day off. Coincidentally, Weibo's option incentive plan was exposed on the internet.
Qin Hai knew about it and did not care much about it.
Yang Yun, who had just returned from Beijing, heard about it for the first time. When she saw the news, she was shocked. "Weibo is going to be listed?"
Qin Hai ate his breakfast and said, "Not so soon. There is still a round of financing. But it should be listed in the next two years. It depends on the market."
"That means the news is true?"
"What?"
"Option incentive. You are a director of the group. You should have a share, right?" Yang Yun couldn't help but ask.
Qin Hai nodded. "I think so. CEO Yuan mentioned it once and did not care much."
Seeing his attitude, Yang Yun was dissatisfied. "What do you mean did not care much? How much did you get? Now you are showing off. You are rich, right? Your family is running out of food, and you are still trying to pretend to be rich. You said you did not care much! "
Qin Hai did not say anything and continued eating.
Yang Yun glared at him. After a while, she said, "I'm serious. We really don't have money. You have earned a lot in the past two years, but Yuhan has opened 13 branches and is planning to continue. The bank has taken a loan and the dessert house has earned some, but it is not enough. It is not time to pay bonuses and dividends this year. I have paid all your previous salary. "
"All spent?"
Qin Hai frowned slightly. He exhaled and said, "At least it is close to ten million yuan in the past two years. I don't think I can't even afford to eat, right?"
"There are still tens of thousands of yuan left. What do you think?"
Yang Yun rolled her eyes and said, "And your job, it is hard to say how long you can keep it. I think Yuhan is …"
Qin Hai's brows twitched. "What's wrong?"
"She and Li Dong seem to be … not as close as before. This girl is running around all day now. I think she has other ideas. As for the dessert house, Li Dong also offered to support her, but she refused. Do you think our daughter is ready to be self-reliant? "
Qin Hai put down his bowl and chopsticks. After a while, he said, "It is good to be self-reliant. It is best not to look for Li Dong if you are short of money. As for my job, if I really lose it … we will talk about it. "
Qin Hai exhaled. Because of his relationship with Li Dong, he was actually more hardworking than the other directors.
In order to run projects, he would spend at least half of the time out of town on business.
Compared to the other directors, Qin Hai felt that he was doing his best.
If he was fired because of his daughter, he had nothing to say. He did not owe Li Dong anything.
When he thought of Qin Yuhan, Qin Hai could not help but think of Shen Qian. He sighed and said, "Have you asked Yuhan what she thinks?"
Yang Yun complained, "What should I ask? She won't tell me even if I ask. What else can I do?
As for Li Dong, he was not a good guy either.
I don't have much hope for them now. However, while you are still in your position, don't let him get what belongs to you.
How much did you get in the distribution of Weibo options?
Also, are there any restrictions?
Don't take it back as soon as you leave. "
"There are restrictions for the people below. The few of us don't have many restrictions. After three years, we can get all of them. However, there are still some restrictions if we leave. At the very least, we have to buy them at the exercise price. As for how much … "
Qin Hai thought for a while and said, "About 500,000 shares. Director Yuan and Liu Hong should have more. 600,000 shares. Director Sun and the rest are about the same as me."
"Does that mean that there are about 40 million shares now?"
Qin Hai nodded and said, "More or less."
Yang Yun thought for a while and said, "That's for the best. With these, if Yuhan really wants to … with Li Dong, there will be a guarantee."
After saying that, Yang Yun let out a long sigh and shook her head. "In the past, it was fine even if I didn't have money. Now that I'm thinking about these things, I'm not as free as before. I don't know if Yuhan and Li Dong's relationship is good or bad. If they really break up, with Li Dong as an example, will our daughter still like someone else? "
It was not afraid of not knowing what was good, it was afraid of comparing goods.
She had been dating Li Dong for many years. If they really broke up and looked at someone else, not everyone could accept the difference.
Qin Hai lowered his head and continued eating. After staying silent for a while, he mumbled, "I think it's hard."
With his daughter's personality, if she really broke up with Li Dong, she might really be single for the rest of her life.
Yang Yun looked at him and shook her head. She fell into silence.
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