Xiao Qi's salary last year was very high. As the president of DreamPad and DreamStars, DreamPad and DreamStars paid him a monthly salary of US$5 million, and a year-end bonus of US$50 million.
The salaries of these two positions alone add up to a total income of US$220 million.
If DreamSnow were to be spun off in the next step and sell its shares, revenue would have to increase by another $110 million.
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 does not receive a salary - he pays himself a salary and has to pay an extra tax, which is not very consistent with financial management.
DreamPad and DreamStars, which sold their shares, earn a large amount of dividend profits for shareholders every year anyway, so Xiao Qi doesn't need to save money for them.
After all, Western society advocates senior managers. As long as you can manage the company well, it is normal to distribute more profits and dividends.
For example, Schwartzman of Blackstone Group, his salary plus dividends last year was US$370 million, which was more than Xiao Qi.
Of course, this guy actually dared to pay himself such a large dividend when the U.S. economy was in such a bleak situation, which was also criticized by Americans.
But because Blackstone Group also has good performance in its cooperation with Xiao Qi, shareholders have nothing to say.
Xiao Qi's revenue from DreamPad and DreamStars last year, 220 million US dollars, was all donated to Mingxiang Primary School and Mingxiang Middle School. Last year, Mingxiang Primary School and Mingxiang Middle School began to cover the three southwestern provinces, and most of the credit is due to Xiao Qi's donation.
Even though Xiao Qi donated so much, the young man's income far exceeded what he donated.
Last year, DreamPad's dividend to Xiao Qi reached about 16.6 billion U.S. dollars, and DreamStars' dividend to Xiao Qi was almost 14.4 billion U.S. dollars, a total of 31 billion U.S. dollars in net profit dividends, making countless investors and managers around the world envious.
In addition, there is the income from DreamSnow, the income from Fairy Real Estate, the income from selling stocks on two public listings, the income from dividends from the shares of major companies he invested in... and so on. Taken together, Xiao Qi's net income in a year exceeds 100 billion US 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 dollars, and there are so many fixed assets, so it is actually calculated as more than 700 billion U.S. dollars. It is really incorrect.
However, Forbes and Fu Run's 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 is still losing money, so his assets will naturally be reduced.
The unpredictable assets they are talking about are mainly Fairy Farm, Fairy Agriculture Internet of Things Company, and Xiaoyao Logistics' large-scale land purchase and construction of logistics warehouses, etc. These are unlikely to see good results within three to five years.
It takes a long time to work hard to achieve good results.
All right.
Xiao Qi is the only one with such a high income in the world, and others cannot match it.
Besides Xiao Qi, the highest paid person in Fairy Company is the hard-working Vice President Zhou Bozhou.
Vice President Zhou’s pre-tax income last year exceeded 3 billion yuan, and after-tax income was as high as 2.3 billion yuan, which is almost 400 million U.S. dollars. He can be called the king of part-time workers in China!
Before the Spring Festival, Zhou Bo's wife Zhu Yun almost fainted after seeing the numbers on her account. Even though her family background was not bad, it was the first time she had seen such an astronomical number! And it was in front of her husband.
It makes me dizzy just thinking about it.
Although Xu Weihong has the same status as Zhou Bo, he and MCA are concentrating on running and building Fairy Bank, so the workload is not as heavy as Zhou Bo, so the overall income is less than Zhou Bo.
Qin Yibin, who single-handedly built Xiaoyao Mall into a prosperous business, like Xu Weihong and MCA, received an after-tax dividend of 1.6 billion yuan. The remaining ones were Sun Manxue and Zhang Qingqing, who each received an after-tax dividend of 800 million yuan.
Zhang Qingqing was promoted to vice president in charge of headquarters affairs in September last year. Judging from her current busy work status, her dividend next year will be at the same level as Qin Yibin and others.
But the dividend of 800 million yuan is enough to shut up the people in Zhang Qingqing's family. Her 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 received the dividend, Zhang Qingqing bought a Ferrari sports car for her lovelorn and unhappy sister. Telling the story made people envious of the relationship between the two sisters.
Even Wen Anping was asking Xiao Xu whether it was for his sake that Xiao Qi gave such a high dividend to the eldest girl?
In the end, Xiao Qi personally called Wen Anping and explained Zhang Qingqing's role in Fairy Company and Fairy Company's salary and reward system for the vice president. Wen Anping felt relieved.
According to her position as vice president, Yu Shanshan also received 800 million in dividends, but she was busy giving birth to children in 2009 and had no business managing the company, so she voluntarily gave up any salary and dividends and just kept a fairy company.
Just the position of vice president.
It can also be seen from this that when you reach the highest level of management, the salary of only 40 million to 80 million is nothing at all, and dividends are the big deal.
Compared to senior executives at the vice president level, chairman of subsidiary companies, department heads, etc., they actually receive dividends, but their dividends are paid out in the form of bonuses, and are relatively much smaller.
So Yu Shanshan has already put forward a proposal, that is, starting from 2010, according to the difference in annual profits, starting from the department head level, bonuses will be significantly increased, and the bonuses will be increased from 10 months to 30 months.
For example, Xing Hu, the director of the General Affairs Department, his salary in 2009 was 500,000 yuan per month, and he was paid 24 months' salary a year, which means that 12 months' salary was used as a bonus.
But after this calculation, his income is only 12 million, not even a fraction of Zhou Bo's.
Of course, it can’t be said that Xing Hu’s income is very small. Compared with his previous income from running a barbecue stall, it is at least 100 times higher. Xing Hu himself feels very satisfied. He often says that he, his wife and two children are together.
This money will never be used up in a lifetime.
Moreover, Xing Hu is also very 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., which allows him to stay in his hometown.
The prestige is particularly high.
Xiao Qi often joked that if Brother Hu retires and returns to his hometown, he will definitely be elected as the village chief.
Having said that, Xing Hu himself didn't care, but Yu Shanshan felt that for the head of the company's headquarters department, the annual salary of 12 million was far from enough to reflect Fairy Company's generous treatment.
Fairy Company is originally very profitable. If the salary difference between the vice president and the people below him is too big, it will easily cause dissatisfaction. However, Xiao Qi's high income will not arouse the jealousy of his subordinates. After all, he is the boss.
Therefore, the annual bonus for the department head was originally 12 months' salary, but now it is planned to be 36 months' salary as a bonus. In Xing Hu's case, his annual income will increase by 12 million to 24 million.
Doubling the amount is more appropriate.
Wen Lu, the general manager of Fairy Farm, has a monthly salary of 1.2 million. He originally received 18 months of salary as a bonus a year, and his annual income was 36 million. But now he plans to increase it to 38 months of salary as a bonus, with a total income of
It reaches 60 million, which is quite appropriate.
As for the salaries of section chiefs, employees, etc., Fairy Company is also considered the highest in the world, so there is no need to rush to change, at least it can be improved steadily and slowly.
What they need more is a stable job, rather than a heart-pounding salary system that fluctuates up and down.
Every move of Fairy Company actually affects the minds of all media.
The change in the salary system proposed by Yu Shanshan was quickly known by the media, and then they began to report and comment on it.
Some agreed, some despised showing off their wealth, and some just wanted to jump into the arms of the Fairy Company...all kinds of reactions.
It is not just the Chinese media that is paying attention to this matter, but also the foreign media.
So when Fairy Company proposed that it wanted to recruit outstanding professional managers from all over the world to assume the position of Vice President of Fairy Company, I don’t know how many global business people who considered themselves elites directly invested in Fairy Company.
own resume.
Especially foreigners, they usually have no so-called loyalty towards a company. They only care about whether they took good care of the company when they were in the company. As long as they fulfill their responsibilities, then they will
Any job-hopping in the future will be a normal market flow.
An income of at least one to two hundred million US dollars a year is definitely a good thing in this era of extremely serious financial crisis! (To be continued ~^~.)