My rebirth is different

Page 1037

It was because he could see that Yahoo's decline was imminent.

…………

"We have never given up on the pursuit of technology, but it also comes at a price. High-end technical talents require a huge investment..." Cai Congxin shook his head and smiled.

Indeed, for Internet companies, especially technology-driven companies, labor costs are the biggest expense in company operations!

High-end talent is a "luxury" in any era!

Even in 2004, the overall income level of society was not high.

However, on Facebook, the average income of technical employees has exceeded [-]!

More senior employees with the title of engineer can easily earn [-] to [-] a month.

Don't think it's high, and don't say that migrant workers at that time could only earn one or two thousand a month, because there is no comparison between the two.

The employees who can enter Facebook and hold key positions are basically graduated from the top domestic universities. Master students start, and doctoral students are common!

There are also many high-end talents in your country who have completed their Ph.D. studies in prestigious foreign universities.

Such a person can be said to have been the best among his peers since elementary school!

Step by step to the present, I don’t know how many people of the same age have been eliminated. Only after [-] years of hard study can I earn [-] to [-] yuan a month.

Is it too much?

Not much at all!

And the contributions they made, to a greater extent, can change the world!

So it deserves a high salary.

Facebook has thousands of employees, and the monthly expenditure is as high as hundreds of millions just to pay salaries, which can be described as a very heavy burden.

But this is the company tone that Yu Wenfei set at the beginning of Facebook.

The thirst for technical talents is endless.

Facebook's recruitment has never stopped. For technical talents, as long as you have real materials, you are welcome to apply for Facebook at any time.

The door of Facebook has never been closed to talent!

…………

"No amount of investment is worth it. As long as high-tech talents can be recruited, it doesn't matter how much you pay." Yu Wenfei said firmly.

"Well, so I came here to report on work today, and I also want to make a special trip to report a new talent introduction plan to Mr. Fei. This opportunity needs your support." Lu Qi quickly answered.

"Oh? Can't you make a decision on the plan?" Yu Wenfei asked with great interest.

Ordinarily, Cai Congxin is the CEO and already has the right to decide most things.

Only matters related to the company's strategic level need to report to him, the chairman of the board of directors.

"This plan actually has some debates within the company, so we dare not decide on our own." Cai Congxin said with a smile, took out a document and handed it to Yu Wenfei.

Take it over and see that there are a few big characters written on the cover.

"Genius Boy Project"!

Yu Wenfei flipped through it and took a rough look. No wonder there was controversy, because this plan was indeed a bit shocking in 2004.

According to this plan, Facebook will introduce ten to twenty truly talented elites from all over the world every year, who are PhD students or newly graduated doctoral students.

The treatment given to them is naturally astonishing.

The global unified standard starts with an annual salary of 50 US dollars, and there is no upper limit!

50 million dollars...

Converted into RMB is 400 million!

To be honest, the annual salaries of the company's bosses are not that high!

Chapter 860 Salary System Upgrade

(Anti. Theft. Chapter, read it in 5 minutes)

In this way, I think Facebook's original M, P, and T employee systems are a bit outdated. M is the management sequence, which can be continued without change.But P and T can be directly merged together, just use the letter P to represent it.From P1 to P15, it is divided into 15 levels..."

Yu Wenfei explained the changed employee system.Yu Wenfei explained the changed employee system.

According to the new system, M still represents the management sequence, and the level of the existing management personnel remains unchanged, but the salary package will be greatly improved.

It turns out that Facebook's treatment is the best in the domestic Internet industry.

At that time, Facebook still relied entirely on Yu Wenfei’s own and venture capital money, and the company itself had no revenue.

Relying on generous benefits, Facebook has attracted a large number of technical elites to join the company, leading all peer companies in terms of technical strength.

But Yu Wenfei felt that it was not enough!

According to the new system, M still represents the management sequence, and the level of the existing management personnel remains unchanged, but the salary package will be greatly improved.

It turns out that Facebook's treatment is the best in the domestic Internet industry.If the young man he found had an annual salary several times his, how would he feel about it?

Of course, Lu Qi made it clear that he supported this plan.

…………

After reading the plan, Yu Wenfei closed the file and pondered for a moment.But now Facebook is very different from before.

Facebook has gone public, raised a large sum of money, and has become the largest social platform with the most users in China, and even started to go global.

Then, the corresponding management system and salary package of Facebook must start to be on par with the world's top companies.

Otherwise, where is the competitiveness?

With the development of the company, some things need to be changed, otherwise, it will not be able to keep up with the development of the company.

In the early days of Facebook’s establishment, Yu Wenfei personally drew up the three-level system of employees.

Managers are graded with "M" grades, and the grades will determine the salary and benefits of employees.

Employees in technical positions are graded with "T", and the highest "T15" is capped, and the employees in the T sequence are generally paid, but Yu Wenfei feels that it is not enough!

Because Facebook in the future will face global competition. If it wants to attract the world's top talents to join the company, then the corresponding benefits must be compared with the world's top technology companies.Managers correspond to the M sequence, from M1 to M6, a total of six levels.