noveltune Page 1038
Page 1038
The salary corresponding to each level has been greatly improved compared to the original one.
In fact, this is also the promise Cai Congxin made to the employees when Facebook first went public, and he just took this opportunity to implement it.
M1, this is the level of junior managers, and the corresponding position is "supervisor".
The original salary of managers at this level is between 6K and 8K.
But in the new salary system, the starting salary is 10K!For senior executives, it can reach 12K.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!
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.
It is Yahoo, Google, Microsoft, IBM, Amazon, these real giants!
In addition, the current Facebook, through intelligent advertising distribution, already has a lot of revenue.
It is Yahoo, Google, Microsoft, IBM, Amazon, these real giants!
In addition, the current Facebook, through intelligent advertising distribution, already has a lot of revenue.
There is also a large amount of funds raised after listing, and more than one billion US dollars in cash are lying in the company's account.This is the most basic for doctoral students in world-renowned universities.
It is also required that the research direction must be what Facebook needs, and must have already emerged in the research field, and have published papers with certain influence in well-known academic journals.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 employees in the T sequence generally have relatively high wages.
Employees in the market and support positions belong to the "P" sequence, with a maximum cap of "P13", and enjoy corresponding salary packages according to their grades.
The three major systems formulated at that time are relatively leading in China, and the employee benefits given are also the most generous in the same industry.
But now Facebook is very different from before.
Anyway, the starting annual salary of 50 US dollars is not so easy to get.
Facebook is of course qualified to demand such a high salary, because this salary, in any country, is beyond this level of management personnel. The original salary is between 6K and 8K.It is Yahoo, Google, Microsoft, IBM, Amazon, these real giants!
In addition, the current Facebook, through intelligent advertising distribution, already has a lot of revenue.
There is also a large amount of funds raised after listing, and more than one billion US dollars in cash are lying in the company's account.
Spend the money as it should!
Facebook has a compensation committee. Yu Wenfei is the chairman of the committee, and Cai Congxin is also the secretary-general of the compensation committee. Regarding the matter of employee compensation, the two discuss and form a document, which can be passed directly at the meeting.
According to Yu Wenfei's idea, a draft was finally drawn up.
Managers correspond to the M sequence, from M1 to M6, a total of six levels.
The salary corresponding to each level has been greatly improved compared to the original one.
In fact, this is also the promise Cai Congxin made to the employees when Facebook first went public, and he just took this opportunity to implement it.
But in the new salary system, the starting salary is 10K!For senior executives, it can reach 12K.
M2, this level is the small department manager level, which is also divided into M2-1 and M2-2, which are deputy manager and manager positions respectively.
In the original system, the starting salary is 10K, with a cap of 20K, which is [-].
In the new system, the salary starts at 15K and caps at 30K.
M3, senior manager, refers to the experience of senior managers or core departments.
The original salary started at [-] and capped at [-].
High salary.
Even if technology giants like Microsoft, IBM, and Amazon give new employees the same education, the maximum salary is only about [-] US dollars.
Chapter 861 Human Resources Are Busy
Just like Facebook, Cai Congxin is at the M6 CEO level, and has several assistants at the vice president level. Dong Xiaoxue is now also at the M5 vice president level.
For the time being, she doesn't have a car, and she drives a small POLO that she bought herself. This car is obviously not worthy of her position as the general manager of Facebook Entertainment.
After the implementation of the new system, the company will provide her with an Audi A6.
Of course, a vice-president-level car is not equipped with a driver. You need to drive yourself, or let your secretary work as a part-time driver...
M6, CXO!
The "X" in the middle represents several letters, such as "CEO", "CIO", "CTO", "CFO" and so on.These are the sole executives, such as chief executive officer, chief financial officer, chief scientist and so on.
The salary at this level can be imagined.What's more, at this level, what everyone values is no longer annual salary, but dividends, and equity incentives!
At present, there are quite a few employees at the M6 level in Facebook companies.
Needless to say, Yu Wenfei, and people like Cai Congxin, Ai Fei, Fang Zhiyan, Shen Nanpeng, etc. are also at the M6 level!
As for the salaries of the bosses, Yu Wenfei was of course not stingy, and made a decision directly.
This time I will give everyone a salary increase, all in millions... US dollars!
………………
After the salary adjustment of the managers, it belongs to the employees.
This time, instead of using the PT sequence, all P sequences will be used.
From P1 to P15, there are fifteen levels in total.
According to Facebook's promotion difficulty, it is enough for an ordinary employee to struggle for a lifetime.
Maybe you just graduated from university and entered the company, and when you retire, you still can't get above P9.
So there is no promotion ceiling anymore, as long as you work hard enough and make a big enough contribution, there is a vast room for promotion waiting for you.
Moreover, Facebook has developed to its current scale, and the threshold for recruitment has also been raised a lot.
In the past, there were still some junior college students or graduates of secondary schools who could enter the company, but from now on, it is basically impossible for those who did not graduate from prestigious schools to enter.
It's not that there are no outstanding students in poorer universities, but I have to admit that compared with prestigious universities, the probability of a junior college and a second-year graduate is much lower!
Facebook is entitled to choose the best from a group of good graduates, so why choose the better ones from a group of average graduates.