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Wei zhongshan excellent printer is set up subsidiary company shares encouragement by fhmfg sdvs





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Wei zhongshan excellent printer is set up subsidiary company shares encouragement by
Article Posted: 05/26/2011
Article Views: 89
Articles Written: 1533
Word Count: 687
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Wei zhongshan excellent printer is set up subsidiary company shares encouragement


 
Business,Business News,Business Opportunities
In order to prevent brain drain, retaining the test over a long period after the Management Or market development on the one hand, or many, of the outstanding contributions Wei Zhongshan excellent management, excellent in existing Zhongshan Wei organization within the framework of priorities set by the Zhongshan Wei owned subsidiaries, which share the parent company's overall resources in production and operation, management, business direction, and so to accept the head office management and guidance. Head office managers sent as general manager of a subsidiary, will be lucky to hold him, "now shares" way to get revenue from the Corporation of shares, he need only pay a small amount of "on price", you can enjoy now Shares in the Corporation completed the assessment indicators, enjoy the year-end bonus.

The Chinese enterprises existing incentives, including economic interests of the incentive (bonus, salary or annual salary, contract Lease Income and equity income), and mental stimulation (post upgrade, awarded the honorary title of honor, to give more participation in production and operation or management opportunities, etc.). In a market economy in China has been in place 16 years later, in the past under the traditional planned economic system, China's printing industry-funded enterprises, the main incentive to encourage the spirit, the effect has not been seen, Received from foreign investment, Private enterprise , Private enterprises within the flexible mechanisms such as the economic interests of the impact of incentive-based incentives. In addition, China's reform and opening-up, rapid economic development, from diverse ideas and concepts of foreign influence in the reform and opening up of China's promising young man growing up, accelerate the pace of modernization and industrialization, housing, prices and other cities Life Costs, and also give great pressure, from today's aspiring to pursue economic interests more incentive for the characteristics of the enterprise.

In our existing stock option incentives, including cash, shares and options. Which means now shares through gift, purchase, and so on to agent holds a certain number of real equity of a business incentive. Its characteristics are: the signing of an agreement or a consensus to agent can be paid at the meeting agreed on the price or other conditions, the reality has a corporate equity only subject to the conditions of the contract or agreement features, the object is no longer entitled to give incentive to buy choice. Zhongshan Wei, general manager of Liu Hongsheng

You said that at present the company has begun to register a new business unit, by the end of February 2008 is expected to register success in March a substantive operation. The newly formed subsidiary, the former Department of Materials, an independent corporation formed, as a subsidiary of the Corporation, the supplier will be there. Subsidiary is entirely their own decisions, self-financing, independent accounting firm, sent by the head office as general manager of the former company executives, who will recruit their own staff, to accept from the Corporation's performance evaluation, "promoted or demoted."

It is understood that the Department of Zhongshan excellent Wei materials created in 2007 had 200 million of operating income, head of the new subsidiary, submitted by the general assessment criteria are: In 2008, annual sales revenue in 2007 based on growth 25%, also the general manager of the subsidiary Salary Composition of "basic salary + commission," he holds stock dividends are also, according to its sales and profits to complete the case may be.

Liu Hongsheng, said: the establishment of a subsidiary, is composed of Zhongshan excellent employee benefits Wei, head of the personnel deployed after a long-term test, of course, will not let him have the opportunity to become the "anti-bone-earners" the future participation of children as chairman Liu Hongsheng the company's shareholders, but not involved in the specific management subsidiary of the parent company will operate in the limited scope of a subsidiary business license, or otherwise the rights and obligations of the subsidiary to be limited.

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