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要想成功实施股权激励需要注意哪些问题?

发布时间:2024-01-09 来源:http://www.daoshangbao.com/

选择合适的股权激励模式。股权激励可选择的模式有很多,常见的如股票期权、虚拟股票、业绩单位、股票增值权、限制性股票等等,企业应该根据自身情况来选择适合自己企业的激励模式。

Choose the appropriate equity incentive model. There are many options for equity incentives, such as stock options, virtual stocks, performance units, stock appreciation rights, restricted stocks, etc. Enterprises should choose the appropriate incentive model based on their own situation.

以科技型企业来说:人才就是企业宝贵的财富和持续发展的生命力,因此,企业老板大的愿望就是留住核心人才。在这种情况下,老板应该选择让核心人才成为股东,核心员工有归属感,把企业当作自己的,和企业一起长期发展,从治理层面上改善企业的管理模式和决策方式。这时选择限制性股票(指企业按照预先确定的条件授予激励对象一定数量的本企业股票)是比较恰当的。

For technology-based enterprises, talent is the precious wealth and sustainable vitality of the enterprise. Therefore, the big wish of business owners is to retain core talents. In this situation, the boss should choose to have core talents become shareholders, core employees have a sense of belonging, treat the enterprise as their own, and work with the enterprise for long-term development, improving the management mode and decision-making methods of the enterprise from a governance perspective. At this point, it is more appropriate to choose restricted stocks (referring to the company granting a certain number of its own stocks to incentive recipients according to predetermined conditions).

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注重动态股权激励的运行。如果企业实施的是动态股权激励,企业根据员工当年的业绩贡献为其安排相应数量的激励性资本回报。业绩好的就多获得激励性资本回报,而业绩差的就少获得或者不获得激励性资本回报。这样员工每年除工资奖金等劳动回报外,还能获得属于员工人力资本的资本性回报。股权定价要合理,通常情况下,企业员工股权转让都是以净资产来作价的,以人才和智力密集的科技型企业为例,固定资产虽少但盈利能力强。

Pay attention to the operation of dynamic equity incentives. If a company implements dynamic equity incentives, the company arranges a corresponding amount of incentive capital return for employees based on their annual performance contributions. Those with good performance receive more incentive capital returns, while those with poor performance receive less or no incentive capital returns. In addition to labor returns such as salary and bonuses, employees can also receive capital returns that belong to their human capital each year. Equity pricing should be reasonable. Generally, the transfer of employee equity in enterprises is priced based on net assets. Taking talent and intelligence intensive technology-based enterprises as examples, although fixed assets are small, profitability is strong.

因此,对这类以高科技为主的企业应以盈利能力来衡量股票的价格。比如以每股净资产为基础,参考同类上市企业的市盈率,以此来确定企业的股价。

Therefore, for such high-tech enterprises, the stock price should be measured by profitability. For example, based on net assets per share and referring to the P/E ratio of similar listed companies, the stock price of the company can be determined.

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