Chapter 660 Talent Training and Retention Plan

Chapter 660 Talent Training and Retention Plan

Chapter 660 Talent Training and Retention Plan

This kind of high-tech team is of great significance to Honor Electronics. It can even be said that it is the foundation for the development of technical teams in Hong Kong in the future. With them as the core, and then slowly cultivating talents, we can build the future of Honor Electronics and Hong Kong's electronics industry.
Just like after the mainland’s reform and opening up in the past, even in such a poor environment, many people were still sent to study at European and American universities at public expense, because education is the foundation of development, whether for a company, region, or country.

After chatting for a while, Xie Jiahao suddenly said, "Mr. Yang, there is one more thing I need to tell you."

"Speak." Yang Wendong could tell from the tone that it didn't seem to be a good thing.

Xie Jiahao said: "In fact, over the years, we have sent nearly 200 high-quality, highly educated technical engineers from Hong Kong to study at Intel. Except for a very few who were not suitable, the rest stayed.
But now there are only about half of them, and the other half have disappeared in the past two years."

"Missing? Do you mean they are illegally in the United States?" Yang Wendong asked back.

Xie Jiahao nodded awkwardly and said, "Yes, they are probably all working illegally in the United States. One of my colleagues once met one of them in Los Angeles. They are all working illegally."

"Are the wages of illegal workers in the United States so high now? Can they be compared with our wages in Hong Kong?" Yang Wendong asked puzzledly.

There is no doubt that wages in the United States are much higher than in Hong Kong. If a person is given the right to choose freely, the probability of choosing the United States will naturally be much greater, even almost 100%. Even for Yang Wendong, if he is allowed to choose where to work, it will definitely be a place with high wages. The United States of this era is still much better than it will be decades later.

But if you are illegally in the United States, it is a different matter. After all, you cannot do normal work and can only find work in some shady places, such as washing dishes, doing hard labor, etc.

After the mainland's reform and opening up in the past, many people, even university professors and athletes, took the opportunity to visit Europe and the United States to stay illegally in the United States. That was because the mainland's economy at that time was so much different from that of the United States. The salary of washing dishes was much higher than that in the mainland, but compared with the salary in Hong Kong, even if it was a little higher, it seemed unnecessary. After all, the living standards were still different.

Wang Zhihao replied at this time: "Mr. Yang, this is because they are waiting for the US amnesty. According to the rules of American society in recent years, there will generally be an amnesty every few years, and some illegal immigrants can also obtain formal US identity. The US president may do this when he takes office or before he steps down.

On the one hand, it is because of the president’s personal political purpose, and on the other hand, considering that American society, like Hong Kong, needs a large number of young laborers, so the right time is to give these people legal status to attract more young people to come to the United States.”

"That's true. It's the same in Hong Kong as well." Yang Wendong nodded.

Unlike the mainland in the past, which was a purely ethnic country, the United States is an immigrant country. As long as there are young people who can come, they will accept them. After all, a large number of young people can provide sufficient economic growth.

The same is true for Hong Kong, but the main source of Hong Kong's manpower is still the mainland, where they share the same ancestry, so the problem is not that big. However, some people from Vietnam became the source of the chaos in Hong Kong in the 1980s and 1990s.

It's just that Yang Wendong can't interfere in such matters. This is also a way for the Hong Kong government to attract foreign population. Otherwise, with an original population of more than one million, the economy would have collapsed long ago. Even many of Yang Wendong's industries in Hong Kong need young people. Even if he intervenes, he cannot target nationality or race. This is a very sensitive topic in today's society.

Wang Zhihao continued, "As long as they wait for the amnesty, these people will have legal status. With their previous experience working at Intel and their own abilities, they won't do too badly in the United States, even if they do well. In this way, their combined income will still exceed that of those who stay in Hong Kong."

For the same job, the income in the United States, a developed country, is definitely much higher than that in Hong Kong.

Yang Wendong asked again: "When we chose to send people to the United States, we should have considered these issues, right? These people also have families and houses in Hong Kong, right?"

Wang Zhihao replied: "Yes, we did consider this at the beginning, but it's useless. Whether it's a family or someone else's house, it's someone else's after all. We actually signed an agreement with them, but these people had already made preparations before they did anything. Once the house in Hong Kong was sold, the family members ran away. We don't know where they are, and they may not even be in Hong Kong. If we really go to look for them, the resources we spend may be more than the compensation we can get."

Xie Jiahao also said: "Yes, once they are pardoned in the United States, their family can follow them. The only way we can do is to sue them in the United States, but the cost of suing in the United States is very high." "It doesn't matter if it's very high. I don't mind this little money." Yang Wendong shook his head and said: "Money is actually a small matter. Time is the most important. If they succeed in escaping like this, they can earn more in the future. If others follow suit, my efforts in the past few years will be wasted, and my future plans will be completely ruined."

That is, he relied on his foresight advantage to invest in Intel, a future technology giant, and after building a good relationship with it, and ensuring that he would not participate in the chip industry, he was able to allow some Hong Kong Chinese to access real technology.
The money spent on these people over the years is a small matter. They will be the foundation of the future of Hong Kong's electronics industry and will also affect Honor Electronics and even the plans to develop the electronics industry in the Chinese region. If they run away for personal gain, they will suffer huge losses and may even have to rely on outsiders for some core technologies in the future.

This is absolutely not allowed. Even if I lose money and let American lawyers get rich, I must make those who wasted the golden opportunity I gave them and betrayed me pay the price.

"Okay, then I will prepare the relevant information. When the US President grants pardon one day, these people will automatically be targeted by lawyers." Xie Jiahao got the boss's promise and knew what to do.

Yang Wendong nodded and said, "Okay. In addition, employees who come to the United States to study well and have strong abilities can receive a salary increase. As long as their level is high enough, their income will not be lower than their counterparts in the United States even in Hong Kong in the future."

Really capable people will earn top-level incomes wherever they work. The income of this group has nothing to do with the average wage in their country. It is not like ordinary people. The same job of screwdrivers may differ several times in Asia and Europe. However, top CEOs earn similar amounts because they are highly mobile.

Although these people who come to Intel are trained by themselves, as long as they have the ability, they should have a high income.

"Okay, I'll re-draft the personnel salary." After Wang Zhihao agreed, he said, "Mr. Yang, there is still a problem. Even if we give these people enough salary, when they go back and train the next batch of people, we still have to set the income according to the social class in Hong Kong.

What I am worried about is whether the people we have worked so hard to train will be poached by other peers. After all, there are many electronic industries in Hong Kong nowadays. In addition, if overseas electronic companies poach our skilled people, it is also something that is difficult to avoid, especially in our game industry. Once we make achievements, we are likely to encounter such a thing. "

"It's as expected. Just sign the appropriate training fee." Yang Wendong said indifferently: "I care about the people in the early stage. In fact, as long as Hong Kong has a sufficient foundation after a period of time, it doesn't matter if they are poached again;

And we can't stop employees from looking for better places. If other companies are willing to spend more than us to poach people, it means that they are also talented people. As the largest industry leader, it is normal to encounter such things. Everything is fine as long as it is legal. "

Yang Wendong didn't care as long as he wasn't being targeted for fleecing. Employees in different companies were free to do exercises and no one had the right to interfere. What he cared about was that he spent a lot of money to send people to the United States, but in the end these people stayed in the United States for a little bit of profit, which seriously interfered with his core development plan.
After a few years, when my team in Hong Kong has matured, everything will be based on market principles. If more people are poached, it means that the salary paid by my group is not enough, so the salary should be increased. This itself is also part of the invisible hand of the market.

Wang Zhiqun said: "Okay, I understand."

"But since we are talking about this topic, we need to have a special training plan for electronic talents in the future." Yang Wendong thought for a while and said, "The market is indeed free, but I still don't want too much circulation, so we should try to formulate a plan specifically for high-tech talents and scarce talents;
We need to retain most of the people before they are poached, and not wait until problems arise that affect the company's development plans before making up for it. I will have many plans for the electronics industry in the future. Hong Kong itself is extremely short of talent, so we need to prepare early in this regard."

Even if the prophetic advantage of the time traveler is strong, it will not work without talent when it comes to technology;

Just like cars, even if you know that turbocharging is the main trend in the future, this information is basically useless to ordinary time travelers. If you want to take advantage of this, you have to spend a huge price to find relevant talents and then devote yourself to research and development.
Of course, Yang Wendong has no idea about the automotive industry for the time being. This industry is too special. Right now, he only needs to do well in the electronics industry. If the emerging electronics industry develops well, the profits will be so high that he can even participate in the automotive industry in reverse.

But the prerequisite is to have enough talents, otherwise no matter how good the plan is, it will be useless.

Wang Zhiqun quickly said, "Yes, Mr. Yang, I will set up a special department to be responsible for this matter. The training and retention of talents will be one of the core goals of Honor Electronics in the future."

"Well, it's not just your company, it's the same for others, but Hong Kong is too short of talent in the electronics industry, so your side is particularly important." Yang Wendong nodded and said, "But don't worry too much, we will also set up branches or research divisions in Europe and the United States, so as to avoid the risk of relying entirely on Hong Kong."

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(End of this chapter)