Archive for January, 2009

Honourable Ali, who

Ali, the last of the group in 2009 is wonderful, complex, regret and excitement staggered year. We are lucky in 2008, the economic situation to do ahead of time to judge the crisis, and take a series of measures, even as we, as always, hard work, time and time again to meet the challenges and embrace change, the Group obtained a great success. , Despite many problems and face more challenges, but I am satisfied with our overall results. This year I hit 75 to the Group (which has a decade high of the)

Today, I want to talk about my salary adjustment for the 2010 prize distribution program and some of the views and KPI. .

This time last year despite the financial turmoil is in winter, but we all Ali contrarian who pay in recognition of dedication and hard to achieve outstanding results. This year's annual performance appraisal, management through group discussions, we made the following decision;

1. On the 2009 year-end award;

This year Key words; penalties and rewards. To break the big pot. Break egalitarianism

Bonus is definitely the work of yesterday and the expectations of future work.

This year's bonus program has been introduced, I think everyone will feel that this year bonuses and very different from previous years. This year, we will strictly enforce the 271 system, clear-cut bonus and forfeit. Compared with the past and will in particular highlight the "penalties and rewards," "speed connection" to break the big pot and egalitarianism. Including all levels of the company including both reward will enhance the top20, while bottom10 greater accountability. This is the biggest hard-working colleagues to pay a fair, but also inspire people to challenge all of Ali, a higher goal.

Bonus is not welfare. Bonus is earned through effort. It can not everyone has, can not the same for everyone. It is not part of the wages, but because of your company's performance beyond your expectations (please pay special attention to this)

This year's prize money distribution will be more open and transparent. We will be published online, including the release of all the principles of the company. We hope that every employee can get from their superiors clear message, clear your bonuses so why would more, so why be less!

In addition, in the past year-end awards and the minimum wage are linked, but this year, year-end awards and wages are no longer linked, but by employees of the company's contribution to the distribution, which by their subsidiaries, divisions are each determined by their performance .

2. On the 2010 pay increase and salary adjustment.

We do not pay the so-called best. Alibaba is never the practice of competitors and the industry pay, this will only lead to vicious competition and unhealthy business pattern. Alibaba overall salary level is reasonable and competitive. Apart from a reasonable basis for revenue, we hope that all of Ali, one can bring about equitable sharing of the wealth of the company's growth, we are still incentives policy options, while the subsidiaries have also begun to develop their own equity in the incentive plan.

In today's economic situation, we determine next year's inflation will be inevitable, we are worried that Ali lives of ordinary employees will be affected. All of our group in 2010 to carry out joint development of the first year, we will move all the requirements and expectations higher. Based on the "staff second" principle. This year we decided to continue to pay! This year's pay increase will not small, but we must strictly enforce the 271 system.

The principles of salary increase

Our pay policy will continue to tilt to the general staff, the company executives the opportunity to leave the general staff salary increases. P11, vice president and above all not to participate in staff salary increases, M4, M5, P9, P10 salary only for special circumstances, such as promotion, historical issue, etc.

3. The 2010 KPI.

Alibaba must adhere to high performance culture, to realize the fair and just principles, most of the work we have to energize.

Physical examination when the KPI as indicators. It should not be our goal but rather a symbol of our health and results. . Completed the KPI does not mean all is well, as some indicators of physical health does not mean the same as normal. Of course, we must have some indicators to test our work. . The key is which indicators are necessary, who is so determined

This year our KPI assessment and change some of the mechanical and rigid, even very serious big pot phenomenon is detrimental to the company's development, we must resolutely get rid of! KPI is not the result of the leadership and employees to bargain, but the bottom-up strategy based on the company's understanding and grasp of the business, put forward the most reasonable target, and matching resources, these targets must be reached after, and superior communication consensus. These KPI targets and likely is based on the dynamic internal and external circumstances. At the end of customer satisfaction, we have no more than the industry growth, there is no basis for the future development of culture, this is what we really want.

dreamtarget is our common purpose is to guide the allocation of resources. dreamtarget must be achieved through innovative methods, rather than simply use the existing tools, hard to squeeze the toothpaste. E-commerce is being ushered in the development of blowout, we have super-fast growth, can continue to maintain industry-leading. We have to our mission, vision and dream to fight, not for the complete KPI task. Nor should we strive to reward.

Honourable Ali, I believe the vast majority of my colleagues will support the above principles, but implementation is difficult, even more crucial. I believe that we have excited the implementation process, there will be frustration, there will be painful, tangled and even anger, but perhaps that is growing each of us must be feeling. To create a new commercial civilization, must adapt to the cultural and organizational capacity. We must constantly change and improve themselves!

The new year has begun, the company was to be within a decade "to help 10 million small business development, to provide 100 million jobs, provide services for the billions of consumers," the goal, almost every year will be very difficult, are critical . Many of my colleagues to join Alibaba's first day, I told you that Alibaba does not promise you'll get a promotion rich, but it must promise you will have wronged, have wronged, and today I joined in 2009 6480 new new colleagues say the same , then you are welcome to Alibaba, which is not a simple task, this is a dream, we must pay great effort and expense!

Chinese New Year, and with your family, to have fun, make good money right .... .

Serious life, a happy work!

Ali for me to say hello to the families of loved ones!

Ma

2010. 1.19

The plane