Early the next morning, Xia Yu arrived at the company and began his busy day.
By around 9:30 a.m., the receptionist, Li Qian, came in to inform Xia Yu that a person named Yan Wenhan had arrived for the interview. Xia Yu quickly asked Li Qian to bring him in.
As Xia Yu looked at the middle-aged man sitting across from him, he nodded slightly, feeling his impression of Yan Wenhan improve even more.
Yan Wenhan was dressed in a formal suit, wearing a pair of gold-rimmed glasses. He appeared refined, yet exuded a confident aura. His smile gave a warm and pleasant feeling, which made Xia Yu quite satisfied.
However, Xia Yu wasn't looking for a male model but a capable vice president, so ability was the key focus. Thus, Xia Yu began the interview process.
"Mr. Yan…"
...
After a series of questions and answers, no matter what Xia Yu asked, Yan Wenhan was able to give at least a general answer. When it came to questions about finance and media knowledge, Yan Wenhan's responses were particularly incisive, making Xia Yu very satisfied. He was indeed a person of real capability, matching the resume perfectly.
At the end of the interview, Xia Yu glanced at the resume, hesitated for a moment, and then asked, "Mr. Yan, may I ask why you left the Financial Times and returned to Hong Kong?"
Yan Wenhan couldn't help but smile as he replied, "There's nothing to hide. My wife is pregnant, but due to her health issues, she couldn't tolerate the climate in London. So, I resigned and came back for her."
When talking about his wife, Yan Wenhan unconsciously showed a look of happiness.
"Congratulations, Mr. Yan!" Xia Yu also smiled and congratulated him. He was even more satisfied with Yan Wenhan, as this showed he was a family-oriented person who could accommodate his wife. Xia Yu appreciated such a person who valued relationships and loyalty.
"Thank you!" Yan Wenhan smiled and nodded in thanks.
"Well then, let's discuss your salary and responsibilities. Do you have any requirements?" Xia Yu asked again.
Upon hearing Xia Yu's question, which concerned his interests, Yan Wenhan straightened up and said, "Regarding salary, I hope for an annual salary of no less than 50,000 Hong Kong dollars. Other than that, I have no other requirements."
Xia Yu was a bit surprised by Yan Wenhan's request, not because it was high, but because it was too low.
An annual salary of 50,000 Hong Kong dollars, even without including a year-end bonus, would mean a monthly salary of just over 4,000 Hong Kong dollars. Although this is more than ten times the average worker's wage, Yan Wenhan's position was a managerial one, and as the second-in-command at "Jiu Ding Daily," this salary seemed low.
Moreover, 50,000 Hong Kong dollars, when converted to British pounds, would be less than Yan Wenhan's salary at the Financial Times, given that Hong Kong's economic level is lower than London's.
Additionally, Xia Yu knew that the deputy editor-in-chief of other newspapers, such as the deputy editor-in-chief of the "Sing Tao Daily," had an annual salary of 60,000 Hong Kong dollars, which was 10,000 more than Yan Wenhan's proposed salary.
However, "Jiu Ding Daily" had sales more than 100,000 higher than "Sing Tao Daily."
Based on Hong Kong's actual situation, Yan Wenhan's salary request was indeed practical, showing that he knew how to advance and retreat without being greedy. This was another positive impression Xia Yu had of him.
However, Xia Yu couldn't really offer Yan Wenhan a salary of just 50,000 Hong Kong dollars. "Jiu Ding Daily" couldn't afford to lose him, and such a salary might make Xia Yu appear stingy to those unaware.
Furthermore, Yan Wenhan was a talented individual. To secure him and ensure he remained loyal, Xia Yu would definitely offer a high compensation to prevent him from switching jobs in the future.
"Mr. Yan, your request is too low," Xia Yu said with a smile as he looked at Yan Wenhan.
Yan Wenhan raised an eyebrow, unable to resist adjusting his glasses, and smiled. He hadn't expected Xia Yu to say this, which greatly improved his impression of Xia Yu.
He had been back in Hong Kong for over a month, spending time at home with his wife. However, he still instinctively followed developments in the media industry, so he paid special attention to the rising "Jiu Ding Daily" and knew that the owner was a talented young man.
As someone who had studied finance, Yan Wenhan had followed Xia Yu's articles in "Jiu Ding Daily" closely. He believed that his financial expertise was not as strong as Xia Yu's, so despite never having met Xia Yu before, he admired him deeply.
Thus, when "Jiu Ding Daily" announced the recruitment, Yan Wenhan was quick to apply after some consideration.
He hadn't expected that this young boss would not only be outstanding in capability but also seem very generous.
"Here's the deal: your base salary will remain at 50,000, but I will give you a 1% share of the profit," Xia Yu said, holding up one finger and looking at Yan Wenhan's reaction.
As Xia Yu expected, Yan Wenhan's eyes widened slightly. After realizing Xia Yu was serious, he showed a satisfied smile and repeatedly said, "Thank you for your generosity. I am very pleased with this offer."
A 1% profit share, based on the current advertising revenue of "Jiu Ding Daily," would mean over 12 million Hong Kong dollars in annual revenue, and 1% would be 120,000 dollars. With additional income from newspaper sales and the 50,000-dollar salary, he would earn around 200,000 dollars a year, which was four times his requested amount. This was beyond his expectations.
He hadn't anticipated Xia Yu being so generous and valuing him so highly!
At this moment, Xia Yu's impression in Yan Wenhan's mind skyrocketed, and a sense of loyalty and dedication to someone who appreciates him emerged.
Seeing Yan Wenhan's reaction, Xia Yu was pleased with the outcome.
Although it cost an additional 150,000 Hong Kong dollars, Xia Yu did not consider it a waste. In his view, Yan Wenhan was worth the compensation, and his capabilities had earned his recognition.
The extra 150,000 dollars would ensure that Yan Wenhan would be more dedicated to his work, which would undoubtedly generate more benefits for Xia Yu.
If Xia Yu believed Yan Wenhan could not help create more value, he wouldn't offer such a high compensation. Xia Yu was not a benefactor and would not do such a thing.
Moreover, even if Yan Wenhan disappointed him later, the 1% profit share was not equity. Yan Wenhan couldn't take it with him and could only receive the profit share while employed. If he wanted more, he would have to work hard to help "Jiu Ding Daily" grow.
Xia Yu had essentially laid out a tempting prospect for Yan Wenhan, pushing him to work harder.
"Alright, welcome to Jiu Ding Media!" Xia Yu stood up and extended his hand to Yan Wenhan.
Yan Wenhan quickly stood up, shook Xia Yu's hand, and bowed slightly, saying, "Thank you, boss!"
Seeing Yan Wenhan's natural change in attitude, Xia Yu nodded in satisfaction and said, "Although you are the vice president, you have the right to understand all company matters. For some minor issues, you can handle them directly without consulting me. I also hope you will quickly get up to speed and take over responsibilities from me."
"Sure, boss, don't worry!" Yan Wenhan said confidently.
"Hmm, I trust you. Let's go, I'll introduce you to the other people in the company…" Xia Yu said, leading Yan Wenhan outside.