多企業主的交談中，我們常常聽到這樣的說法：“我們的企業還小，等企業大了，在做‘股權激勵’！”

In the conversation of many business owners, we often hear such a saying: "our enterprise is still small. When the enterprise is big, we are doing 'equity incentive'!"

那么，企業的股權激勵是否真的得等企業大了才做呢？多大的企業算“大”呢？這其實是沒有一個衡量標準的，而且企業的“股權激勵”并不是看企業的大小來決定的。

So, does the equity incentive really have to wait until the enterprise is big? How big is the enterprise? In fact, there is no standard to measure this, and the "equity incentive" of enterprises does not depend on the size of enterprises.

事實上，企業實施股權激勵，表明企業對目前的公司狀況是認可的、對未來的發展是有信心的，看到的是未來業績的增長及可持續的蓬勃發展，為了留住核心人才，提升企業整體業績和競爭力。企業業績處以上升階段，實施的“股權激勵”才是好的、能見成效的。

In fact, the implementation of equity incentive shows that the enterprise is recognized by the current company status and confident in the future development. What we see is the growth of future performance and sustainable vigorous development. In order to retain core talents and improve the overall performance and competitiveness of the enterprise. When the performance of an enterprise is in the rising stage, the implementation of "equity incentive" is good and effective.

當企業已經成為上市企業或者準備IPO的時候，那個階段的“股權激勵”就會后很多的因素需要留意和規避的。上市的企業“股權激勵”并不能說做就做，需要各類的披露和公告，一個不留神，還會影響到股價；Pre-IPO的企業，在臨近IPO的時間段進行“股權激勵”，也有可能導致上市的失敗。

When an enterprise has become a listed enterprise or is preparing for IPO, many factors need to be paid attention to and avoided in that stage of "equity incentive". The "equity incentive" of listed enterprises can't be done just by saying. It needs all kinds of disclosure and announcement. If one doesn't pay attention, it will also affect the stock price. For pre IPO enterprises, the "equity incentive" in the period near IPO may also lead to the failure of listing.

企業實施股權激勵，需要考慮的是企業自身的發展階段，只要企業屬于上升階段，企業主及激勵對象的方向是一致的，激勵對象也認可企業的文化、企業的價值觀、企業的激勵行權價格，留住員工的激勵方式就是使用“股權激勵”，讓他和你一起共進退。

The enterprise should consider the development stage of the enterprise itself. As long as the enterprise is in the rising stage, the direction of the owner and the incentive object is the same. The incentive object also recognizes the culture, the values of the enterprise, the price of the enterprise's incentive and exercise, and the incentive method to retain the staff is to use the "equity incentive" to let him and you go in and out together.

實施“股權激勵”重要的一點是要牢記，先把“退出”的方式考慮好，沒有退出方式的“股權激勵”都是不科學的。

It is important to keep in mind that "equity incentive" is not a good way to implement.