股權激勵是將公司股權或股權的收益權以某種方式授予企業的中高層管理人員和業務、技術骨干，形成權利和義務相互匹配的所有權、收益權、控制權關系，從而激勵員工為公司長期發展服務的一種制度安排。

Equity incentive is an institutional arrangement that grants the company's equity or the usufruct of equity to the middle and senior managers and business and technical backbone of the enterprise in some way to form a relationship of ownership, usufruct and control with matching rights and obligations, so as to encourage employees to serve the long-term development of the company.

但這樣回答領導經常一頭霧水的反問：“嗯，你說的很專 業，但你能不能講得通俗點？”。

But in this way, the leaders often ask confused questions: "well, what you say is very professional, but can you speak more popularly?".

那就“望文生義”吧，把“股權激勵”四字短語加上主謂賓，就成了“領導拿出股權來激勵員工，讓員工和領導一樣充滿干勁，一起發財”，這就是股權激勵。

Then "meaning by words". Adding the subject, predicate and object to the four word phrase "equity incentive" becomes "leaders take out equity to motivate employees, so that employees can be as motivated as leaders and make money together". This is equity incentive.

“領導拿出股權來激勵員工一起發財”解釋了股權激勵。

"Leaders take out equity to encourage employees to get rich together" explains equity incentive.

首先，股權激勵是領導的行為（或者說企業行為），股權是領導拿出來的，領導愿不愿意很重要；

First of all, equity incentive is the behavior of leaders (or enterprise behavior). Equity is taken out by leaders, and whether leaders are willing or not is very important;

其次，拿出的是股權，股權是什么？股權對應的是企業的所有權、收益權、控制權，所以激勵時你可以考慮將三種權利全部用來激勵，也可以只拿出收益權（這不就是實股模式和虛擬股模式嗎？）；

Secondly, what we take out is equity. What is equity? Equity corresponds to the ownership, earning right and control right of the enterprise, so you can consider using all three rights for incentive, or you can only take out the earning right (isn't this the real share model and the virtual share model?);

然后，做股權激勵的目的是“激勵”，激勵包括吸引優良人才、留住人，讓他和領導一樣努力奮斗，為企業創造價值。

Then, the purpose of equity incentive is "incentive", which includes attracting and retaining excellent talents, making him work as hard as leaders and creating value for the enterprise.

所以，股權激勵并不神秘，它就是一種激勵手段，只不過激勵的標的是股權以及附著在股權上的各種權利。但正是這種標的的不同，讓股權激勵具有特殊的魅力。擁有股權就成為了企業的所有者、跟企業大領導一起發財的小領導了，能參與企業的管理決策；

Therefore, equity incentive is not mysterious. It is an incentive means, but the subject of incentive is equity and various rights attached to equity. However, it is this difference in subject matter that makes equity incentive have special charm. Owning equity becomes the owner of the enterprise and the small leader who makes a fortune with the big leaders of the enterprise, and can participate in the management decision-making of the enterprise;

股權本身也是有價值的，并且這種價值會隨著企業的不斷發展而持續增加，如果企業登陸資本市場，這種價值還會成倍增長，形成“收益權”。

Equity itself is also valuable, and this value will continue to increase with the continuous development of the enterprise. If the enterprise lands in the capital market, this value will increase exponentially to form a "usufruct".