当今企业间的竞争，归根结底是人才的竞争，股权激励将股权当作薪酬的一部分，但要明白股权激励不只是分钱！

Today's competition among enterprises, in the final analysis, is the competition of talents. Equity incentive takes equity as a part of salary, but we should understand that equity incentive is not just money!

常听到有人说“财散人聚”，认为股权激励就是分钱的工具，其实不然。股权激励是将公司股权或股权的收益权以某种方式授予企业的核心人员，形成权利和义务相互匹配的所有权、收益权、控制权关系，从而激励员工为公司长期发展服务的一.种制度安排，具有很大的意义。

It is often heard that "wealth is scattered and people are gathered". It is believed that equity incentive is a tool for money sharing, but it is not. Equity incentive is a kind of institutional arrangement that grants the company's equity or the right of return of equity to the core personnel of the enterprise in a certain way to form a relationship of ownership, right of return and control with matching rights and obligations, so as to motivate employees to serve the long-term development of the company. It has great significance.

比如：在企业经营过程中，其所有者与经营者的利益往往是不完全-一致的，所有者更关心企业的长远发展和收益，而企业经营者更注重在任期内自己的业绩和收益。二者之间形成一种委托代理关系，基于代理问题所产生的代理成本包括委托人的监督支出、代理人的保证支出和剩余损失。

For example, in the process of enterprise operation, the interests of the owner and the operator are often not completely consistent. The owner is more concerned about the long-term development and income of the enterprise, while the enterprise operator pays more attention to his own performance and income during his term of office. There is a principal-agent relationship between the two. The agency cost based on the agency problem includes the supervision expenditure of the principal, the guarantee expenditure of the agent and the residual loss.

股权激励使经营者成为股东，代理人变成合伙人，有效弱化了二者之间的矛盾。双方因为股权结成利益的共同体，端正了经营者的心态，缓解了代理问题，有利于减少委托人的监督支出和剩余损失，减少代理成本，促使代理人自觉地发挥自己的才干，减少一切损害企业利益的行为。

Equity incentive makes managers become shareholders and agents become partners, effectively weakening the contradiction between the two. Both parties have formed a community of interests because of their equity, which corrects the mentality of the operators, alleviates the agency problem, helps reduce the supervision expenditure and residual loss of the client, reduces the agency cost, encourages the agent to consciously give play to his ability, and reduces all acts that damage the interests of the enterprise.

又比如：股权激励有利于消除员工的一些短期行为，维持企业战略的整体性和长期性。

Another example: equity incentive is conducive to eliminating some short-term behaviors of employees and maintaining the integrity and long-term nature of enterprise strategy.

传统的激励方式如提成、奖金等，是一种短期收益，在一定程度上会刺激员工的短期行为，不利于企业的长期、稳定发展。而作为一般员工都会有--种“不安全感”的心理，这种心理促使员工为了获得短期利益而实施的一些行为，有时候可能会威胁到企业的长期利益和整体利益。股权激励机制使员工在心理上有了“安全感”，这对企业战略的顺利推行是一种保障。

Traditional incentive methods, such as commission and bonus, are short-term benefits, which will stimulate the short-term behavior of employees to a certain extent, and are not conducive to the long-term and stable development of enterprises. As ordinary employees, they have a "sense of insecurity". This kind of psychology urges employees to carry out some behaviors in order to obtain short-term interests, which may sometimes threaten the long-term interests and overall interests of the enterprise. The equity incentive mechanism makes employees have a sense of security psychologically, which is a guarantee for the smooth implementation of enterprise strategy.

所以，这下明白为什么说股权激励不只是分钱了吧，实际上的意义在这里不一讲明了，您有疑问就来我们网站http://www.guquanzhanlue.com咨询了解吧。

So, now Nini understands why equity incentive is not just about money sharing. The actual meaning is not clear here. If you have any questions, please come to our website http://www.guquanzhanlue.com Consult and understand.