多企业主的交谈中，我们常常听到这样的说法：“我们的企业还小，等企业大了，在做‘股权激励’！”

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，企业的股权激励是否真的得等企业大了才做呢？多大的企业算“大”呢？这其实是没有一个衡量标准的，而且企业的“股权激励”并不是看企业的大小来决定的。

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.

事实上，企业实施股权激励，表明企业对目前的公司状况是认可的、对未来的发展是有信心的，看到的是未来业绩的增长及可持续的蓬勃发展，为了留住核心人才，提升企业整体业绩和竞争力。企业业绩处以上升阶段，实施的“股权激励”才是好的、能见成效的。

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.

当企业已经成为上市企业或者准备IPO的时候，那个阶段的“股权激励”就会后很多的因素需要留意和规避的。上市的企业“股权激励”并不能说做就做，需要各类的披露和公告，一个不留神，还会影响到股价；Pre-IPO的企业，在临近IPO的时间段进行“股权激励”，也有可能导致上市的失败。

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.

企业实施股权激励，需要考虑的是企业自身的发展阶段，只要企业属于上升阶段，企业主及激励对象的方向是一致的，激励对象也认可企业的文化、企业的价值观、企业的激励行权价格，留住员工的激励方式就是使用“股权激励”，让他和你一起共进退。

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.

实施“股权激励”重要的一点是要牢记，先把“退出”的方式考虑好，没有退出方式的“股权激励”都是不科学的。

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