I'm back in 1990

Chapter 803: Shocking Salary

Meanwhile, the Yu family was filled with laughter and joy as Yu Qiliang and his wife and daughters were telling each other about his employment with Huaxin.

"I really didn't expect that Mr. Zhang from Huaxin would personally interview me and even call me personally. That was incredibly fast."

Wang Lan, however, was concerned about the salary. She asked with concern, "Qiliang, did Huaxin say how much salary they're offering you?"

The two daughters also care about this issue.

Especially the eldest daughter, Yu Qiaozhi: "Yes, Dad! You earn 1.6 million Taiwanese dollars a year in Taiwan, plus all sorts of bonuses. I wonder how much they'll give you here!"

Yu Qiliang pushed up his glasses: "How could I possibly discuss something like this over the phone! President Zhang wants me to come to the company tomorrow morning to discuss the salary and benefits in detail. I think even if it's not more than UMC's, it won't be too much different!"

He then happily added, "At least we don't have to live apart anymore, no matter what."

Wang Lan was naturally very happy. It would be even better if the salary and benefits were more generous when they were discussed tomorrow.

The next morning, Yu Qiliang arrived at Huaxin Company in Zhangjiang as agreed. Instead of the HR specialist from the previous day, he was greeted by Zhang Gaolei's secretary, who personally greeted him downstairs and led him to Zhang Gaolei's office.

Zhang Gaolei's attitude was noticeably more enthusiastic than yesterday. Upon seeing Yu Qiliang, he personally stood up and warmly shook hands with him: "Welcome, welcome! Mr. Yu, please have a seat!"

After a brief exchange of pleasantries, Zhang Gaolei got straight to the point, handing Yu Qiliang a prepared compensation package and saying, "Mr. Yu, we warmly welcome you to the company. To show how much Huaxin values ​​you, we have prepared a salary, bonus, and equity incentive plan specifically for you. You can take a look at it first, and if there is anything you don't like, please feel free to let us know."

Yu Qiliang took the document from Zhang Gaolei and began to read it. It concerned his income and future livelihood, so Yu Qiliang read it very carefully.

When he saw the contents of the document, he was extremely surprised.

The treatment Huaxin gave him was not only far higher than the salary he received from UMC during his time at UMC in Taiwan, but it was even comparable to the treatment of UMC's chief engineer.

Especially the equity incentive plan, which UMC doesn't offer.

This treatment is simply too generous; Yu Qiliang was somewhat incredulous: "President Zhang, this..."

Zhang Gaolei, of course, understood Yu Qiliang's meaning. He smiled and explained to Yu Qiliang, "Mr. Yu, you are worth this price. The treatment we are giving you is the result of comprehensive consideration. Because you have been immersed in the semiconductor industry for many years and have rich experience, you are the kind of talent we need most. Moreover, to be honest, I am doing this with the intention of attracting more talent to join Huaxin in the future."

Zhang Gaolei paused here, then changed the subject, his tone becoming more serious than before: "Mr. Yu, you know, we still need to go through this due diligence process, and we need your cooperation as well, which will save both of us time."

Yu Qiliang nodded understandingly: "Mr. Zhang, I understand the rules, please rest assured. I have detailed supporting documents here to prove that there is no non-compete agreement between me and UMC."

As Yu Qiliang spoke, he took out several documents from his briefcase and handed them to Zhang Gaolei. Zhang Gaolei took them and looked at them. These documents were Yu Qiliang's resignation certificate from UMC and an agreement proving that he had no conflict of interest with UMC.

After reviewing the documents, Zhang Gaolei casually handed them to the HR director who was standing behind him. The HR director carefully read through them before nodding to Zhang Gaolei.

Zhang Gaolei stood up, buttoned up his suit jacket, and then extended his hand to Yu Qiliang: "Mr. Yu, welcome to Huaxin!"

That evening, in the newly rented lane house where Yu Qiliang's family lived, the whole family congratulated Yu Qiliang on his successful job at Huaxin.

After a few drinks, a slightly tipsy Yu Qiliang remarked with great emotion: "I really didn't expect this! I didn't expect to be signed by Huaxin so quickly."

He paused for a moment, then said, "It feels like a dream. I never expected Huaxin to treat me so well."

After saying that, he refilled his own glass.

Wang Lan advised from the side, "That's fine tonight! Just drink a little less!"

Yu Qiliang was getting annoyed by Wang Lan's nagging: "Ugh! I'm happy today, so just leave me alone, okay?"

"Alright, alright, I won't bother with you anymore, okay?" Wang Lan smiled and placed a piece of smoked fish in front of Yu Qiliang.

The eldest daughter, Yu Qiaozhi, was still in shock: "One million seven hundred thousand! That's equivalent to eight million Taiwanese dollars, and there's also a housing subsidy. Doesn't that mean the rent for the house we live in now will be completely covered?"

The youngest daughter, Yu Yazhi, added, "More than that! Dad's housing allowance is enough to rent two houses like this. It seems our family's plan to buy a house here can be brought forward."

At this moment, Yu Qiliang also discussed with Wang Lan, "If you have time, go and take a look at the house! If we buy the house, Huaxin will also provide us with an interest-free loan equivalent to 70% of the house value, which I will repay with my future dividends and bonuses from Huaxin. I calculated that apart from the down payment, we don't need to pay any more money."

It was the end of 2006, and the average house price in Shanghai was around 10,000 yuan per square meter. However, the house prices in some of the more desirable areas were much higher than the average house price in Shanghai. For example, in the XH district where Yu Qiliang's family rented a house, the average price was around 18,000 yuan per square meter. However, depending on the location and the age of the house, the price of high-end new houses in Xuhui was about 20,000 to 28,000 yuan per square meter.

In other words, based on the annual salary Huaxin provides to Yu Qiliang, buying a 200-square-meter house would be very easy for him, and Huaxin would also provide a 70% interest-free loan.

Wang Lan nodded: "If that's the case, then buying a house is more cost-effective than renting. However, I quite like the house we live in now. I wonder if the landlord is willing to sell. If they are, we can just buy it!"

"Mom, you can forget about this house." Yu Yazhi, the youngest daughter who is an architect, poured cold water on Wang Lan's hopes.

"Is this house very expensive?" Wang Lan didn't know much about the old villas in Shanghai.

"Of course! The house we live in now was built in 1931. It is located in the historical architectural district of Shanghai, so it is rare and valuable. The houses here are naturally much more expensive than ordinary houses. Otherwise, the landlord would not charge you more than 10,000 yuan in rent."

The rent for the house was far beyond the family's budget, but Wang Lan and her two daughters really liked the house. It was newly renovated with a unique style and fully furnished with all the necessary appliances. That's why Wang Lan gritted her teeth and rented it.

At this point, Yu Yazhi brought up the old man's villa again.

"Mom and Dad, do you know how much the detached villa with a garden that Uncle lives in is worth? When I was shopping today, I happened to pass by a high-end real estate agency and looked at some pictures they had displayed. Houses similar to the one Uncle lives in start at tens of millions and are very rare. I even asked the staff there, and they said it's almost impossible to find a suitable one."

Wang Lan gasped. She really hadn't expected that the house her uncle Wang Deyi lived in would be so expensive. But then she understood. The house belonged to her uncle's student, Huang Xiaochuan. With his wealth, such a house was naturally within his reach.