hollywood billionaire

Chapter 71 The Devil of the Record Company
As Han Yi said, in the following week, employee recruitment became his top priority.

The recruitment copy written by Zhao Youzhen is attractive enough, and the salary offered by Han Yi is also the standard of the three major music groups. In addition, in mid-April, it is the tax day. After paying last year’s taxes, many American citizens are looking for higher salaries. and better job opportunities will always be stronger.

In addition, there are less than one or two months before the graduation day of major universities. Seeing that their peers who have prepared in advance have already received job offers, many students will suffer from graduation anxiety and go crazy through various channels. Submit your resume.

After all, if you wait until the summer after graduation to start your move, the competition will be fierce. There are 102 million associate degree recipients, 204 million undergraduate graduates, and 77.3 master graduates, most of whom will flow into the domestic job market.That is to say, every year there are fresh graduates equivalent to 1.2% of the US population joining the ranks of job seekers.

Although the annual unemployment rate has dropped by 0.7%, by the end of 2015, the unemployment rate in the federal territory was still 5%. No one wants to be one of the 790 million unemployed people who are easily overwhelmed.

Under such circumstances, even start-ups, such as Han Music, Han Distribution and Renyu Management, have gained attention that Han Yi did not expect.There are even Twitter accounts and personal blogs dedicated to guiding American graduates' employment, and these three companies have been included in the list of the most noteworthy emerging employers in the spring and summer of 2016.

why?
Take the A&R manager position opened by Han Music as an example, with an annual salary of 65000 to 75000 US dollars, 25 days of PTO, 100% matching the employee's 401(K) plan, and the upper limit is 10% of the employee's annual salary.In other words, Han Music will make a guaranteed payment of 6500-7500 US dollars to the employee's pension account every year.In the federal territory, the average salary of employees in the music industry is $52100, which is equivalent to a monthly salary of $4341.The salary provided by Han Yi is already in the top 20% of the industry standard, and this is only a junior position.

In addition, there is no public health insurance system in the United States, so for every employee, the medical insurance opportunity provided by the company is one of the most valued benefits for them.After all, at the high cost of medical care in the United States, without employer insurance, a single appendicitis is enough to wipe out a cash account.

Under the recommendation of Jordan Bromley, Han Yi chose the Blue Cross Blue Shield Association, which has operations in 50 states, including Washington, DC.Through Blue Cross Blue Shield, Han Yi's three companies will provide employees with medical insurance benefits, basic life insurance, basic accidental death and dismemberment insurance, supplemental life insurance, dental benefits, mental health benefits, disability insurance, and even a free gym membership.

Han Yi, who rented Room 135.94 of Xinghui Building with the full payment of 1000 million, received a series of settlement gifts from JMB Real Estate Group. 20 free one-year reserved parking spaces and 30 24-month memberships to the Equinox fitness club are part of the gift.These were all classified as entry benefits by Han Yi and reserved for new employees.

Other in-company life convenience services, such as unlimited supply of snacks, coffee, tea, soft drinks, pre-tax commuting accounts for tax avoidance, flexible spending accounts, relaxed dress codes and flexible working hours are naturally needless to mention .Although there is still a certain distance from Tinder, EA, NBC Universal, Fandango and other companies with the most lucrative benefits in the Greater Los Angeles area, the newborn Han Music, Han Distribution and Human Resource Management are undoubtedly the best candidates for job seekers in the music industry. Choose one.

Of course, in America in the 2010s, a diverse hiring commitment is something that every company that wants to get a good reputation has to stick to.Zhao Youzhen, who studies political science and is very sensitive to this aspect, has not forgotten to add these promises to the recruitment copy, and Jordan Bromley, who is experienced and has fought many labor lawsuits, will never miss them.

What documents are necessary in this regard?
First of all, the "diversity declaration" must be placed in an important position in the company's articles of association. Then, Jordan Bromley needs to be a lawyer for the three companies to clearly document the equal pay policy.Next, the company must ensure that the composition of the management team also meets the requirements for diverse employment.

More importantly, not only can there be no difference in salary between races, but the salary gap between different genders must also be within 10% - note that non-binary "gender" is also included, such as asexual , intersex, semi-sex, pan-gender, heterosexual... Although California will not officially pass the law in 2019 to recognize the existence of non-binary genders statewide, but as a well-known Democratic Party iron ticket warehouse , the stronghold of liberals, if they want to operate in Los Angeles for a long time and healthy, every big company has to relax the cognitive requirements in terms of gender.

Although I have traveled through... But it seems that I have not traveled far enough.

This is a sentence that Han Yi repeatedly chanted in his mind during the 10-hour "Employer's Unconscious Bias Correction Training" course that Jordan Bromley arranged for him.

Welcome to Hollywood.

No, you of any race, any gender, any cultural background, any orientation, any diet are welcome to Hollywood!
In this increasingly aggressive environment, it is almost impossible to achieve fair recruitment in the true sense. In the 60s, it was unfair to the right, but now it is unfair to the left.However, Han Yi still tries to make the team consist of "capable" people instead of "I'm weak but don't think I can't" on the premise of meeting the most basic diversified needs.

Under the guidance of this policy, the first employee welcomed by the three companies is Karen Guo, the A&R Director of Han Music and an excellent female practitioner recommended by Jeremy Zimmer.

This Asian woman born in Koreatown, Los Angeles, is very compatible with Han Yi, the founder of Han Music, in terms of cultural background and spiritual characteristics, but they are not completely the same.Karen started her A&R career as an intern at Morton Records. A few years later, she was appreciated by the famous producer and music entrepreneur LA Reid for her outstanding work ability, and went to Atlanta to become the A&R of the latter's LaFace label. Divisional Vice President.

But Atlanta is not Los Angeles, much less New York.Even if it can be regarded as a top-ranked metropolis in the United States, people there still cannot avoid some old habits of the Confederate States.Karen Guo, who is always called "Miss Li" and "Ms. Jin" casually when she is out, can't stand this group of southern hillbillies full of stereotypes, and has never regarded Atlanta as her home.So, after negotiating with LA Reid several times, the music tycoon transferred his most trusted deputy back to New York and continued to work for him at Sony's Arista.

In 2004, Sony and BMG merged, and LA Reid also left Arista with a full termination fee due to company restructuring.With his deep connections in the music industry, he didn't need to look for a job at all.Knowing that he was unemployed at home, the offer came like a piece of paper.Soon, LAReid decided on his next destination - Universal Music Group's Island Def Jam Group. In February 2004, LAReid became the chairman and CEO of IDJ, and Karen Guo, as the right-hand man, became the senior vice president of the A&R operation department.

In Island Def Jam, Karen was free to manage an entire A&R department, and her ability and talent really spread throughout the music industry at this time.Mariah Carey, Jennifer Lopez, Big Sean, Frank Ocean, Rihanna and Justin Bieber, the pillars of these IDJs, are all run by her personally in the music and artist image affairs.

Seeing this, you should understand why Jeremy Zimmer was recommended by Karen Guo.Mariah Carey's most trusted acting agent was Marty Bauer, and Jeremy Zimmer happened to be Bauer's most capable assistant at the time.There are only so many people who go around the top of the music industry, and almost everyone knows each other and has some level of business connection.

The successful music careers of the above-mentioned superstars have a very deep relationship with her, especially Rihanna.The song "Umbrella" that made her fly to the sky and won the Grammy Award was precisely chosen by Karen Guo for her.Later, a series of Billboard champion singles that helped her maintain her status as a first-line singer, such as "Only Girl (In the World)", which also won a Grammy Award, were also Karen's creative products.

For Rihanna, who can't create, the A&R experience of Karen Guo is as important to her as reborn parents.

After working in Universal Music for 12 years, the 1000-year-old Karen Guo originally decided to set up his own A&R consulting company to take his career to a higher level as a music entrepreneur.But Jeremy Zimmer's text message, followed by a conference call with Zhao Youzhen, and the final meeting with Han Yi in Room [-] of Xinghui Building made her completely change her mind.

why?
First of all, Jeremy Zimmer, as the head of the four major performing arts agencies, not only flattered Karen, but also made her notice the rich Asian man who bought 1.9% of UTA shares for US$41 million.Next, as a compatriot, Zhao Youzhen communicated with her cordially and enthusiastically in Korean, which gave her a sense of cultural identity and ethnic belonging.In the end, she was surprised to find that Han Yi, the head of Han Music, was an alumnus with her, but she herself had a double major in business and marketing, while Han Yi had a double major in music industry and communication.

Layer after layer of fetters, coupled with the generous salary offered by Han Yi, and the high degree of autonomy promised to her in the A&R sector, she finally made up her mind to contribute her own strength to this rising record company. .

Not only because of the employment agreement of 35 US dollars plus various benefits, which is a full 34% higher than when she was in the Island Def Jam Group, but also because of the vision that Han Yi drew for her about the power of Asian music to occupy Europe and the United States .

"You... need me to help with these plans. Only I can do it."

After seeing Han Yi and Zhao Youzhen's five-year plan, Karen Guo, who has always been aggressive, outspoken, and always swearing, clicked on the name with a thick black mark on the document.

"BTS, I fucking know—sorry, I know better than anyone how to make them get the same sound as Justin Bieber in Europe and America. So does this little baby named Billy."

"Look no further, I am the shit."

As one of the subsidiary conditions of signing with Karen Guo, the entire A&R department of Han Music needs to be led by her.And the first helper Karen brought was the record producer and A&R manager Christopher Stewart, who made Rihanna famous overnight.He is not only the producer of "Umbrella", Beyoncé's "Single Ladies (Put a Ring On It)", Mariah Carey's "Touch My Body", and Justin Bieber's "One Time" and "Baby", he wrote the lyrics and produced the music.

It is naturally impossible for such a big man to restrain him with conventional contracts.Christopher Stewart signed a non-exclusive employment agreement with Han Music, which means that he can still hold A&R positions at other record labels during the contract period.

In addition, there is no doubt that he will definitely not be able to transfer the copyright distribution contract to Han Chuan, firstly because he signed the contract with Han Music as an employee rather than as a music creator or music producer, and secondly because of his The publishing contract is firmly locked in Universal Music Group, and some tracks have also been jointly released with Sony Music Publishing Group.With the contracts of the two major music publishing giants in hand, Christopher Stewart, as a creator, is absolutely inescapable.

However, in any case, being able to lock in a legendary producer/A&R at an annual price of 25 US dollars to provide lyrics and production services for artists who are about to sign with Han Music is already a blessing on top of happiness in Han Yi’s opinion. Good thing.

But that's not all. In less than two days after taking office, Karen Guo vividly demonstrated her terrifying work efficiency and persuasive power to Han Yi.The 26-year-old Ray Romulus and the 35-year-old Abu Thiam signed non-exclusive employment agreements with Han Music.The former is the producer of Bruno Mars, Mariah Carey, Justin Bieber and Kanye West, while the latter is even directly Akon's younger brother, who Kanye West trusts the most Music business consultant.

The price of 22 US dollars and 20 US dollars is not a jaw-dropping figure compared to the professional guidance they can provide artists.

In the end, Karen Guo found two fresh graduates who met her criteria at a price of US$65000 from the resumes that flew like scraps of paper from various sources. As the junior manager of the A&R department, she specially helped her deal with daily trivial matters. Record label and artist management matters.

Pretty blonde Emma Morris, who majored in arts management at Florida State University, and Mia Sue, a passionate redhead not far from Miami University's Frost School of Music with an undergraduate degree in Modern Artist Development and Entrepreneurship Levin.

It's not that Karen Guo is deliberately trying to improve Han Music's gender equality index. In fact, in the media industry, at least from the perspective of the average performance of middle and low-level positions, female employees are always better.

Delicate emotions, sharp thinking, and deep insight into works of art are common advantages in the workplace that many girls enjoy.

35+25+22+20+13, the salary of the A&R department of Han Music Records alone has reached 115 million US dollars per year, and this is just the initial stage.No matter from any point of view, this is a salary level that ordinary entertainment startups cannot match.

In other words, any boss who sees this salary bill when the company has not made any progress will have a heart attack.

Fortunately, Han Yi's situation is different from that of ordinary people, and his troubles are naturally different from those of ordinary people.He doesn't need to worry about whether the remuneration of 115 million US dollars will be transformed into a huge loss on the books. On the one hand, because he has a unique consumption incentive mechanism, the office rent of 135.94 million can be returned to his office intact. In the cash account, what is there to worry about with a mere salary of 115 million?
Another reason is that, with poor advanced information, he does not need the A&R team to help him judge which artist will be successful and which artist is not talented, and he does not need to cast a net to sign hundreds of newcomers and let them give The Law of Nine in the music industry continues to prove itself.

In the case of knowing who can shine in the world in the future, it is enough to equip as professional a team as possible to ensure that they can embark on the road of conquering the music industry step by step.

In terms of team professionalism, Han Music's A&R lineup at the start-up stage, if you use the NFL to describe it, is an All-Star in the Pro Bowl. Find a senior vice president position in a big music group.

Christopher Stewart alone can hold Rihanna in his left hand and Bieber in his right.

So, what about the addition of four bigwigs of the same weight?

How bright can the future superstars handled by them shine?

When top craftsmen meet inferior materials, it is difficult for a clever woman to cook without rice.

When high-quality materials meet stupid beginners, it is a waste of a pearl.

What about top craftsmen encountering high-quality materials?

What kind of match made in heaven will sparks fly?

See you soon.

In the large conference room at the entrance of Room 1000, Han Yi, who held the first meeting of Han Music Records, looked around at the people who were listening to the post-production version of "Ocean Eyes" Serb-Ghana, and thought to himself.

Can the already dazzling stars become a bit more dazzling in his own hands?

(End of this chapter)