RE: Two Types of Poverty2 Jul 2020 12:13
Good morning,
Trust this finds you all well.
I like the idea of performance related pay and as someone who often worked harder than my colleagues and had greater output it used to cause me some chagrin that we were paid the same.
When it comes to our execs pay I would welcome performance related enhancement but I wonder just how do we define their performance?
To link it to the SP doesn't work as the market decides that and it is not influenced by how well or hard the execs perform. We are currently a profit making company (having recovered from the 2019 upheaval/expenses/redirection) and the strategy the board are using seems to me to be the right one.
The board just made a shrewd investment in the Z machines and appear to have negotiated a good deal. Should we give them a bonus or just expect that's them doing their job (that we pay them for)?
The board don't/can't influence the price of BTC or ZCash.
I feel everyone's pain re the SP, I am looking at an 18% paper loss on my investment here but when the predicted BTC run to 20k happens I'm very confident I'll be looking at 180% profit.
Just my thoughts on the topic...
Health, Happiness and Wealth to you all, (whether you are in a private group or not!)
Torham