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14/03/19
12:45
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Originally posted by observing:
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Selfish well yes of course we all are to a degree as a default, like in the plane they tell ya to look after yourself first because what use are you if you don't - obvious. Another way is the top dog without a thought for the lesser pooch - because e can. Round here it's pretty much sold as I see it. Question being how does one accept such a high pay, with opportunity to alter, and just keep on keeping on? Top down it seems with company policy/remunerations considered is the culture. What motivates such culture? Exhibit 1 - little to no real value tied up in the company - shareholdings. Exhibit 2 - high salary(s) guaranteed with endemnity insurance & conditionally contracted. This is self preservation & has not much to do with company policy as I see it. For mine Troy needs a major overhaul in order to change the culture & it may be right at the doorstep anyway. Doesn't necessarily need to get rid or lose people or any particular person but the behaviour is oUtRaGeOuSsSs. Shareholders have practically funded the whole Karouni experience & continue to with the culture at the top accepting it as status quo material. They are falling behind the times with quality that's for sure. It does happen with other companies, I mean who wouldn't reduce funds extraction in difficult times. The thought process is up there with prudence, expectation & sustainability. Is it not prudent to reduce base salaries in difficult times? Is it not a representation of reasonable character based on sustainable modelling? Where's your head at? Where's your head at? Gold
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Goodness me.That was in plain English. What's wrong with you Observing. It would be nice to see high paid staff take a pay cut and perhaps be issued shares instead of cash while things are so tight. Show some faith in the company,but I guess it won't happen. To us mere mortals it seems some are getting pretty high wages for a company that has been making "large " losses for years now. Reward for performance.