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Re: bonuses

By: tkc in ALEA | Recommend this post (0)
Fri, 15 Mar 13 2:10 AM | 80 view(s)
Boardmark this board | The Trust Matrix 		Msg. 12874 of 54959
(This msg. is a reply to 12872 by Cactus Flower)
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As you know CF, that would require BoD action. 1st from the compensation comm. and then the entire BoD to change the "guaranteed" bonuses and to establish bonus proformence goals. That ain't gonna happen w/o first changing the BoD. Good thoughts though but we're talking about Wave.


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The above is a reply to the following message:
bonuses
By: Cactus Flower in ALEA
Thu, 14 Mar 13 11:54 PM 		Msg. 12872 of 54959

hi dig,

for myself, i think senior management bonuses should be paid if the company meets the revenue and profit targets it lays out for shareholders.

that solves three problems at once.

1. they will be forced to publish achievable goals.

2. if the goals are unambitious, shareholders can vote to fire the managers.

3. if they fail to achieve the goals, they don't get treated as if they have.

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