On Dec 18, 2007 8:36 AM, Rick Schummer <[EMAIL PROTECTED]>
wrote:

> >> how much money are you going to save them for the next year? Take that
> amount, multiply by 0.3 -
> make that your yearly performance bonus.<<
>
> I once lost an employee over speculative income and profits, and never
> regretted my position on
> this. The reason is simple - it is speculative. Until income is realized
> it is vapor. Until
> performance is realized it is vapor. I pay only for results. If employees
> want this kind of reward,
> then they have to be willing to take additional risk as the owners do
> every day and put their
> families on the line. Until they are willing to do this, they get rewarded
> with a great overall
> compensation package that is fair to both sides.
>

-------------------------------------------------------------------------------------

So you work for the bonus.   I have seen that a few times and it it pretty
sweet when it is a great year.

Remember that Risk is a two way street.


-- 
Stephen Russell
Sr. Production Systems Programmer
Mimeo.com
Memphis TN

901.246-0159


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