Ok... They haven't reduced their wages at all. All they have done is made half of their salary performance based.
Usually there is an added list of key indicators that need to be met to 'unlock' the rest of their salary. I notice there is no mention of targets to meet.
I would have expected things like:
1) getting mm to market
2) mining something (anything - They keep telling us it's their focus!!)
...Or similar would have been mentioned
Knowing the way these guys roll, I wouldn't be surprised if drinking a cup of coffee everyday was one of their performance indicators.
I will bet my house against a sucked malteser that their performance milestones are easily achievable and that they will still receive their full salaries this year.
All a big PR stunt after being outed to everyone yesterday as the money grabbers they are.
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