CDU 0.00% 23.5¢ cudeco limited

kid genius???, page-33

  1. 433 Posts.
    Regarding payment to directors and management, this is my opinion regarding all companies.

    Pay real good money when profits flow but keep it to a minimum to help the company grow.

    My experience has been, there is plenty of brains out there willing to accept a lower income developing a company but expect to be very well rewarded when there are good profits.

    Also,don't lose sight of this..salaries and other remuneration paid at the beginning of a development set the platform for future payments. As an example... if a person is paid say $300000 per year when a company is at the beginning of its life and unprofitable it would not be out of the question for that person to be paid $750000 plus when good profits flow. Lets say a person at the development stage of a company receives one million dollars...later...is $3to4 million plus out of the question? It has always been the one that pulls the strings
    usually wins.

    cipher.

 
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