GARP, are you a business owner? It's brutal out there right now trying to keep anyone with experience and expertise on your payroll from being poached by your competitors. Attrition in my ecosystem is 20%, which is better than the industry average of 30%. We offer equity performance incentives as a way to keep the people that are critical for the business to function. I would like to think that gives us a differentiator against my competitors. It's far cheaper to do it this way versus paying them cash.
Now, I am on the fence for the increase to 70M as well, though its really 40,000,000 shares more. I wonder how they came up with that number. I would be more inclined if they put a stipulation in there that it does not apply to current Director Level employees that already have incentive Performance Rights in place.
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GARP, are you a business owner? It's brutal out there right now...
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