Originally Posted by
acl65pilot
As for stock grants. I have talked about this with a few reps. Grants are fine, above an acceptable level of compensation. Granted and vested immediately so that they can be sold the second they are given. Done on a semi annual basis. 20% valuation discount on current share price. Options to vest in 401K on a share by share basis. Would like to see some sort of Roth option as well.
Profit sharing needs to be tripled and paid quarterly.
This idea was floated by a former high level rep.
His point was that Wall Street and the Company would choke on a raise of anything more than 15 % and that we needed to look at alternative means of securing income.
To me it did not make sense as I ran the numbers quickly in my head to close the gap between his 15 and my minimum raise number that is close to double his stated %age. Not a math whizz, but that would be alot of shares at the current 8-9 range being granted.
That would then dilute the outstanding shares once they began issuing more shares to cover their grants. Now Wall Street would really choke.
My suggestion was to substantially boost per diem to lets say $10/$15 hr or so. Non Taxable as it stands now but don't know how the Gov't would like that. You could use a robust per diem and a 15% raise as the published rate and get close to closing the restoration gap.
Ideas anyone?