Originally Posted by
ERflyer
Huh?
That's not trading 1:1 and your math is wrong.
If we trade 10% profit sharing (of 20% PS) for a 10% raise then: $100,000 + $10,000 = $110,000 + $11,000 = $121,000.
$110,000 with 10% profit sharing is $121,000. Which is $1,000 more than just 20% profit sharing on $100,000. So trading profit sharing 1:1 for pay rates you get more.
And the rumor is trading 5.75%. If true I am for it.
I would agree with your logic if we were monetizing in addition to an annual pay raise, However it ends up nullifying it. Lets monetize after section 6.