Originally Posted by
Dharma
Bob, let me try to address each of your points:
1. Equity holders are people who own stock, not those that receive profit sharing.
2. Profit Sharing absorbed into pay rates grow at a compounded rate with every future pay raise. Profit Sharing is not compounded by future pay raises. Do you understand the power of compound interest?
2. Profit Sharing exchanged into pay rates can be negotiated away (with the stroke of a pen), whereas Profit Sharing can simply disappear without negotiation. I prefer to have the option of negotiation.
I understand compound interest. I also understand that I am soooo happy we didn't accept TA1. And soooo glad you don't make decisions for the group.