~54th Baked Rice with Cheese Crapbox~
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HOLY CRAP SHIT!!!Originally posted by Mospeada:
THEY ARE REALLY ADVANCING FAST!
here is our stategy, each wait for an interval of 30sec and post a BUMP at our content, how do u think?
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not just that...Originally posted by ^tamago^:got 2 mos burgers talking to each other...
got one japnese omelette sandwhich inbetween -
I willl cut you!!
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You want to eat us?? eat our semen?Originally posted by ^tamago^:got 2 mos burgers talking to each other... -
well...i am not too sure...Originally posted by MosPyramid:HOLY CRAP SHIT!!!
THEY ARE REALLY ADVANCING FAST!
here is our stategy, each wait for an interval of 30sec and post a BUMP at our content, how do u think? -
Executive pay – too much or too little?
By Mark Bussin who can be contacted at [email protected]
; www.21century.co.za
1. The issues
Generally executive pay in SA is linked to performance and our governance is on par with international standards. The international trend of linking more of executive pay to performance is a good principle. Our executive bonus percentages are not out of line with international standards. The exceptions are rare and a "few swallows do not make a summer". Once formulae have been agreed with executives, one should honour them, even if in a few years time. Reneging on the payment because it seems too much is breaking the contract.
Decisions taken at the time are normally based on market forces, and even though the hunt for the next Enron is an international sport – agreements are agreements. For example, in year 1 of Coleman Andrews’ SAA contract the formula for his bonus was agreed upfront. The formula was in line with best practice and attractive enough to attract a person of this calibre into the job. A few years later, when it came to doing the calculations on the agreed formal the bonus payout had to be honoured, relative to the initial agreement, which was in excess of R250 million. A lesson that could be learnt from this is that a good and well-designed incentive scheme should also cover some principles on how the targets are to be met.
There have been other examples in industry where big bonuses are paid not due to productivity or good business but because of exchange rate and currency fluctuations. Most well designed schemes out in some provisos regarding this and it has become increasingly popular to include provisos on the companyÂ’s values as well e.g. honesty, integrity, etc.
Market forces play a dominant role in remuneration decision-making and staying competitive is a crucial retention factor. SA executives are "low hanging fruit" for international headhunters because of their good general management skills and the perception that they are hard working. Quite a number of South African organisations have listed overseas on overseas stock exchanges, especially the London Stock Exchange. The top echelons of those organisations have quite correctly benchmarked their salaries with their European counterparts. The effect of that quite often is that it increases the pay gap between the most senior South African executives and the South African expatriate executives by sometimes up to 5 times. In some organisations this creates envy or tension.
Against this backdrop, we need to maintain reasonable pay ratios between the highest paid and lowest paid worker. We are in line with international norms in this regard and need to maintain this.
Our remuneration committees are generally very effective and do a good job. We generally exceed international norms in the governance arena, and our committees can be commended for this.
The visible links to the value add and wealth generation needs to be clear when awarding large bonuses. Few analysts have a problem with large payouts when it is commensurate with performance. In the USA the reporting covers the mechanics of the bonus schemes. We are in the fledgling stages of transparency and reporting, and with time we should move to this level of reporting.
Retaining our top executives in a skills shortage environment means aggressive incentive schemes to reward top performance in a complex environment. With a strong link to organisation performance, these schemes should be encouraged.
2. Guidelines useful in scheme design
# Bonus schemes will focus on the achievement of specific short-term objectives and will be contracted at the commencement of the remuneration period. The scheme/s must drive the business strategy and objectives of the organisation. Therefore the companyÂ’s bottom line performance in terms of profit and return on assets are of paramount importance.
# Bonus schemes must support company as well as divisional objectives. Whilst the performance criteria and measures will reflect this, individual performance will also be rewarded.
# Bonus schemes must motivate employees to achieve set objectives. To maximise incentivisation, communication with participants on progress relative to set targets must be regular and target setting must be relevant to the line of sight of participants.
# Bonus schemes and the concomitant targets will be simple, measurable, achievable (with an element of stretch), realistic and time bound.
# Bonus scheme eligibility should be fair and equitable within each job level. Where employees stand to gain differing amounts, these must be based on clearly evident, pre-determined performance measures and contribution levels in order to ensure defensibility.
# The incentive scheme must be self-funding.
# Individual bonus rewards will be uncapped (but subject to executive scrutiny).
# The schemes should provide handsome rewards for excellent performance and penalise performance below on-target level.
# The scheme design must reflect sound corporate governance principles.
# The design of performance targets must be reviewed annually to reflect continuous improvement in line with shareholder expectations and reflect changes to organisational strategy.
# Variable pay schemes do not form part of the conditions of employment for employees. The rules and conditions may change substantially from year to year.
3. General design considerations
A study by Shelley Taylor and Associates, quoted in the Economist, showed that executive pay--and the extent to which it is linked to performance—is one of the top twenty issues investors care about.
A study undertaken by Ernst and Young indicates that investors are placing increasing value on a companyÂ’s intangible assets and that the quality of executive compensation is one of the top ten issues taken into account.
A study by Hope and Hope estimates that 50% to 90% of the value created by a company comes from the management of intellectual assets, rather than the management of physical assets. Ulrich points out that in the service sector value is created by relationships founded on the competence and commitment of individuals—and in this regard the design of compensation systems has a pivotal role.
>> The doÂ’s
# Individual performance measures should be based on the individualÂ’s specific activities that create value in support of business objectives
# Performance enhancement is best achieved when participants are individually accountable for their performance objectives
# Financial threshold performance levels should account for cost of capital and be benchmarked against peer group performance levels
# Cost benefit studies and sensitivity analyses are imperative during the design phase
# Employee values and cultural considerations should be taken into account in scheme design
# Differing degrees of difficulty to achieve objectives should be factored into the design
# Aspects outside the organisationÂ’s sphere of influence should be taken into account in the design.
>> The donÂ’ts:
# Excessive targets
# Overly restrictive caps
# Changing goal posts inadvertently,
# Clouded criteria
# Discriminatory target setting
# Lack of justification for discretionary intervention
# Insufficient communication
FINALLY THERE’S ONE MORE IMPORTANT DO—TAKE ACCOUNT OF CURRENT TRENDS IN INCENTIVE SCHEME DESIGN:
# Trends in major US corporations show that rewards granted under incentive schemes are increasing. The most common methods of funding plans are based on financial performance criteria. In order of popularity these are earnings per share, operating income and return on assets. Notably the two most popular methods do not account for cost of capital--but its use is increasing.
# The most commonly used bases to determine threshold performance levels are the companyÂ’s budget, year-on-year growth, investor expectations, and peer group performance. The most defensible methods are currently only third and fourth on the list.
# Financial performance measures are increasing at the individual level. The average weighting of these is up to 75% of bonuses.
BUT HERE’S THE BIGGEST SURPRISE—ALTHOUGH THE MEDIAN BONUS PAYOUT LEVEL AT EXECUTIVE LEVEL IS 75% OF ANNUAL BASE SALARY, MANY COMPANIES PAY BONUSES AROUND THE 200% MARK TO TOP PERFORMERS AND THERE ARE INSTANCES AS HIGH AS 500% FOR THE "RAINMAKERS". -
WAH LAN EI!! THIS IS A NICE SPAM LAR!!
long post ppl waste time read than waste time post liao..
we need to KISS - keep it short and simple, not to kill with udon -
egg got enough protein le...Originally posted by MosPyramid:You want to eat us?? eat our semen? -
STAR WARS : EPISODE 1 : THE PHANTOM MENACE
"A long time ago in a galaxy far, far away...."
A vast sea of stars serves as the backdrop for the MAIN TITLE,
followed by a ROLL UP, which crawls up into infinity.
"EPISODE 1 THE PHANTOM MENACE"
"Turmoil has engulfed the Galactic Republic. The taxation of
trade routes to outlaying star systems is in dispute. Hoping
to resolve the matter with a blockade of deadly battleships,
the greedy Trade Federation has stopped all shipping to the
small planet of Naboo.
While the congress of the Republic endlessly debates this
alarming chain of events, the Supreme Chancellor has secretly
dispatched two Jedi Knights, the guardians of peace and
justice in the galaxy, to settle the conflict....."
PAN DOWN to reveal a small space cruiser heading TOWARD CAMERA
at great speed. PAN with the cruiser as it heads towardthe
beautiful green planet of Naboo, which is surrounded by
hundreds of Trade Federation battleships.
INT. REPUBLIC CRUISER - COCKPIT
In the cockpit of the cruise, the CAPTAIN and PILOT maneuver
closer to one of the battleships.
QUI-GON (O.S.)
Captain.
The Captain turns to an unseen figure sitting behind her.
CAPTAIN
Yes, sir?
QUI-GON (O.S.)
Tell them we wish to board at once.
CAPTAIN
Yes, sir. -
Suddenly udontknowme remind me something:
udontknowme -> udon -> undo -> under -> underpant!!
farwd!! wad an evolution!!! good gracious!! da vinci just crack udontknowme!!! woot! -
/me takes one bucket of udon and try to tie the mos burgers upOriginally posted by MosPyramid:WAH LAN EI!! THIS IS A NICE SPAM LAR!!
long post ppl waste time read than waste time post liao..
we need to KISS - keep it short and simple, not to kill with udon -
one is nv lack of proteinOriginally posted by ^tamago^:egg got enough protein le... -
The CAPTAIN looks to her view screen, where NUTE GUNRAY, a
Neimoidian trade viceroy, waits for a reply.
CAPTAIN
With all due respect for the Trade
Federation, the Ambassadors for the
Supreme Chancellor wish to board
immediately.
NUTE
Yes, yes, of coarse...ahhh...as you
know, our blockade is perfectly legal,
and we'd be happy to recieve the
Ambassador...Happy to.
The screen goes black. Out the cockpit window, the sinister
battleship looms ever closer.
EXT. FEDERATION BATTLESHIP - DOCKING BAY - SPACE (FX)
The small space cruiser docks in the enormous main bay of
the Federation battleship.
INT. FEDERATION BATTLESHIP - DOCKING BAY - SPACE
A PROTOCOL DROID, TC-14, waits at the door to the docking
bay. Two WORKER DROIDS, PK-4 and EG-9 watch.
PK-4
They must be important if the Viceroy
sent one of those useless protocol
gearheads to greet them.
The door opens, and the Republic cruiser can be seen in the
docking bay. Two darkly robed figures are greeted by TC-14.
TC-14
I'm TC-14 at your service. This way,
please.
They move off down the hallway.
EG-9
A Republic cruiser! That's
trouble...don't you think?
PK-4
I'm not made to think.
INT. FEDERATION BATTLESHIP - CONFERENCE ROOM
A door slides open, and the two cloaked shapes are led PAST
CAMERA into the formal conference room by TC-14.
TC-14
I hope you honoured sirs with the
most comfortable here. My master
will be with you shortly.
The droid bows before OBI-WAN KENOBI and QUI- GON JINN. He
backs out the door and it closes. The JEDI lower their hoods
and look out a large window at the lush green planet of Naboo.
QUI-GON sixty years old, has long white hair in a ponytail.
He is tall and striking, with blue eyes. OBI-WAN is twenty
five, with very short brown hair, pale skin, and blue eyes.
Several exotic, bird-like creatures SING in a cage near the
door.
OBI-WAN
I have a bad feeling about this.
QUI-GON
I don't sense anything.
OBI-WAN
It's not about the mission, Master,
it's somethging...elsewhere...elusive.
QUI-GON
Don't center on your anxiety, Obi-
Wan. Keep your concentration here
and now where it belongs.
OBI-WAN
Master Yoda says I should be mindful
of the future...
QUI-GON
...but not at the expense of the
moment. Be mindful of the living
Force, my young Padawan.
OBI-WAN
Yes, Master...how do you think the
trade viceroy will deal with the
chancellor's demands?
QUI-GON
These Federation types are cowards.
The negotiations will be short. -
INT. FEDERATION BATTLESHIP - BRIDGE
NUTE GUNRAY and DAULTRAY DOFINE stand, stunned, before TC-
14.
NUTE
(shaken)
What?!? What did you say?
TC-14
The Ambassadors are Jedi Knights, I
believe.
DOFINE
I knew it! They were sent to force a
settlement, eh. Blind me, we're done
for!
NUTE
Stay calm? I'll wager the Senate
isn't aware of the Supreme
Chancellor's moves here. Go. Distract
them until I can contact Lord Sidious.
DOFINE
Are you brain dead? I'm not going in
there with two Jedi! Send the droid.
Dofine turns to TC-14, who lets out a squeaky sigh.
INT. FEDERATION BATTLESHIP - CONFERENCE ROOM
OBI-WAN
Is it their nature to make us wait
this long?
The door to the conference room slides open, and TC-14 enters
with a tray of drinks and food.
QUI-GON
No. I sense an unusual amount of
fear for something as trivial as
this dispute.
Obi-Wan takes a drink.
INT. FEDERATION BATTLESHIP - BRIDGE
Nute, Dofine, and Rune Haako are before the hologram of Darth
Sidious, a robed figure whose face is obscured by a hood.
DOFINE
This scheme of yours has failed,
Lord Sidious. The blockade is
finished! We dare not go against
these Jedi.
DARTH SIDIOUS
You seem more worried about the Jedi
than you are of me, Dofine. I am
amused.. Viceroy!
Nute, looking very nervous, steps forward.
NUTE
Yes, My lord.
DARTH SIDIOUS
I don't want that stunted slime in
my sight again. Do you understand?
NUTE
Yes, My Lord.
Nute gives Dofine a fierce look, and Dofine, terrified, rushed
off the bridge.
DARTH SIDIOUS
This turns of events is unfortunate.
We must accelerate our plans, Viceroy.
Begin landing your troops.
NUTE
Ahh, My Lord, is that, Legal?
DARTH SIDIOUS
I will make it legal.
NUTE
And, the Jedi??
DARTH SIDIOUS
The Chancellor should never have
brought them into this. Kill them,
immediatly.
NUTE
Ye..Yes, My Lord. As you wish. -
ok, maybe something of ours is just too think to be tied up.. you need to use your mouth to tame it firstOriginally posted by ^tamago^:/me takes one bucket of udon and try to tie the mos burgers up -
wtfOriginally posted by MosPyramid:Suddenly udontknowme remind me something:
udontknowme -> udon -> undo -> under -> underpant!!
farwd!! wad an evolution!!! good gracious!! da vinci just crack udontknowme!!! woot! -
INT. REPUBLIC CRUISER - COCKPIT - DOCKING BAY
In the Cockpit of the Cruiser, the Captain and Pilot look up
and see a gun turret swing around and point directly at them.
PILOT
Captain !? Look !!
CAPTAIN
No! Warn...
EXT. FEDERATION BATTLESHIP - HANGER BAY
The battle gun fires. The Republic Cruiser explodes.
INT. FEDERATION BATTLESHIP - CONFERENCE ROOM
Gui-Gon and Obi-Wan leap up to a standing position with their
light sabers drawn. TC-14 jumps back, startled, spilling the
drinks tray.
TC-14
Ahhh, Sorry, sir. The Viceroy...
Gui-Gon and Obi-Wan turn off their swords and listen intently.
A faint hissing sound can be heard.
GUI-GON
Gas!
Qui-Gon and Obi-Wan each taken a sudden deep breath and
holding it. The exotic bird-like creatures in the cage dorp
dead.
INT. FEDERATION BATTLESHIP - HALLWAY
A hologram of NUTE , surrounded by BATTLE DROIDS, appears in
the conference room hallway.
NUTE
They must be dead by now. Blast,
what's left of them.
The hologram fades off, as a BATTLE DROID, OWO-1, cautiously
opens the door. A deadly green cloud billows from the room.
BATTLE DROIDS cock their weapons as a figure stumbles out of
the smoke. It is TC-14 , carrying the tray of drinks.
TC-14
Oh, excuse me, so sorry.
The PROTOCOL DROID passes the armed camp just as two flashing
laser swords fly out of the deadly fog, cutting down several
BATTLE DROIDS before they can fire.
INT. FEDERATION BATTLESHIP - BRIDGE
The bridge is a cocophony of alarms. NUTE and RUNE watch OWO-
1 on the viewscreen.
OWO-1
Not sure exactly what...
OWO-1 is suddenly cut in half in mid-sentence. RUNE gives
NUTE a worried look.
NUTE
What in blazes is going on down there?
RUNE
Have you ever encountered a Jedi
Knight before, sir?
NUTE
Well, not exactly, but I don't...
(panicked)
Seal off the bridge.
RUNE
That won't be enough, sir.
The doors to the bridge SLAM shut.
NUTE
I want destroyer droids up here at
once!!!
RUNE
We will not survive this. -
is tat a nice mutation of nicks? Omg!!Originally posted by mystiv:wtf -
INT. FEDERATION BATTLESHIP - HALLWAY - OUTSIDE BRIDGE
QUI-GON cuts several BATTLE DROIDS in half, creating a shower
of sparks and metal parts. OBI-WAN raises his hand, sending
several BATTLE DROIDS crashing into the wall.
QUI-GON makes his way to the bridge door and begins to cut
through it.
INT. FEDERATION BATTLESHIP - BRIDGE
The CREW is very nervous as sparks start flying around the
bridge door.
QUI-GON and OBI-WAN are on the view screen.
NUTE
Close the blast doors!!!
The huge, very thick blast door slams shut, followed by a
second door, then a third. There is a hissing sound as the
huge doors seal shut. QUI-GON tabs the door with his sword.
The screen goes black as a red spot appears in the center of
the blast door.
RUNE
...They're still coming through!
On the door, chunks of molten metal begin to drop away.
NUTE
Impossible!! This is impossible!!
RUNE
Where are those destroyer droids?!
INT. FEDERATION BATTLESHIP - HALLWAY - OUTSIDE BRIDGE
Ten ugly destroyer WHEEL DROIDS roll down the hallway at
full speed. Just before they get to the bridge area, they
stop and transform into their battle configuration. QUI-GON
can't see them but senses their presence.
QUI-GON
Destroyer droids!
OBI-WAN
Offhand, I'd say this mission is
past the negotiaion stage.
The WHEEL DROIDS, led by P-59, rush the entry area from three
hallways, blasting away with their laser guns. They stop
firing and stand in a semi-circle as the smoke clears. OBI-
WAN and QUI-GON are nowhere to be seen.
P-59
Switch to bio...There they are!
The Jedi materialize at the far end of the hallway and dash
through the doorway that slams shut. The WHEEL DROIDS blast
away at the two JEDI with their laser swords.
OBI-WAN
They have shield generators!
QUI-GON
It's a standoff! Let's go! -
me no like muscle big big...Originally posted by MosPyramid:one is nv lack of protein -
INT. FEDERATION BATTLESHIP - BRIDGE
NUTE and RUNE stand on the bridge, watching the view screen
as the WHEEL
DROIDS' POV speeds to the doorway.
RUNE
We have them on the run, sir...they're
no match for destroyer droids.
TEY HOW
Sir, they've gone up the ventilation
shaft.
INT. FEDERATION BATTLESHIP - MAIN BAY
QUI-GON and OBI-WAN appear at a large vent in a giant hanger
bay. They are careful not to be seen. Thousands of BATTLE
DROIDS are loading onto landing craft.
QUI-GON
Battle droids.
OBI-WAN
It's an invisible army.
QUI-GON
It's an odd play for the Trade
Federation. We've got to warn the
Naboo and contact Chancellor Valorum.
Let's split up. Stow aboard separate
ships and meet down on the planet.
OBI-WAN
You were right about one thing,
Master. The negotiations were short.
INT. FEDERATION BATTLESHIP - BRIDGE
TEY HOW recieves a transmission.
TEY HOW
Sir, a transmission from the planet.
RUNE
It's Queen Amidala herself.
NUTE
At last we're getting results.
On the view screen, QUEEN AMIDALA appears in her throne room.
Wearing her elaborate headdress and robes, she sits,
surrounded by the GOVERNING COUNCIL and FOUR HANDMAIDENS,
EIRTAE, YANE, RABE, and SACHE.
NUTE
Again you come before me, Your
highness. The Federation is
pleased.
AMIDALA
You will not be pleased when you
hear what I have to say,
Viceroy...Your trade boycott of our
planet has ended.
NUTE smirks at RUNE.
NUTE
I was not aware of such a failure.
AMIDALA
I have word that the Senate is finally
voting on this blockade of yours.
NUTE
I take it you know the outcome. I
wonder why they bother to vote.
AMIDALA
Enough of this pretense, Viceroy!
I'm aware the Chancellor's Ambassadors
are with you now, and that you have
beencommanded to reach a settlement.
NUTE
I know nothing about any
Ambassadors...you must be mistaken.
AMIDALA, surprised at his reaction, studies him carefully.
AMIDALA
Beware, Viceroy....the Federation is
going too far this time.
NUTE
Your Highness, we would never do
anything without the approval of the
Senate. You assume too much.
AMIDALA
We will see.
The QUEEN fades off, and the view screen goes black.
RUNE
She's right, the Senate will never....
NUTE
It's too late now.
RUNE
Do you think she suspects an attack?
NUTE
I don't know, but we must move quickly
to disrupt all communications down
there. -
Wah, i posted around 100 piece of spam today!!
But when I ask is that enough?
I replied to both devil and angel side of me..
NO! NOT ENOUGH!! SO CARRY ON POSTING!
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this is not getting anywhere..
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excuse me...but why are we doing this
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still...no one can give me an answer