Proposal: Stock Buyback Program
Can’t meet quorum with 1 FOR, 8 votes AGAINST, and 16 players. Failed by TyGuy6.
Adminned at 21 Jan 2022 04:49:23 UTC
In the rule “Boring Box Company”, replace the paragraph starting “The Company Budget is” with the following:
The Company Budget is a non-negative numerical value that is tracked on the Company Portal. It represents an amount of BoxBucks (AKA BB or Bucks). When writing an amount of BoxBucks, the number may be prefixed with $, £, or € interchangeably without altering its meaning. Any variable with “cost”, “value”, “budget”, or “balance” in the name represents an amount of BoxBucks. BoxBucks are always rounded to 2 decimal places.
Set the value of Wire to 1.3.
Remove all steps containing the word “options” from atomic actions in “Departments” and its subrules.
Add the following step to the atomic action to research a new box material in the rule “Research & Development”:
* Increase their own Options by 1/10 the value of the material, rounded up.
Add the following step to the atomic action to produce a new box in the rule “Manufacturing”:
* Increase their own Options by 1/10 the value of the box, rounded up.
Add the following step to the atomic action to sell a box in the rule “Sales”:
* Increase their own Options by 1/10 the value of the box, rounded up.
Turn off the special case rule “Dynastic Distance”. In “Departments”, replace “For the purpose of rules which allow members of certain departments to perform certain actions, the CEO is considered a member of all departments.” with:
The CEO is always considered a member of all departments.
Set each Employee’s BoxBucks to be equal to their Vesting.
Rename the rule “Equity” to “Compensation” and reword it as follows:
Each Employee has an integer amount of Options (defaulting to 0) and an amount of BoxBucks, both of which are publicly tracked.
At any time, an Employee may exercise their options by increasing their BoxBucks by the Company Budget multiplied by the number of Options they have. Upon doing so, that Employee’s amount of Options is set to 0.
Repeal the rule “Incentive Formula”.
Replace the word “Vesting” with “BoxBucks” anywhere it appears in the ruleset.
The options system wasn’t working because people were hoarding options like currency and not making any effort to actually make a profit. I think this should work better for everyone.
Brendan: he/himIdle
Why do people keep proposing more elaborate variations on “grind every day or else?”