Wednesday, January 19, 2022

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.

Comments

Brendan: he/him

19-01-2022 22:23:20 UTC

Why do people keep proposing more elaborate variations on “grind every day or else?”

Josh: he/they

19-01-2022 22:25:57 UTC

I agree with Brendan; there’s no way I’m voting for this, and I’m one of the people most likely to benefit from it; this is supposed to be a game in the theme of a job, not an eerie recreation

Zack: he/him

19-01-2022 22:26:17 UTC

@Brendan Or else what? There’s no win condition.

Zack: he/him

19-01-2022 22:32:27 UTC

I get it now, you like the options system because there’s potential for you to make money even if you’re not doing the most actions. I can try and quickly reword this so it tweaks how many options you get based on productivity and not automatically getting them for doing anything, because as it stands now the system is not working as intended.

Zack: he/him

19-01-2022 22:43:30 UTC

@Brendan @Josh I reworked the proposal so it still depends on the options system, but it gets rid of the incentive formula and increases your options based on how much what you did contributed to the company.

Clucky: he/him

19-01-2022 22:54:59 UTC

this seems to reward people who use up more of the company budget rather than those of us who are responsible and only use up $1 of company budget

Zack: he/him

19-01-2022 23:03:58 UTC

If you spend $1 of the company budget to make a box we can’t sell, your options lose value because we’re not seeing a profit on those boses. Alternatively, if you spend the entire budget, you get more options but they’re worthless because it stops production. You need to spend some of the budget to get some options so we can get more budget and your options are worth more.

Clucky: he/him

20-01-2022 00:14:12 UTC

but here everyone wants to make/research the most expensive stuff as possible. which I suppose works, but a) you just wind up rewarding people who get lucky enough to roll high and b) you wind up running a risk of all the eggs being put into one basket and one low roll loses everything

Zack: he/him

20-01-2022 02:02:10 UTC

I mean, you aren’t the arbiter of what “everyone wants”, and also everyone making expensive stuff that we can use/sell is better than everyone making junk that flushes money down the toilet.

Brendan: he/him

20-01-2022 16:26:42 UTC

against This is a much more palatable revision, but in self-interest, I still think I need to vote against—I can’t see any way that R&D doesn’t get the short end of the stick here. If I create a Material that is worth 3, and thereby get 0.3 options for my action, Manufacturing and Sales get the potential to make and sell a box worth 30, each netting a tidy 3 options per action.

Josh: he/they

20-01-2022 17:11:11 UTC

Unplugging Options from the Job Title system without repealing the Job Title system, and before we’ve got the Job Title system really working, feels like it’s jumping the gun a little.

against

Clucky: he/him

20-01-2022 17:59:03 UTC

against

Raven1207: he/they

20-01-2022 19:49:46 UTC

against

TyGuy6:

20-01-2022 20:38:00 UTC

against

lemon: she/her

21-01-2022 00:18:08 UTC

against

Lulu: she/her

21-01-2022 01:01:33 UTC

against

Trapdoorspyder: he/him

21-01-2022 04:00:31 UTC

against