Proposal: Stock Buyback
Illegal third proposal. Josh
Adminned at 19 Jan 2022 22:02:04 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.
If this phrase does not appear in “Boring Box Company”, add it:
Each employee has an integer value called Productivity. Each time an Employee performs a Weekday Action, their Productivity increases by 1.
Add “Accounting” to the list of Departments in the rule “Departments”.
Add a subrule to “Departments” called “Accounting” as follows:
An Employee may only perform actions described in this rule if they belong to the Accounting department.
As a communal weekday action, an Employee may run payroll by performing the following atomic action:
* Increase their own productivity by 1.
* Decrease the company budget by the sum total of all Employees’ productivity.
* Increase each employee’s BoxBucks by their productivity
* Set each employee’s productivity to zero.
Add the following step to the atomic action to research a new box material in the rule “Research & Development”:
* Increase their own productivity 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 productivity 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 productivity 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. Increase each employee’s BoxBucks by their number of options multiplied by the company budget.
Remove all steps containing the word “options” from atomic actions in “Departments” and its subrules. Repeal the rules “Equity” and “Incentive Formula”. If there is a rule called “Nothing Succeeds Like Success”, repeal it.
I think this payment scheme is a lot more fair than indiscriminately handing out options for doing actions. It incentivizes everyone to work together and make a profit in order to get paid. The options system instantly bankrupted us because they were being handed out with no regard to how successful the company actually is. If anyone wants to join accounting, let me know, otherwise I will run payroll every Friday.