imutual.co.uk

Sarah wrote:

magnificent7 wrote:Even Steven three way split @ 33.33333333333333333333333333333333333333333333333%.

Ah, but you're not counting the members that have genuinely abstained by not voting!

Yes but that only applies if they choose to absatain
Not voting because they don't know about the vote is not abstaining

The question is wrong.

Do our Directors deserve a pay-rise? Yes - in theory
Should our Directors have a pay-rise? No - for all the reasons given before. The company is young, it has no available funds, any profits should go to building it up, etc.
Ask me the question in 2-3 years' time and my answer could be different.

xrppzi wrote:The question is wrong.

Do our Directors deserve a pay-rise? Yes - in theory
Should our Directors have a pay-rise? No - for all the reasons given before. The company is young, it has no available funds, any profits should go to building it up, etc.
Ask me the question in 2-3 years' time and my answer could be different.

The further explanatory notes in the first post read:

underdog wrote:I am fully aware, at present the finances of imutual do not allow us to award a pay-rise but with some good fortune things will change for the better soon.

I'm truly, madly, deeply ... disappointed.

Now or never boys and girls.

superman wrote:Now or never boys and girls.

Err I think its never for me..

Torus wrote:

superman wrote:Now or never boys and girls.

Err I think its never for me..

Outrageous (just my opinion it does not necessarily reflect the facts).

Just worked my socks off for a year as a director and paid myself around £8k for it. Same reasons apply here.

I've no doubt the directors work themselves into the ground to keep things going, but if the money isn't there at the moment then you can only pay what's in the pot.

The good times are around the corner.

I hope the good times are around the corner for you and Richard, parchedpeas.

Many people are becoming self employed and I do worry that some of them are being "encouraged" by people to help them meet targets about getting the longer term unemployed into work. I have heard of people who have been persuaded to turn a hobby into a business. Some hobbys can become a part time or even a full time business but many are just pin money hobbies and can never be more than that. Sadly according to the programmes on Radio 4 I have heard some people who have pin money only hobbies are being talked into turning it into a proper business. And that can cost money that can never be fully recovered by the business and the benefits they were getting for being unemployed are lost.

Not saying your business is a pin money one, sounds as if you have a promising business and thankfully you are a director so am assuming it is a limited liabilty company so you do not risk losing your home etc. But how many new businesses that are starting with encouragement to get people off the umemployment register are also limited liability ones?

parchedpeas wrote:Just worked my socks off for a year as a director and paid myself around £8k for it. Same reasons apply here.

I've no doubt the directors work themselves into the ground to keep things going, but if the money isn't there at the moment then you can only pay what's in the pot.

The good times are around the corner.

This poll wasn't about paying a penny more today. It was more about the hard-graft put into imutual in comparison to the peanuts being paid out due to a lack of funds. By the sounds of it Richard has much in common with you.