28 Apr
2014
28 Apr
'14
10:11 p.m.
On 28/04/14 13:41, Daniel Stolpe wrote:
I like the idea of a "what if" scenario. What if we had to cut costs say 10% or 20%?
Axel has an annual cost cutting target, set by the board, which directly affects his salary and bonus. Typically this is in the 10% region. It is weighted by the number of members and the retail price index. Nigel