I hear you!ecureilx wrote:Not to be funny, I was in a small company when SARS hit- and our directors (both of them) proudly declared they are working salary-free for the next six months .. and while I was not intruding, I was reminded that salary free doesn't equate to really free ..Mad Scientist wrote:The first during SAR period but the difference were met by the Gahmen, hence we are not out of pocket ..............>>>>> .... All the directors stop taking any pay or allowance at all for a year just to keep the company afloat
Heck, their car, petrol, food, dress, and what not were all still charged to the company .. and nothing changed, other than the 'directors fee' they were drawing .. and in any case 90% of their expenses were always charged back to the company ... and the quarterly revenue sharing always took place (how I know ?? Well, I got my solemnly and sincerely sworn sources .. )
Ever since, when somebody says directors worked without pay - I always take it with a pinch of salt mate ...
I'm both the HR Manager AND the Finance Manager -