[Day 1611-1620] Earnings Statement

Day 1,620, 17:43 Published in USA USA by Rom Paul

The following financial statement is released on behalf of Nakatomi Corporation for general public consumption

To make more efficient use of your time, it is suggested that you take an in depth look at the past 10 days here at our company.

This report details the last 10 day fiscal period starting on day 1611 and ending on day 1620

You can find our report ----> HERE

Now, a quick summary of what we've been up to these past 10 days...

Employee Salary Information

Average Daily Salary - $285.30 (TAX FREE)



Despite the extreme downturn in the economy, Nakatomi Corp. continues to pay the very best salaries in all of erepublik. This is our company standard and the day we cannot continue to pay the best wages, we will cease to exist as a company.

How We Calculate Employee Salary

It might look a little confusing in our report, but let me break it down for you as simply as I can.

I hire you for $1, so every time you click the "work" button, I automatically am forced to pay out a dollar to you. The current income tax is 18% so the government takes 18 cents out of that dollar and you receive 0.82 cents for working. So far so good?

Next, I take a look at the job markets offering for the day, for example if they are offering $296 for a days work, I round that number to the nearest 10, so $294 becomes $300. Now I take that "adjusted" job market number and subtract $10 from it. The new number is $290. I donate this amount of money to you so you don't pay ANY taxes on it.

Now up to this point, this is basically what our competition does. The competition however usually pays around $30 to $50 less than us, while our value fluctuates with what the job market offers, minus 10. Already, you are getting a better deal by working for us, and the competition knows it.

But here's where things get taken to the next level. We are the ONLY company in erepublik that pays out a BONUS. Not just any bonus, a bonus ON TOP of a tax free salary.

We calculate the bonus like this. Whatever our daily profit as a whole was for the day, 1.5% of it is sent to each employee that worked that day. EACH.

For example, if we made $1500 for the day, each employee gets $22.50 donated to them.

If we made $2100 for the day, each employee gets $31.50 donated to them.

This is a great system for employees because if job market salaries drop substantially, our employee bonus rises to hedge against a low salary.

Add it all up and you are looking at the best damn tax free salary in erepublik.

How We Pay Out Employee Salary

If you are an employee at our company, you are given access to our financials via google docs and you can see EXACTLY how much you are getting paid and why. This document is released publicly every 10 days to attract investors / prospective employees.

At the beginning of the next work day, I send you your tax free salary and your bonus in 2 separate payments so you see the math all adds up. More often than not, all employees are finished working before the end of the day, in this situation I pay everyone that same day.

A Message To Our Employees...



Yet again, since no one has missed a single day of work in the past 10 days I will be donating you all a check for $250 as a small thank you. Keep up the good work!

Bennosuke
CEO,
Nakatomi Corp.