Company tools

Day 631, 02:07 • Published in • by Plato

Dear citizens,

As it seems, after citizenship implementation there are three “big boys” left: the new map, company tools and the war module. We have already described the new eRepublik world map, which is scheduled to go live in about one week. The next major feature will be the company tools module, and in this Insider we will offer you a sneak preview of it.

Company tools (manager's tools) had not been as widely requested as other features given the fact that only managers will have access to this new module, but still we have conferred it a great importance and worked hard for it. Because happy and satisfied citizens need pleased managers, and pleased managers need great tools to manage their businesses. The new company tools will introduce in eRepublik one of the basic concepts of capitalism and free market: everybody should get paid according to the amount of delivered profit. We all know that right now the quantification of total productivity of a specific employee is impossible, so salaries are somewhat unfair.

Companies are paying salaries such that they still maintain a profit, but that does not mean that employees are paid as they should. Some are paid more than they deserve, and some less. Some employees are taking care of their wellness and hence have a much greater productivity than others with identical skill, but still they are usually paid alike. Some 10-12+ employees are paid just double compared to other employees that produce four times fewer products. All this might change soon, with the implementation of company tools.

In every company the finances page will have new tabs, accessible by the manager (citizen/organization) of the company. Please bare in mind that the revenue that goes into the company is “income” and the cash that goes out is “expenditure.” So, for example, collected profit means money for the owner, but a loss for the company. And invested money to pay salaries is “income” for the company, but “lost” money for the manager.


There are three types of information you can get:

1.Specific currencies accounts balance. Here you will have a comprehensive balance of both incomes and expenditures for the selected currency within the date interval. Information about the product sales made in that currency, monetary market exchanges bought or sold, invested and collected money from company account, expenditures with salaries and bought materials, paid taxes like VAT or import tax, and others, will be available. You only need to select the currency and date interval, and all the info you need will be listed!

2.Sales history. Here you will have listed all the sales made by your company, in all marketplaces for which you own a license, grouped by the same selling price. Also, you can see both gross and net price - that is, you can easily see the profit made by you in specific markets.

3.Employees list. Here you will have information about skills and wellness of the company's employees. Also, employee's history is available, showing their presence at work and daily productivity. This new list will replace the current employees list, and will be visible for all citizens, not just managers.

Widely speaking, these will be the tools for better business management. Employees productivity will be easily measurable, so they should be paid accordingly. Their presence at work is another factor to be taken into consideration. Specific and detailed information will be made available regarding currencies, markets, market sales, net incomes, net expenditures - all which will hopefully provide you a better opportunity to stand up and be profitable in the economical jungle. As for the time frame, we expect to have these tools live in September.

Regards,
The eRepublik Team