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See Saw and Performance Pay

Posted by Daniel Rose - October 6, 2010 - Blog

Tonight I was read­ing a book of nurs­ery rhymes to by son. One of the nurs­ery rhymes was “See Saw Margery Daw”, which may date back to the 17th century.

See Saw Margery Daw,
Jacky shall have a new master;
Jacky shall earn but a penny a day,
Because he can’t work any faster.

What is inter­est­ing about that nurs­ery rhyme, in par­tic­u­lar, is the last half. Jacky, it seems, hasn’t met the nec­es­sary per­for­mance criteria.

Now, the nurs­ery rhyme appa­rantly began as an old work sung, sung by sawyers to keep rhythm. Regard­less of the specifics, there really isn’t a lot of room for other meanings.

I find children’s rhymes and sto­ries often have a great kind of sim­ple insight into busi­ness and the world in gen­eral. If you know of any, drop me a line!

It is expected around half of sales will be set­tled via mer­chant facil­ity. This is an esti­mate, as I have no cur­rent mer­chant facil­ity.
Sales are gen­er­ally between 2,000 to 10,000 per trans­ac­tion, and there are rel­a­tively few (com­pared to, say, a retail store) – per­haps one per month, depend­ing on clo­sure rates. Does this present a prob­lem?
I do not require the abil­ity to accept details over the inter­net. I do not require a phys­i­cal ter­mi­nal. I have happy to use an online “ter­mi­nal”, or a paper based voucher sys­tem.
If you believe this may fit your facil­ity, can you please pro­vide details of any monthly fees, in addi­tion to any per trans­ac­tion charges and so forth?
Buffer
People, Performance management, Reward management

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