Thursday, August 20, 2009

[xeftwwfa] Delayed compensation

An employee, or anyone, does something, the effects of which cannot be measured for years, if not decades. Let the employer, or other payer, pay compensation then, possibly to the estate. "You'll get paid when we get paid."

The employee may use standard financial instruments to convert an uncertain future revenue stream into perhaps a constant present salary. The market for such instruments does not seem to be accessible to regular people these days.

Vaguely similar to incentive stock options.

The government can give awards for great things that benefit the public. This might lessen the pressure and brokenness of the "intellectual property" legal system.

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