There's a lot of disturbing facts in that blog plus a few completely false statements

so who's the math genius here...
what is $28 million divided by the number of ss contributors???
expect that to be added to each of our may's earning
as profit-sharing or just plain decent share-the-wealth
with those who really made you rich(er)
p.s. thx arenacreative for the moving ants idea, i like them better than just color and size

quote of the article:

The stock award was designed "with the objectives of retaining and motivating him while providing a strong pay-for-performance element"

Given the lack of pay raises commented now and again by contributors, it seems that contributors don't need to be retained or motivated.

That was my first thought on reading that.

But after you have your first few million, I don't think loads more money would be motivating. I think that's when you can pursue other values.

"Loss aversion" refers to people's tendency to strongly prefer avoiding losses to acquiring gains, like playing a game of Monopoly - as soon as you get in the lead you'll start to worry more about losing what you've gained!

http://www.nytimes.com/2013/12/09/your-money/overcoming-an-aversion-to-loss.html?_r=0

Greed? It's an addiction... possibly with a certain complex too, imho.
Anyways, DISLIKE!

Quote from: loop on April 30, 2015, 17:35

quote of the article:

The stock award was designed "with the objectives of retaining and motivating him while providing a strong pay-for-performance element"

Given the lack of pay raises commented now and again by contributors, it seems that contributors don't need to be retained or motivated.

That was my first thought on reading that.

But after you have your first few million, I don't think loads more money would be motivating. I think that's when you can pursue other values.

He pulled more than that out of the company before they went public. And more after that. Someone who cares about their company, its employees and suppliers does not need money to stay motivated.

He sold us out for money, plain and simple.

Quote from: ShadySue on April 30, 2015, 18:04

Quote from: loop on April 30, 2015, 17:35

quote of the article:

The stock award was designed "with the objectives of retaining and motivating him while providing a strong pay-for-performance element"

Given the lack of pay raises commented now and again by contributors, it seems that contributors don't need to be retained or motivated.

That was my first thought on reading that.

But after you have your first few million, I don't think loads more money would be motivating. I think that's when you can pursue other values.

He pulled more than that out of the company before they went public. And more after that. Someone who cares about their company, its employees and suppliers does not need money to stay motivated.

He sold us out for money, plain and simple.

I don't think he sold anyone out for money - he is a business man and a smart one at that - he understands people's weakness. It was pretty clear from day one what his motivation was just by his royalty rates on offer. He has however certainly exploited people that is if you agreed to the terms and chose to submit. So in a roundabout way, who do you blame? He owes you nothing apart from what you agreed to. Or was there a "I get filthy rich from exploitation and share it with you" clause? I didn't think so.

unfortunately, Oringer is just a symptom, not THE problem.

He and SS are the final result of the whole boom/bust cycle of the post-internet stock industry, if it wasn't Oringer it would be the other 2-3 top agencies, nothing would change much, even Alamy slashed our fees, we're alone against all of the odds and totally at the mercy of greedy agencies that don't even treat us as respectable and loyal suppliers, we're all taken for granted, we'll never see our buyers face to face, we'll never set foot in a stock agency or shake their hands and have a chat together unless we pay ourself a trip to the biggest stock industry fairs and even so what do you expect ? the top sellers are maybe contributing for 0.1% of SS's archive, you won't be missed if you leave for greener pastures, just as nobody noticed Yuri's departure for Getty.

It's really become a laughable situation.   

I'm sorry to admit this but I think the only reason I still read MSG is to laugh at the people who are still submitting photos and talking about the latest giveaway as "a good deal" that gives them "sales they wouldn't have gotten otherwise".  Please don't take this personally, guys.  Maybe for some people it still makes sense.

At this point I'm just waiting for SS to do something that reduces payouts even further - even by a tiny amount - and then I'll close my account and be done. 

Quote from: stockastic on May 01, 2015, 10:10

It's really become a laughable situation.   

I'm sorry to admit this but I think the only reason I still read MSG is to laugh at the people who are still submitting photos and talking about the latest giveaway as "a good deal" that gives them "sales they wouldn't have gotten otherwise".  Please don't take this personally, guys.  Maybe for some people it still makes sense.

At this point I'm just waiting for SS to do something that reduces payouts even further - even by a tiny amount - and then I'll close my account and be done.

this post is laughable. you only come to MSG is to laugh at people for the latest giveaway but you still keep your account at SS as if you are not one of the people you laugh at. at least you can laugh at yourself.

I stopped contributing over a year ago.   Maybe I should just go ahead and close it now.  But I thought it would be more fun to wait for SS to make some "exciting announcement" of a reduction in payments, and then close my account in protest.   

unfortunately, Oringer is just a symptom, not THE problem.

He and SS are the final result of the whole boom/bust cycle of the post-internet stock industry, if it wasn't Oringer it would be the other 2-3 top agencies, nothing would change much, even Alamy slashed our fees, we're alone against all of the odds and totally at the mercy of greedy agencies that don't even treat us as respectable and loyal suppliers, we're all taken for granted, we'll never see our buyers face to face, we'll never set foot in a stock agency or shake their hands and have a chat together unless we pay ourself a trip to the biggest stock industry fairs and even so what do you expect ? the top sellers are maybe contributing for 0.1% of SS's archive, you won't be missed if you leave for greener pastures, just as nobody noticed Yuri's departure for Getty.

+100
They are ALL the same!