Capitalism 2 and Capitalism Lab Forum

I love having a COO, but every few years, the one I have resigns, which means I have to find a new one and set up how to manage the firms again. The old one tends to have a bad attitude toward the Company. How do I keep the one I have?

Your COO asks for a salary raise or will leave your Company.

So Pay more or search for an better COO.
who eventually also will ask for an salary raise.

if you have 100% ownership of your Company consider selling 1-10% so your officers can buy into the Company.
they will buy the stocks and they they will stay longer.

I felt it also help if your profit always grow in proportion over time. COO like to increase their wealth. And their initial salary is a portion of your annual revenue. So they need to have "actual" paid increase from the portion of the annual profit.

Personally I face the opposite problem, since I always dislike their higher salary eating my profit, and not hiring COO if possible. If they asked for a raise, I just fire them. (or lower my profit, and rehire a cheaper one). I love micromanage my firms directly. COO is only helpful to me for price war and media firm management, billions of salary with these few functions is not worth it.

Kapseljd wrote:Your COO asks for a salary raise or will leave your Company.

So Pay more or search for an better COO.
who eventually also will ask for an salary raise.

My COO never asks for a raise, just informs me of the resignation. The other two ask for raises, but never the COO.

counting wrote:I felt it also help if your profit always grow in proportion over time. COO like to increase their wealth. And their initial salary is a portion of your annual revenue. So they need to have "actual" paid increase from the portion of the annual profit.

Personally I face the opposite problem, since I always dislike their higher salary eating my profit, and not hiring COO if possible. If they asked for a raise, I just fire them. (or lower my profit, and rehire a cheaper one). I love micromanage my firms directly. COO is only helpful to me for price war and media firm management, billions of salary with these few functions is not worth it.

I use them for my retail firms, and keep farming, mining and manufacturing to myself.

platonica wrote:My COO never asks for a raise, just informs me of the resignation. The other two ask for raises, but never the COO.

If that is the case, then it is a bug. COO should always ask for a raise and will only leave when you reject giving a raise or fire him directly.

i still wouldnt call it a bug just for that.
please check the stocks owned by your COO. If he has equity in other companies (maybe even competing ones) it is perfectly normal for him/her not to want to work for you anymore.