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Windies Impasse … Players reject pay cut ahead of T20 World Cup

first_imgA year and half after the regional team called off a tour to India, there is fresh controversy in West Indies cricket as the players are now opposed to a pay cut ahead of the ICC Twenty20 World Cup. Members of the West Indies squad are demanding that the West Indies Cricket Board (WICB) improve the financial terms of their contracts for the tournament and have requested an urgent meeting ahead of the March 8 – April 3 competition, set for India. The concerns, which centres around a 75 per cent-pay cut were outlined in a letter from team captain Darren Sammy to the WICB, which among other things, pointed to a fall-off in guaranteed earnings from the tournament compared to previous arrangements. The players are demanding 100 per cent of prize money and a doubling of match fees, which currently stand at $6,900. Fourteen of the 15 members selected to represent the West Indies in India next month are yet to sign their contracts for the tournament with the deadline set for February 14, 2016 and Sammy, who rejected the credibility of the West Indies Players Association (WIPA), made it clear that the WIPA negotiated terms will not be accepted by the players. One player on the squad has already signed the WICB’s Twenty20 World Cup contract with Sulieman Benn reportedly putting pen to paper. Referring to a US$8-million ICC payment received by the WICB, Sammy urged the Board to revert to a previous remuneration package, which saw players earning 25 per cent of income received by the WICB for participation in ICC tournaments. He noted that under the previous deal, players would be guaranteed US$133,000 as opposed to the US$27,600 under the current terms if they play in all official matches. “We have collectively discussed the remuneration on offer to participate in the T20 World Cup. Considering that 14 out of the 15 man squad are not part of WIPA – and hence have not given authorisation to WIPA to negotiate on our behalf – and a large number do not receive any significant remuneration from WICB at all, we want the opportunity to negotiate fairly the financial terms within the contract,” Sammy’s letter stated. The 2015 World Cup took place with the WI squad remunerated under the terms and conditions that had been in place for the World Cups previous – that is 25 per cent of income received by the WICB for participating in the tournament was distributed to the squad,” Sammy letter was quoted. However, in a response, WICB CEO Michael Muirhead, underlined that the organisation will only negotiate with WIPA on compensation matters, while outlining that the ICC’s new payment cycle which now sees an eight-year distribution arrangement replacing lump sum payments, means that the WICB cannot identify exactly how much it will be paid in relation to the World Twenty20. “… It is not possible to calculate a percentage to be paid to the Squad, as the ICC distribution is no longer being made in the traditional manner. The WICB, in recognition of this, and in an effort at fairness and transparency, allocates 25 per cent of WICB revenues estimated over a four – year period – including ICC distributions – to players, through a guaranteed minimum revenue pool, out of which player payments are made,” he said. “Anything in excess of this minimum over the relevant 4 – year cycle, will be divided solely among the international players, as agreed with WIPA,” added Muirhead’s response to Sammy. Muirhead also noted that the match fee is three times the usual fee and also noted that players would receive 50 percent net of sponsorship generated for the event and 80 percent of prize money, which has seen an 86 percent increase. In an interview with Hitz 92FM yesterday afternoon, Muirhead also noted that they are prepared to send other players to the T20 World Cup if contracts aren’t signed by the February 14 deadline. There were indications that things were coming to a head when suggestive Instagram posts were made by Sammy and Dwyane Bravo. Bravo, in a post with himself, Samuel Badree, Andre Russell and Sammy, stated: “If U all have any idea what’s going on an what we thinking again sad times but lets see how this one will end.”last_img read more

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first_imgFestival Fever is set to drag Donegal out of the recession!Dozens of festivals planned for across the county over the summer months will see an influx of tourists spending money.And shops, restaurants, hotels and B&Bs are hoping it will be the spark to get the ball rolling again. Thousands of locals and visitors took advantage of a rise in temperatures at the weekend to flock along to the Seafest in Rathmullan and the Donegal Town Summer Festival.And head of tourism with Failte Ireland in Donegal, Paul McCloone, said we are already up on last year’s number.“We are already ahead of last year’s figures and that is good. But we still have a long way to go before we equal the visitor numbers of four or five years ago.“But we are on an upward spiral and it is slighty encouraging but much too early to say we are going to have a good season,” he said. It might be too early to crunch figures but there was no stopping people from enjoying themselves at Rathmullan yesterday.Thousands turned up for a weekend of old fashioned fun beside the sea combined with rescue helicopter displays, curragh racing, egg and spoon races and a tug-o-war.Among those who came ashore for the weekend was RTE star derek Davis – a well-known sea-farer.And more than 15,000 people flocked into Donegal Town over the weekend to hear such bands as Jedward, Ryan Sheridan and Aslan.This weekend sees more festival fever with the arrival of the Earagail Arts Festival at venues across the county featuring an array of talent. Festival fever is here – let’s hope it’s contagious!EndsTOURIST OPERATORS HOPEFUL AS FESTIVAL FEVER GRIPS DONEGAL was last modified: July 3rd, 2011 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:Earagail Arts FestivalPaul McLooneseafestlast_img read more

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OpenViews Operational Support Lead Generation Strategies

first_imgToday I got my hands on a great report that was recently released by The Bridge Group, Inc., a Boston-based consulting firm that works with B2B (business to business) technology companies to help build and strengthen their inside sales teams. The report, titled “2009 Inside Sales Lead Generation Metrics and Compensation for Technology Companies,” is exceptionally relevant to my work at OpenView Partners, a Boston Venture Capital firm, as I focus on developing Lead Generation programs and business development strategies for our expansion stage portfolio companies.So how does The Bridge Group gather their data? They have surveyed over 125 North American technology companies (Hardware, Software, Hardware & Software, SaaS/Hosted) on how they have execute their inside sales implementations. Pretty impressive if you ask me!Some interesting takeaways from The Bridge Group’s survey results:• 60% of all companies surveyed use Saleforce.com as the CRM of choice • The average size of a Lead Generation team is 6 reps • The average ration of Lead Generation Rep to Field Rep is 1 : 3.5 • The average years of experience that a hiring manager seeks for the Lead Generation role is 2.4 • The average tenure of a Lead Generation rep is 2.4 years • The average base salary on the Lead Generation team is $47.5k base, with a total compensation of $75.3k • The average quota for leads passed along the Field Reps is 16 “opportunities created” • Average time on the phone a day is 4 hours, and the average number of calls made is 46/day • 45% of calls are made into leads that were derived from marketing • 17% of leads convert to qualified opportunities • The average contribution of the pipeline that can be attributed to the Lead Generation teams efforts is 48%The OpenView Labs team has implemented Lead Generation programs within five of our portfolio companies, and remarkably, most of these statistics/averages are very simliar, if not identical, to the standards that we hold our new Lead Generation hires to when they are brought on board to support their respective sales teams.There are a couple of differences. First of all, we typically advise our portfolio companies to push their Lead Generation reps to generate 10 qualified leads a week, rather than 16 a month. Ambitious, yes, but it has worked so far! Also, none of the Lead Generation programs that we have built have been around for 2.4 years (the average tenure of a rep according to the survey), however, we have something different in mind to keep motivation high.The goal is to promote these bright individuals internally once they have proved themselves as a Lead Generator/Qualifier. I am proud to say that recently two of the Lead Generation reps that we hired, trained, and coached for one of our portfolio companies were promoted to Sales reps within 5 months.To download The Bridge Group’s Lead Generation Report, go to http://www.bridgegroupinc.com/lead_generation_metrics.html. Also if your role falls within the realm of inside sales/lead generation in the tech-space, whether you are a manager or a rep, I suggest following Bridge Group’s blog (in addition to mine!) http://blog.bridgegroupinc.com, as they offer a great flow of suggestions and industry information that will help you stay on top of your game. Get more lead generation ideas here.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to PrintPrintShare to EmailEmailShare to MoreAddThislast_img read more

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