Thursday, February 07, 2008
Sam Zell, the New Boss
Subject: the new boss
Fellow Employees,
You may have heard me say that I will be taking an annual salary of 50 cents. Apparently, that figure was disturbing to some people. Someone on my team recently received an e-mail from an employee who was concerned that 50 cents does not divide evenly into 26 paychecks.
So, I’ve decided we should form a committee, hold a meeting, and then hire a compensation consultant to decide if my salary should be increased to 52 cents a year.
While I’m sure that falls under the cap for raises, it may be against some old policy restricting salary increases for employees with less than 12 months of tenure.
Do I need a committee, meeting and another consultant to change that policy?
Oh, that’s right, I’m in charge now. What policy?
More to come…
Sam
SOURCE: Kevin Roderick
1 comment:
For now, we're opening this blog to Anonymous comments. This will continue as long as civility rules. Disagree as you may, just keep it clean and stay on topic. No profanity, and no name calling. We reserve the right to moderate such comments, though the person who made it may come back and reword their message in a more civil way.
I believe that's precisely what every CEO who has had big golden parachutes has had done for them!
ReplyDeleteI love his sarcasm. It must either endear or annoy his peers.