$37,500 annual salary earns a $25,000 bonus Megan’s numbers do add up.Based on Hubert’s statement that a 50% drop in bonuses for the top 80 executives would result in a 20% drop in their income, then it follows that bonuses represent two-thirds of their salary. For example, if one person is being paid a salary […]
Monthly Archives: March 2009
Layfield Bonus Based On Being Exceedingly Cute?
March 19, 2009 – 4:57 pm
My dear friend Hubert, What are the goals for each of the 80 executive positions, that when surpassed would merit a bonus? What could Stursberg do that would merit a 20% bonus? What would someone in the I.T. Division get a bonus for doing? Will Denise Donlon get a bonus if listenership rises above that […]
Maybe everyone should get a bonus
March 19, 2009 – 4:09 pm
Nortel to ask court to approve controversial US$23M bonus plan for executives Lawyers for Nortel Networks Corp. are to appear in court on Friday to ask for approval of a controversial US$23-million bonus plan for its top executives that the company says is needed to boost falling morale at the company.… Earlier this month, courts […]
Reuters Gets It Rong
March 19, 2009 – 10:50 am
TORONTO — The Canadian Broadcasting Corp will cut executive salaries and bonuses,
Executives Conclude Their Jobs and Salaries Are Safe
March 19, 2009 – 9:55 am
A good day for the 80 people the CBC can’t live without, who aren’t on the air.
Let them eat cake or: How I learned to love a good old fashioned shit sandwich
March 19, 2009 – 7:26 am
“On the compensation front, executive salaries are being frozen at 2008 levels for 2009-2010. Potential bonus payouts for executives in 2009-2010 will be reduced by 50 percent. This means that the compensation for each of our eighty or so top managers will on average be reduced by 10 to 20 percent next year. I thought […]
Distant cousins
March 19, 2009 – 6:13 am
Speaking of bonuses: Official photograph of Richard Stursberg. Official mug shot of Bernie Madoff.
Update on Board meeting, and town-hall planned for March 25th
March 18, 2009 – 8:15 pm
The Board met in Toronto on Monday and Tuesday to focus on the plan for next year and, more importantly, for managing our way through this financial crisis. The discussions were demanding and complex, and everyone around the table understands just how much is at stake for the public broadcaster, its people, programs and services. […]
A cautionary tale about social media, as told on social media
March 18, 2009 – 2:06 pm
If you’re going to solicit feedback on a contentious issue, you have to be prepared for the fact that you can’t expect what you’re going to get. Don’t try to bamboozle your audience or someone will surely call you on it and you’ll have to admit that no one is reading anyways.
Memo To: Purchasing
March 18, 2009 – 12:07 pm
FROM: Hubert T. Lacroix Greetings!Please order more of these asap:Merci beaucoup de votre aide!
Critical times call for critical measures
March 18, 2009 – 11:58 am
Perhaps it’s time for George to show us more than his underwear.Like, answering some questions on the air.Surely he has nothing to hide. Or so he says.
