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re: ESPN fired Howie Schwab
Posted on 6/13/13 at 5:03 pm to TexasTiger1185
Posted on 6/13/13 at 5:03 pm to TexasTiger1185
quote:
So what? 26 years is a long arse time to work for one company. Why pay him that much when you can pay someone else less? This is business, his wife isn't their concern, neither is his history as a philanthropist or anything.
Because some people aren't assholes.
A 50 billion dollar company doesn't need to dump one person over 10 thousand dollars, especially one who worked there for a quarter century. And is it Howie Schwab's fault ESPN overpaid him?
If you justify those decisions, you're just a dick. There are more things to life than a fricking profit margin. Disney is not going bankrupt.
You're probably the kind of business owner who would fire your most loyal employee because your 17 year old daughter got drunk and totaled her new SUV.
This post was edited on 6/13/13 at 5:06 pm
Posted on 6/15/13 at 12:11 pm to lsutigers1992
quote:
A 50 billion dollar company doesn't need to dump one person over 10 thousand dollars, especially one who worked there for a quarter century. And is it Howie Schwab's fault ESPN overpaid him?
If you justify those decisions, you're just a dick. There are more things to life than a fricking profit margin. Disney is not going bankrupt.
Disney would go bankrupt if you ran the HR department. If you have one vastly overpaid employee relative to value, eventually all your employees will be vastly overpaid. When you hire a new employee or negotiate a new contract with an existing employee, the baseline starting point of the salary negotiation is what other people in similar positions are making at the company. If Schwab, for example, is making let's just say a million bucks leading the stat department, then you are likely going to have to pay anyone with a similar job title that much or more.
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