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Enron Mail |
Perhaps we need to look at our Managers and Directors again. Independently =
of below it seems appropriate to review key personnel comp following mid ye= ar PRC. What do you think. FYI we have most Managers at $90k and Directors at $115. David -----Original Message----- From: =09Bland Jr., Ted C. =20 Sent:=09Wednesday, July 25, 2001 10:56 AM To:=09Oxley, David; Davies, Neil; Buckley, Karen; Jones, Robert W.- HR Exec= ; Pieper, Kalen; Barnard, Marla; Knudsen, Sheila A.; Smith, Gary; Gilchrist= , Scott; Walton, Sheila; Joyce, Mary; Chapman, Jon; White, Leesa; Doucet, D= awn; Fitzpatrick, Amy Cc:=09Lemmons Jr., Billy; Warner, Traci Subject:=09FW: New salary levels Sensitivity:=09Confidential Please see below. These will be the new salary levels for the Analyst and = Associate Program. They will go into effect on Feburary 1, 2002 for all An= alysts and Associates rated 4 or better and for the offers being extended w= ith start dates after that date (2/01/02). Those AA's rated at the 5 level= will not receive a raise until they bring their rating up to the 4 or bett= er level at the next PRC. I have provided the old salary levels for your i= nformation as well as the new levels. This is the first increase since Jan= uary of 2000 and brings us up to competitive levels with our competitors in= both Houston and elsewhere. . These numbers are highly confidential and a= re not to be released at this time to the Program. However, they will be i= ncluded as part of the new offer that will go out to the summer interns we = want to bring back as full time AA's (it is anticipated that these offers w= ill be part of the exit interview with AA recruiting). If you have any que= stions, please feel free to call me. Ted New Salary levels: =09=09=09=09=09=09=09Sign-on=09=09GTD Performance=09=09Options Analyst I=09=09$47,000=09=09=09=09$10,000=09=09$3,000 Analyst II=09=09$52,000=09=09=09=09$10,000=09=09$3,000 Analyst III=09=09$56,000 (rated 3) Analyst III=09=09$65,000 (rated 1 or 2) Trading Analyst=09$57,000 (new hires)=09=09$10,000*=09$3,000 Associate=09=09$83,000=09=09=09=09$25,000=09=09$10,000=09=09=09=09$10,000** Associate II=09=09$87,000=09=09=09=09$25,000=09=09$10,000=09=09=09=09$10,00= 0** *Plus $10,000 if sign non-compete ** Options can go as high as $30,000 if needed to close deal Old Salary levels: =09=09=09=09=09=09=09Sign-on=09=09GTD Performance=09=09 Analyst I=09=09$40,000=09=09=09=09$10,000=09=09$3,000 Analyst II=09=09$45,000=09=09=09=09$10,000=09=09$3,000 Analyst III=09=09$49,000 (rated 3) Analyst III=09=09$60,000 (rated 1 or 2) Trading Analyst=09$50,000 (new hires)=09=09$10,000*=09$3,000 Associate=09=09$76,000=09=09=09=09$25,000=09=09$10,000=09=09=09=09 Associate II=09=09$81,000=09=09=09=09$25,000=09=09$10,000=09=09=09=09 *Plus $10,000 if sign non-compete
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