In Houston, at least, there’s hope that economic sense may be getting applied in regards to executive compensation. Now, if only this were a national trend, maybe my 401k would be worth something! Still, I’d be remiss not to comment on the ConocoPhillips bonuses: 8 figure bonuses should not be given out to executives presiding…
Category: Business
College Grads & What’s Ahead
This spring’s college grads are left jobless and wondering: Was it worth it? Shaila Mentore’s editorial makes me want to gag. Apparently Shaila and her fellow graduates are entitled to jobs that pay well and allow them to do exactly what they want to do. Welcome to adulthood, little lady. Very, very few people are…
Airline Exec Idiocy
A bonus plan for Continental Airlines executives could let some executives earn double their salaries; meanwhile, layoffs of hundreds of Continental pilots went into effect Friday. Is it American all over again? Judging from the tone of the article, unions at Continental aren’t as strong. What’s fascinating about this article is the starting salary number…
Indian IT in a Bind?
Good! According to CNN, software developers in India are having a tough time of it. Isn’t that a crying shame? These are the guys and gals stealing the bread out of my family’s mouths; I’m not at all inclined toward sympathy. 5/their rates fall and unemployment rise as it has for my co-workers and friends…
Instant Concert CDs
Selling “instant” recordings of a music concert minutes after the show ends is a terrific idea! It’s the smartest thing anyone in the music biz has done in years. I only wish I’d thought of it first!
Cell Phone Blues
The battery on my cell phone keeps dying! Heck, the darn thing was completely dead most of yesterday and I didn’t even know it. It’s less than one year old. I could replace it, no big deal. But I’ve got my eye on a Pocket PC PDA/phone combination and would like to switch carriers. Here’s…
CEOs Earnings Up
This even though earnings are down.. This is a very interesting article. Apparently being a CEO is an even sweeter deal that it seems since it’s virtually impossible to get fired from this position without, at the very least, taking a few million in ill-gotten booty home with your name plate.
Good Companies
Here’s a list of companies who have “have expanded their pay differential and medical coverage policies for Reserve and National Guard members called to active duty”.
American Air Execs Full of Hot Air
Eating apparently wasn’t going to be a problem for American Airline execs, at least until their unions found out about new executive comp plans and raised the roof with their objections. I hate to say it, but I’ve finally seen a use for labor unions. Somebody’s got to keep an eye on corporate leaders who…
Keep Your Cell Phone #
Mobile Phone Industry: “users should switch digits when switching carriers”. Hhhmmm….let me think about that. Uh, NO!!! “It’s very speculative to say this even offers consumer benefits,” they say. Malarkey. Many consumers stick with a company that they are unhappy with simply to avoid changing their number. Of course, the whole idea of a phone…