T.R | Title | User | Personal Name | Date | Lines |
---|
5312.1 | Chance for a bonus | ENGPTR::MCMAHON | | Mon Jun 02 1997 14:49 | 15 |
| Well, Harry Copperman sent out a memo on 4/30 within which was this:
"The Systems Business Unit contributed significantly to DIGITAL's
overall profitability. Our SG&A was eight points lower than in Q2.
Gross margin was higher than forecast. Inventory levels were
significantly more favorable quarter to quarter and relative to
forecast. Specifically, I would like to congratulate the Americas
for their efforts resulting in dramatic improvement in their
receivables position."
He goes on to say that the SBU is "on the hook for Q4 revenue" and that
he is "encouraged by our frontlog".
Sounds promising but of course, only time will tell.
|
5312.2 | Your optimism is amazing! | STAR::DIPIRRO | | Tue Jun 03 1997 12:04 | 12 |
| Pretty funny stuff. Hey, I've got some swamp land in Florida if any
of you people expecting a bonus are interested! We should dig up the
notes from a year ago to compare them. I remember how things looked
good in Q3 for the bonus possibilities. Then all was quiet.
Reorganizations in the SBU made it unclear who was actually part of the
SBU and contributing to the bottom line. Oh, bummer, looks like the SBU
as a whole really didn't do very well. We were below our numbers, but,
shucks, since we kind of did promise a bonus, looks like it'll be in
the 1-2% range...er, the 1-1.5% range...er, would you believe......?
I'll be pleasantly surprised when my bonus check arrives, and
please have the cardiac unit on standby if there are more than 3 digits
in the amount.
|
5312.3 | | SUBSYS::NEUMYER | Here's your sign | Tue Jun 03 1997 12:18 | 10 |
|
> I'll be pleasantly surprised when my bonus check arrives, and
> please have the cardiac unit on standby if there are more than 3 digits
> in the amount.
Does that include the .00? :-)
ed
|
5312.4 | Not as naive as I sound (in .1) | ENGPTR::MCMAHON | | Tue Jun 03 1997 14:26 | 13 |
| Actually, I should have put a smiley face at the end of my last line.
I don't write/respond as often as I'm tempted because I've grown so
cynical that I know that the notes/replies I'd enter would most likely
earn me some adverse notice up the food chain. Of course, being as
cynical as I am, I figure it's already happened.
I'm not betting the kid's college fund on getting [much of] a bonus
this year. As has been noted, even if we do make the numbers, the rules
can be changed at any time to negate them (witness last year).
But hey, with our variable compensation plan, even though we don't get
the kind of raise percentages we used to, at least when the company
really takes off again, the bonuses will be huge!!
|
5312.5 | | axel.zko.dec.com::FOLEY | Rebel without a Clue | Tue Jun 03 1997 15:29 | 5 |
| >at least when the company really takes off again, the bonuses will be huge!!
Pass that pipe around, I want what you are smokin'. :)
mike
|
5312.6 | I thought we had already taken off! | STAR::DIPIRRO | | Wed Jun 04 1997 11:58 | 5 |
| Based on the Business Week articles, we know one person whose bonus
will be huge, seeing as even when the company performance sucked, he
snagged the equivalent of $200 for every employee in the company. But
as many of you have pointed out (and in case he's reading this), he
deserved every penny...and then some!
|
5312.7 | Come on by! | ENGPTR::MCMAHON | | Wed Jun 04 1997 14:33 | 6 |
| re: .5
Mike, stop on by - I'm in 1-3 by pole D/B.9 (behind the Hopper conf
rm)!
Pat
|
5312.8 | | DECCXL::WIBECAN | That's the way it is, in Engineering! | Wed Jun 04 1997 14:41 | 6 |
| >> Mike, stop on by - I'm in 1-3 by pole D/B.9 (behind the Hopper conf rm)!
^ ^ ^
So that's where we get the 1-3-9 strategy. It all becomes clearer now...
Brian
|
5312.9 | | ENGPTR::MCMAHON | | Wed Jun 04 1997 18:14 | 5 |
| And note the proximity to the Hopper! 8-)
But please, don't associate me with that strategy - unless of course,
it involves a raise and promotion to Vice President! I can see it now,
Vice President of Numeric Strategies...
|