General Motors is now paying Fritz Henderson, the guy the automaker ousted as CEO 3 months ago because he wasn't cutting it. He's back and gets paid $59,000 per month (yea, per month as in 30-days), for 20 hr of work as a consultant to their European operation.
59x12 is over $600,000 per year for being a part-time consultant. That seems like a lot of compensation.
General Motors stated that a man with this type of experience needs to be paid 'adequately'. What experience might that be, you would logically ask. Well, wouldn't you?
$59,000 per month for 20 hours. We could feed lots of people in Darfur with that money...or Camden, New Jersey, for that matter.
No comments:
Post a Comment