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.
Some Background
Tuesday, March 2, 2010
Subscribe to:
Post Comments (Atom)
The Articles
-
▼
2010
(47)
-
▼
March
(11)
- MLB Spring Training: "Hey, mister can you autograp...
- MLB Spring Training: How to Get into the BallPark ...
- MLB Spring Training: Hey Stupid, You Left Your Lig...
- MLB Spring Training: A Smile Might be Worth a Thou...
- MLB Spring Training: They all want to tell you whe...
- MLB Spring Training: "I need to check your bag"!
- Major League Baseball and the Smell of Hot Dogs
- Foreclosure More Profitable than Loan Modification...
- Six Flags Theme Park Management MAY be On the way ...
- Someone Explain General Motors to US!
- The Fastest Way to Receive "Hits" on Your Blog...
-
▼
March
(11)
No comments:
Post a Comment