re : martin lin stinson ,
thank you for following up promptly with support on martin lin . i spoke with
vince regarding a conversation i had with compenstation yesterday .
compensation has recently comleted an analysis for vince ' s group and
determined that the appropriate salary for managers in research should be
90 , 000 .
the following will be his pay structure :
effective august 1 , 2000
job title manager
base salary $ 90 , 000
retention bonus $ 10 , 000 ( ending 8 / 1 / 2001 )
please provide a job title that you would feel appropriate for this positon .
if you would like to discuss please let me know .
norma
x 31545
stinson gibner
08 / 23 / 2000 08 : 46 am
to : norma villarreal / hou / ect @ ect
cc : vince j kaminski / hou / ect @ ect
subject : martin lin
norma ,
thanks for your excellent suggestion of using a retention bonus for martin
lin in order to address both the issues of compensation and retention for
him . as i mentioned during our meeting , just my small team within research
has lost 3 people over about the last 2 years , and we have had a hard time
recruiting good candidates . last year we made an offer to a person
graduating from ut ( ms in computational finance ) of 75 k plus 25 k signing
bonus . he replied that he would like to work at enron but was already in
the position of turning down an offer with a base salary above $ 100 k .
martin is a very skilled individual with a ph . d . in electrical engineering
and almost two years experience at enron . he would be very difficult ( and
expensive ) to replace . for this reason i feel it necessary to be proactive
in finding ways of retaining him as an employee .
please let me know if we have a green light to go forward with a 1 - year
retention bonus of 10 k and a raise to 87 k base salary for mr . lin . i would
plan to then give martin an additional raise at his next review period .
regards ,
stinson
x 34748
re : martin lin
stinson ,
thank you for following up promptly with support on martin lin . i spoke with
vince regarding a conversation i had with compenstation yesterday .
compensation has recently comleted an analysis for vince ' s group and
determined that the appropriate salary for managers in research should be
90 , 000 .
the following will be his pay structure :
effective august 1 , 2000
job title manager
base salary $ 90 , 000
retention bonus $ 10 , 000 ( ending 8 / 1 / 2001 )
please provide a job title that you would feel appropriate for this positon .
if you would like to discuss please let me know .
norma
x 31545
stinson gibner
08 / 23 / 2000 08 : 46 am
to : norma villarreal / hou / ect @ ect
cc : vince j kaminski / hou / ect @ ect
subject : martin lin
norma ,
thanks for your excellent suggestion of using a retention bonus for martin
lin in order to address both the issues of compensation and retention for
him . as i mentioned during our meeting , just my small team within research
has lost 3 people over about the last 2 years , and we have had a hard time
recruiting good candidates . last year we made an offer to a person
graduating from ut ( ms in computational finance ) of 75 k plus 25 k signing
bonus . he replied that he would like to work at enron but was already in
the position of turning down an offer with a base salary above $ 100 k .
martin is a very skilled individual with a ph . d . in electrical engineering
and almost two years experience at enron . he would be very difficult ( and
expensive ) to replace . for this reason i feel it necessary to be proactive
in finding ways of retaining him as an employee .
please let me know if we have a green light to go forward with a 1 - year
retention bonus of 10 k and a raise to 87 k base salary for mr . lin . i would
plan to then give martin an additional raise at his next review period .
regards ,
stinson
x 34748