Subject: fw : new salary levels
perhaps we need to look at our managers and directors again . independently of below it seems appropriate to review key personnel comp following mid year prc . what do you think .
fyi we have most managers at $ 90 k and directors at $ 115 .
david
- - - - - original message - - - - -
from : bland jr . , ted c .
sent : wednesday , july 25 , 2001 10 : 56 am
to : oxley , david ; davies , neil ; buckley , karen ; jones , robert w . - hr exec ; pieper , kalen ; barnard , marla ; knudsen , sheila a . ; smith , gary ; gilchrist , scott ; walton , sheila ; joyce , mary ; chapman , jon ; white , leesa ; doucet , dawn ; fitzpatrick , amy
cc : lemmons jr . , billy ; warner , traci
subject : fw : new salary levels
sensitivity : confidential
please see below . these will be the new salary levels for the analyst and associate program . they will go into effect on feburary 1 , 2002 for all analysts and associates rated 4 or better and for the offers being extended with start dates after that date ( 2 / 01 / 02 ) . those aa ' s rated at the 5 level will not receive a raise until they bring their rating up to the 4 or better level at the next prc . i have provided the old salary levels for your information as well as the new levels . this is the first increase since january of 2000 and brings us up to competitive levels with our competitors in both houston and elsewhere . . these numbers are highly confidential and are not to be released at this time to the program . however , they will be included as part of the new offer that will go out to the summer interns we want to bring back as full time aa ' s ( it is anticipated that these offers will be part of the exit interview with aa recruiting ) . if you have any questions , please feel free to call me . ted
new salary levels :
sign - on gtd performance options
analyst i $ 47 , 000 $ 10 , 000 $ 3 , 000
analyst ii $ 52 , 000 $ 10 , 000 $ 3 , 000
analyst iii $ 56 , 000 ( rated 3 )
analyst iii $ 65 , 000 ( rated 1 or 2 )
trading analyst $ 57 , 000 ( new hires ) $ 10 , 000 * $ 3 , 000
associate $ 83 , 000 $ 25 , 000 $ 10 , 000 $ 10 , 000 * *
associate ii $ 87 , 000 $ 25 , 000 $ 10 , 000 $ 10 , 000 * *
* plus $ 10 , 000 if sign non - compete
* * options can go as high as $ 30 , 000 if needed to close deal
old salary levels :
sign - on gtd performance
analyst i $ 40 , 000 $ 10 , 000 $ 3 , 000
analyst ii $ 45 , 000 $ 10 , 000 $ 3 , 000
analyst iii $ 49 , 000 ( rated 3 )
analyst iii $ 60 , 000 ( rated 1 or 2 )
trading analyst $ 50 , 000 ( new hires ) $ 10 , 000 * $ 3 , 000
associate $ 76 , 000 $ 25 , 000 $ 10 , 000
associate ii $ 81 , 000 $ 25 , 000 $ 10 , 000
* plus $ 10 , 000 if sign non - compete