In Honor of Phil:
How about Sheryl and Sal next.
This is one email I bet they wished they had removed from the servers.
HEEEEEEEEEEEERRRS THE CHERRY AND PHIL SHOW...........
Please ignore prior email. This was erroneously
sent to the wrong
addressee regarding a matter not pertaining to anyone on this distribution.
Please delete from your email.
Thank you.
Sheryl Morgan
Director, Human Resource Operations
Spectra and Shiel Laboratories
(A Division of Fresenius Medical Care, NA)
tel: 201-767-7070 ext. 5845 fax: 201-768-6195
FYI...
If he responded yet I was not copied on it.
Sheryl Morgan
Director, Human Resource Operations
Spectra and Shiel Laboratories
(A Division of Fresenius Medical Care, NA)
tel: 201-767-7070 ext. 5845 fax: 201-768-6195
From: Philip Hayden/FIN/LX/US/FMC/Fresenius
To: Christian Madsen/MA/US/FMC/Fresenius,
Cc: Erin S Martino/LAW/WAL/US/FMC/Fresenius, Sheryl
Morgan/HR/NJ/US/FMC/Fresenius
Date: 02/02/2016 04:54 PM
Subject: Sales Director Compensation Question - Laboratory
Christian
As I meantioned in my voicemail a short while ago we have a time sensitive
compensation question that we would like to run by you.
We are in the process of establishing a sales director position for a new
market selling laboratory services to health systems. Based on the grade
of the position the salary range is from $107K to $161K. We have a very
attractive candidate in mind for this position who would leave her current
position in the medical device world where she has a sizable book of health
system clients.
She is looking for a package that will enable her to earn something
approaching her current salary level (approximately $38K) while she is
building her book of business in year one.
We would like to make the following offer:
Base Salary of $125K
Sign-on bonus of $50K payable within thirty days of date of hire.
Three additional $50K bonuses payable at the end of months 6, 9 and 12.
The payment of the bonuses is contingent upon her employment by the company
and her working toward developing the health system unit sales strategy.
This will effectively bring her package to $325K in year 1.
If she were to be terminated without cause in year 1 she would be eligible
for severance equal to one year's salary plus any unpaid bonus amounts.
If she were to leave the company without good reason or were terminated
with cause no severance or remaining bonus amounts would be payable.
In year 2 and thereafter she would receive the base salary of $125K and
commissions based on collected revenues at rates of 4% for first year
sales, 3% for the second year of an accounts collections and 2% for any
account collections in year 3 or thereafter.
Appreciate if you could respond via email if this is acceptable. If you
have any questions please feel free to give me a call at (201) 767-7070
x5811
Thank you very much for your assistance.
Phil