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Report: ESPN Asks Top Talent to Take Substantial Pay Cut
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[QUOTE="J187Money, post: 3516331, member: 718"] Hard part about the salary cuts - not for the talent, but for the exec team - is that the bonus pools will likely be 0% this year. Meaning that if you had a contract that was $X in salary with a 50% bonus opportunity - you already gave up 1/3rd of your total comp just by showing up (assuming you typically get paid out). Taking another 20/25/30% on top of that is rough. The EVP level folks are probably at 100% bonus pool. Meaning they are taking a 65% cut if they take a 30% salary cut. [/QUOTE]
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Report: ESPN Asks Top Talent to Take Substantial Pay Cut
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