Wednesday, May 7, 2014

Meeting on Executive compensation

There was a labor clause in the Coke Union contract which required management to consult before implementing a change in executive compensation.

Thus Coke Bear invited Labor Bear to a briefing at which Coke noted the world wide Coke production situation stressing the many countries that Coke could be produced without using union labor. Naturally Labor bear wasn't too pleased. 

Somehow, Hard Rock Bear and Graduation bear got to be spectators. Hard Rock reminded everyone that he was 'very unique' and Grad was interested in what type of beverage would be served (and was disappointed when none was).

This was all occasioned by developments in the 2014 Executive compensation program for Coca Cola. That issue is briefly discussed here.

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