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Technology Stocks : PCW - Pacific Century CyberWorks Limited
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To: ms.smartest.person who wrote (1300)5/29/2001 11:38:33 PM
From: ms.smartest.person  Read Replies (1) of 2248
 
PCCW's Transferred Staff to Get 30% Less Wages: HKET

May 30, 2001 - 10:48:10 HKT
Quamnet News Service
Pacific Century CyberWorks (0008), Richard Li's Asian communications vehicle, has asked 60 staff at the customer service center to transfer to sales and marketing jobs, the Hong Kong Economic Times reported. The unsourced report said the transferred staff will get just 70 percent of their present salaries with the remaining 30 percent payable only if they meet a sales quota of HK$300,000 to HK$450,000.

PCCW will pay the transferred staff their present salaries in the first two months of new jobs, the paper quoted a spokesman for the company as saying. The monthly sales quota for the first six months will be set lower than normal, but will be raised to the normal level gradually, the paper said.

PCCW will also start moving north its "1083" telephone enquiry service in Guangzhou in August, the spokesman said.


quamnet.com
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