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Politics : Formerly About Advanced Micro Devices

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To: greg nus who wrote (27880)1/14/1998 1:39:00 PM
From: Paul Engel  Read Replies (1) of 1582843
 
greg - Re: " We worked like Dogs for them this year and no Christmas
bonus. So much for Intel taking care of i's people. Get lost!"

Let me give you the FACTS greg - the REAL FACTS.

Intel yesterday declared their ECBP - Employee Compensation Bonus Plan. All eligible employees will receive a BONUS of 29.9 days wages (assuming they worked all year at Intel in 1997) for 1997. Part of that has already been paid for perfromance in the first 6 months of 1997.

That amounts to an 11% ANNUAL BONUS for these employees.

Please note that this applies to all eligible Intel employees.

Intel's employees are well compensated for their performance

The Executive Bonus plan is separate.

Paul
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