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亏损加剧,这位CEO自愿降薪10%

亏损加剧,这位CEO自愿降薪10%

CHRIS MORRIS 2023-10-07
以确保还没被解雇的员工今年都能实现加薪。

容器商店集团(Container Store)首席执行官萨蒂什·马尔霍特拉的收入将暂时减少。图片来源:JUSTIN SULLIVAN/GETTY IMAGES

虽然容器商店集团面临着实实在在的零售逆风,但由于公司首席执行官的努力,一些员工今年仍有望加薪。

萨蒂什·马尔霍特拉自愿减薪10%,以帮助抵消公司其他人加薪的成本。在提交给美国证券交易委员会(Securities and Exchange Commission)的一份文件中,该公司指出,马尔霍特拉的年薪将从92.5万美元降至83.25万美元,为期六个月。

去年,马尔霍特拉的总薪酬为257万美元。

目前尚不清楚员工的平均加薪幅度。

容器商店集团公布的最新季度财报显示,经调整后净亏损为1010万美元,比去年同期增加了2000多万美元。今年5月,该公司宣布了一轮裁员计划,影响了大约15%的支持中心员工和3%的配送中心和门店员工。受裁员影响的确切人数并未披露。

作为该行动的一部分,马尔霍特拉签署了公司首席法务官起草的一封信,表明自己同意以下内容:他并不认为减薪违反了合同,并放弃因临时减薪而“有正当理由”离职的权利。如果他选择这样做,他将有资格获得遣散费,其中包括两倍的基本工资。

这封信的措辞表明,该公司没有开始寻找新领导人的计划。

首席法务官塔莎·格林内尔(Tasha Grinnell)写道:“感谢您为公司做出的贡献。期待在您的领导下,继续我们的合作之旅。”(财富中文网)

译者:中慧言-王芳

虽然容器商店集团面临着实实在在的零售逆风,但由于公司首席执行官的努力,一些员工今年仍有望加薪。

萨蒂什·马尔霍特拉自愿减薪10%,以帮助抵消公司其他人加薪的成本。在提交给美国证券交易委员会(Securities and Exchange Commission)的一份文件中,该公司指出,马尔霍特拉的年薪将从92.5万美元降至83.25万美元,为期六个月。

去年,马尔霍特拉的总薪酬为257万美元。

目前尚不清楚员工的平均加薪幅度。

容器商店集团公布的最新季度财报显示,经调整后净亏损为1010万美元,比去年同期增加了2000多万美元。今年5月,该公司宣布了一轮裁员计划,影响了大约15%的支持中心员工和3%的配送中心和门店员工。受裁员影响的确切人数并未披露。

作为该行动的一部分,马尔霍特拉签署了公司首席法务官起草的一封信,表明自己同意以下内容:他并不认为减薪违反了合同,并放弃因临时减薪而“有正当理由”离职的权利。如果他选择这样做,他将有资格获得遣散费,其中包括两倍的基本工资。

这封信的措辞表明,该公司没有开始寻找新领导人的计划。

首席法务官塔莎·格林内尔(Tasha Grinnell)写道:“感谢您为公司做出的贡献。期待在您的领导下,继续我们的合作之旅。”(财富中文网)

译者:中慧言-王芳

While the Container Store is facing some very real retail headwinds, some employees can still expect a raise this year, thanks to the company’s CEO.

Satish Malhotra has voluntarily reduced his salary by 10% to help offset costs of pay increases for others at the company. In a filing with the Securities and Exchange Commission, the company noted Malhortra’s annual salary would drop from $925,000 to $832,500 for a six-month period.

Last year, Malhotra’s total compensation came in at $2.57 million.

It was not made clear what the average increase would be for employees.

The Container Store reported an adjusted net loss of $10.1 million in its most recent quarterly results, more than $20 million worse than the same period a year ago. In May, it announced a round of layoffs that affected roughly 15% of its support center workers and 3% of the employees at its distribution centers and stores. The exact number of people affected by the cuts was not disclosed.

As part of the action, Malhotra signed a letter from the company’s chief legal officer agreeing that he did not view the salary reduction as a breach of his contract and was waiving his right to leave for “good reason” due to the temporary pay cut. Had he chosen to do so, he would have been eligible for severance benefits that include twice his base salary.

The language of the letter indicated there are no plans for the company to begin a search for a new leader.

“Thank you for your contributions to the company,” wrote chief legal officer Tasha Grinnell. “We look forward to continuing our journey together with your leadership.”

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