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Warner Music Executive Payments
Submitted Sunday, March 18, 2007 / Views 87 / Comment (1)
"In human life, art may arise from almost any activity, and once it does so, it is launched on a long road of exploration, invention, freedom to the limits of extravagance, interference to the point of frustration, finally discipline, controlling constant change and growth." Susanne Langer (1895-1985)
Commentary
In these times of major record label mergers, downsizing, the slashing of label rosters, and thousands of record company jobs being lost over the last three yearsnot to mention the enormous sea change and seismic shifts that technology has wroughtcomes one of the most disturbing reports we have come across. It further reveals just how profoundly out-of-touch certain companies TRULY are when addressing the problems within their own record divisions. The Financial Times reported 'Warner Music, paid its top five executives more than $21m in salary and bonuses following last year's $2.6bn acquisition of the US music group by a private equity consortium.' The article continues that of the top management, Edgar Bronfman Jr, the Chairman who led last year's buy-out, received a $1M salary and $5.25M bonus. Lyor Cohen, head of the US recorded music business, received $1M and $5.24M in salary and bonus, respectively. Paul Rene Albertini, head of Warner's international operations, was paid $1.25M in salary and a $3.15M bonus. Departing Warner/Chappell CEO, Les Bider, received a $2.44M total payment. These payouts include further guaranteed bonuses or change of control payments. According to documents filed with the U.S. Securities and Exchange Commission, last year's total executive remuneration was more than three times higher than Warner Music's $7M operating income for the 10 months to September 30th. The management payments reflect Warner's success in cutting costs following last year's sale of the Music Group by Time Warner. The company expects to deliver $250M of annualized savings by May this year, achieved mainly through 1,600 job losses.
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How to Give Yourself a Raise with an Online College Degree
Submitted Sunday, March 18, 2007 / Views 66 / Comment (0)
There are many people today from all walks of life who are getting an online college degree from home. Dollar for dollar, an online college degree or post graduate work pays off.
The quickest way to give yourself a raise is to receive your certification in an area in which you are all ready working. Examples where board certification is pertinent include technical and vocational fields to name a few.
Sometimes an online college degree is very necessary in these instances. In some cases you have previously learned the information required of you for these various certifications, but will need the necessary degree in order to advance in your particular field.
So, let's discuss possible uses of a college degree via distance education. Many who are presently working in technical and vocational fields enroll in online courses to restructure and enhance their careers, and receive additional certification status.
Examples of this occur on an on-going basis. A thirty year old immigrant from South America began working as a nurse's aid, and is presently in her second semester of training from home at an online college.
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How to Negotiate Rates with a Freelance Copywriting Expert
Submitted Sunday, March 18, 2007 / Views 74 / Comment (0)
Lots of people who seek out my copywriting services are concerned about money. Rightfully so. I'm a small business owner too, and I know what it is to have that do-it-yourself mindset. (It's exhausting!) But entrepreneurs like you and I often overlook the very reason to contract a job out in the first place. Which is: the terms of the contract and the amount of money spent are totally controlled by you!
The contracted project affords a win-win situation. This is not You vs. a Corporation; this is just an individual with a need, and a single service provider who can answer that need. Who wouldn't jump at the chance to negotiate a terrific deal on a job that's done to their exact specifications?
My guess is, the biggest reason people shy away from contracted jobs is the same reason people don't do a lot of things: Fear of the Unfamiliar. Allow me to familiarize you with the ways of the freelance writing world. Here's how to curb copywriting costs while getting the most bang for your buck!
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Never Hire Anyone Dumber Than You Are!
Submitted Friday, March 16, 2007 / Views 52 / Comment (0)
In a previous life I was a Navy Pilot. Great life, great people to be around. People who were all doing great things around the world flying off great big aircraft carriers. In an environment that complex and dangerous, you need to have teams of people working as one, or bad things begin to happen in large quantities.
The people onboard aircraft carriers are divided into two groups, those that make the ship float and those that make the planes fly. Those that make the ship float are known as "ship's company", and those that make the planes fly are with "the airwing". During one tour of duty, I was assigned to the "airwing staff". The airwing staff coordinated the activities of the ten aircraft squadrons deployed aboard the aircraft carrier. It was while working for our Airwing Commander, Captain Jerry Norris, that I would unknowingly learn what has to become my most valued rule as an entrepreneur.
Captain Norris was quite the character. A fighter pilot with all the fixings! Tall, handsome, and with enough confident charisma to handle any situation, be that in the air, on land, or at sea. But the truth of it is, none of the eight officers on the staff considered Captain Norris to be the sharpest knife in the drawer.
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Expert Help From Google Answers
Submitted Friday, March 16, 2007 / Views 62 / Comment (0)
Web users turn to search engines for answers to their questions. This is usually done through various levels of searching the engine's database. Sometimes though, no matter how hard they try, searchers can't find the information they need. Maybe they're not familiar with how to narrow and focus searches, or they may not have enough background in the subject they're researching to recognize the answer they need. Google Answers offers a solution.
With Google Answers, you hire an experienced researcher or specialist in your field of inquiry to provide answers to your questions. In a sense, this process works much like bidding on an item at eBay or hiring work done through a freelancer web site. You will create a Google Answers profile, a nickname, enter your credit card information, and when you post your questions, you specify how much you're willing to pay for answers and an expiration date for replies.
There is a 50 cent per question listing fee, and your payment offer for an answer can range from $2.00 to $200.00 currently. Your offered price needs to be high enough to justify and compensate the time a Google researcher will spend finding an answer. Researchers receive 75% of your offered fee, and Google receives the remainder to help support the Google Answers service. Once you receive an answer, your credit card will be charged the offer amount you made for that answer.
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