ARTICLE
HOCKEY
DEVILS EXECUTIVES ASK STAFF TO TAKE PAY CUT, REVERSE DECISION, ISSUE APOLOGY
MIKE ARMENTI MARCH 24, 2020 · 14H58 |
The Founder of Harris Blitzer Sports & Entertainment, Josh Harris, has issued a formal apology to staff and fans after making a bit of an unethical business decision.
QZ
Harris had asked salaried employees to take a 20% pay cut, temporarily, to help save the company some money amid the COVID-19 pandemic, which has forced teams and their front offices into a bit of a standstill until such a time as the pandemic recedes and operations resume.
This is in line with reports, from earlier Tuesday morning, that the NHL would ask office staff to agree to reduced pay. The New Jersey Devils are the first known team to have asked staff to agree to such a reduction, while receiving their full benefits package.
Harris' statement reads:
Our commitment has been to do our best to keep all of our employees working through this very difficult situation. As part of an effort to do that we asked salaried employees to take a temporary 20% pay cut while preserving everyone's full benefits -- and keeping our 1500 hourly workers paid throughout the regular season. After listening to our staff and players, it's clear that was the wrong decision. We have reversed it and will be paying these employees their full salaries. This is an extraordinary time in our world - unlike any most of us have ever lived through before - and ordinary business decisions are not enough to meet the moment. To our staff and fans, I apologize for getting this wrong.
It's great to see that the decision has been reversed and all of the hard working employees will receive their full pay during a time of such stress, anxiety and uncertainty.
QZ
Harris had asked salaried employees to take a 20% pay cut, temporarily, to help save the company some money amid the COVID-19 pandemic, which has forced teams and their front offices into a bit of a standstill until such a time as the pandemic recedes and operations resume.
This is in line with reports, from earlier Tuesday morning, that the NHL would ask office staff to agree to reduced pay. The New Jersey Devils are the first known team to have asked staff to agree to such a reduction, while receiving their full benefits package.
Harris' statement reads:
Our commitment has been to do our best to keep all of our employees working through this very difficult situation. As part of an effort to do that we asked salaried employees to take a temporary 20% pay cut while preserving everyone's full benefits -- and keeping our 1500 hourly workers paid throughout the regular season. After listening to our staff and players, it's clear that was the wrong decision. We have reversed it and will be paying these employees their full salaries. This is an extraordinary time in our world - unlike any most of us have ever lived through before - and ordinary business decisions are not enough to meet the moment. To our staff and fans, I apologize for getting this wrong.
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It's great to see that the decision has been reversed and all of the hard working employees will receive their full pay during a time of such stress, anxiety and uncertainty.
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