"If I achieve both hidden objectives, then you pay me periodic bonuses. As you mentioned, my salary for eighteen months is forty-five. The bonus is three payments of thirty each, payable at six, twelve and eighteen months."
Obviously enjoying himself, Peter says, "Good idea to use local media as a reference for whether Ferro"s intent to sell is still secret. How a communication manager expects to keep profit steady, however, is beyond me."
"Let"s postpone discussion about how I might accomplish either objective until we agree upon my compensation, Mr. Marriott. I recommend a total compensation of a hundred and thirty-five thousand."
"Too steep. I can beat that with my own staff. We pay you two bonus payments of thirty apiece at nine months and eighteen months. That's still a total of a hundred and five thousand, Jill."
"Publish Doc's Talks out of Ferro offices in Las Vegas and the Reno business editors will spill your secret in three months. Besides, a legal staff can't write award-winning copy with local flair," I tell him. "My offer to keep profit steady actually provides a return on your investment you did not intend. That alone is worth the extra thirty."
He takes a notepad and a fountain pen from his pocket, removes the cap and jots notes, scribbles some numbers and looks up. He looks at his calculations, seeming to ponder them for a moment and says, "Too high. My offer of a hundred and five thousand for eighteen months is fair, Jill."
"It's a fair offer for keeping the sale out of the media," I tell him. "You pay me the two bonuses of thirty each at six and twelve months. If profit as a percent of revenue has remained steady throughout the eighteen months, pay me the last bonus. If it hasn't, then don't." Wait as he glances at his notebook. "Now that's fair, Mr. Marriott."
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License