Following from last week’s post profiling the vomit-inducing whopping pay packets received last financial year by Minter Ellison partners (after apparently sacking a mother of five, no less), we received the following excellent info last night from an anonymous Minters spy:
The GFC must be over… Minter Ellison‘s Sydney office has just replaced the old coffee cups on each floor with shiny new Minter Ellison branded ones. Will the pay freeze be next thing to be replaced?
A partner cash splash … on coffee cups?!
When selling the pay freeze to the media, Minter Ellison chief John Weber apparently said the following:
Limiting salary increases was not an easy decision, but it was one that we felt was appropriate, given the prevailing market conditions and to preserve jobs. Partners will also be lowering their earnings next financial year.
Plenty of talk about cuts in discretionary-spend but surprisingly no mention of a change to the coffee cup situation. What gives?!
Should branded coffee-cups remain the stonghold of Starbucks?
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