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Enron Mail |
Vince:
Here is an explanation of what a 12 month package for Anjam actually entails. It seems to me that Anjam's interest in getting an expat package is mostly about money. Based on the UK HR's read of Anjam, they think he will jump. I have a telephone conference with Anjam at 11:00. My stance will be 110 is firm. We will help with the transition via a one time settlement: flat rental issues, 500lbs of air shipping for moving furniture, maybe one trip back to UK a year, but no more. Re: his concerns of having a place in London should he want to return, I will say that Vince would be far better at finding a good spot for you than any HR type, so that part of the "package" promise is not particularly important. Any guidelines for me to follow, coach? Regards, Grant. ---------------------- Forwarded by Grant Masson/HOU/ECT on 08/11/2000 08:44 AM --------------------------- Tara Rozen 08/11/2000 05:44 AM To: Grant Masson/HOU/ECT@ECT cc: Melanie Doyle/LON/ECT@ECT, Jane Allen/HOU/ECT@ECT Subject: Re: Houston Research Opportunity Grant Not sure if I told you that I work Mon, Wed, Friday hence the delay in responding. Sorry if I forgot to tell you! Another contact name in my absence who will be able to assist is Jane Allen in Houston (cc'ed above). Three main reasons we try to stay away from assignments to the US for this type/level of transfer are: 1)cost 2)equitability among other peers 3)difficulty in transferring employee to local package from assignment package. However, if this is truly a 12 month assignment with no intention of extension, we would normally do the following: 12 month assignment London base, car allowance, and benefits and National Insurance contribution costs (currently 12.2% of all comp compared with 1.45% of all comp plus 6.2% up to max of $76K of employers US contribution) Housing costs in Houston paid if maintaining housing in the UK (usually up to $1800 per month for single) Utility costs if maintaining a house in the UK - up to $100 per month Home Leave - two economy trips per year is standard Transportation to/from assignment - economy class Transportation in Houston - we normally give this - up to $40 per day for rental car in addition to the person's car allowance as they normally do not require a car in the UK and take the car allowance as a cash benefit whereas they will require a car in Houston. Shipment of goods - 500lbs air Tax Assistance Disturbance allowance - normally pay approx $1000 So, in terms of costs if you just compare a local US salary of Manager on $100K to a local UK Manager on o68K the US total cost is approx $120K. The UK cost is approx $230K. Then if you add the above costs to the assignment, you will see an even greater increase in cost compared with the local peers, ie approx $280K compared with $120K. We do have the ability to change the above in any way as there is no set policy; however, Anjam has already brought up other people's assignments and I have a feeling he will do his best to find out what everyone else is receiving. If we make clear, though, that we are keeping on UK payroll but not providing any assignment type allowances just in order for him to maintain his pension contributions for the year and at which point a decision will need to be made (returns or moves to local US), then we may be able keep more consistency with your group while maintaining more reasonable costs. Not sure how you want to play this, though. Even if he does go on assignment rather than transfer locally, there is still the issue of whether or not a suitable job will be here at the end of the 12 months. We will always do our best to find suitable postions but we cannot guarantee it. If he transfers to a local US contract, Enron Europe's responsibility of finding suitable employment is pretty much nil. I hope this has made things clearer rather than more complicated. I honestly feel that Ajnam will absolutely not take this position if it is not on an assignment basis. He made it pretty clear that unless he could stay on UK payroll for 12 months, he would not transfer. Call me if you would like to discuss. Tara- x36763 Enron Capital & Trade Resources Corp. From: Grant Masson 09/08/2000 20:48 To: Tara Rozen/LON/ECT@ECT cc: Subject: Re: Houston Research Opportunity Tara: Thanks for the update. It seems Anjam is playing hard ball a little. My initial reaction is to be inflexible because it is a good offer, but on second thoughts, could you please give me an idea of what is meant by a 12-month assignment when you have a moment? Compensation, benefits, responsibilities, career path implications, etc. Many thanks! Regards, Grant.
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