Agency.com reportedly is facing a"compensation scandal" this week after an employee inadvertently sent a"large percentage" of the company's New York staff a spreadsheet containingemployee compensation, and in some cases, compensation history.
Agency.com reportedly is facing a "compensation scandal" this week after an employee inadvertently sent a "large percentage" of the company's New York staff a spreadsheet containing employee compensation, and in some cases, compensation history.
Apparently vice presidents' salaries range from $105,000 to $177,500, and creative directors ranging from $65,000 to $123,000, according to the Silicon Alley Reporter newsletter.
Co-founders Kyle Shannon and Chan Suh reportedly addressed the problem quickly by sending an email to the staff asking employees to delete the file and requesting that employees with concerns discuss them directly with the co-founders or with their managers personally.
SAR said that according to sources, the file was sent to inform employees of their vacation days, but also contained the sensitive information.
"It was an accident, and it was certainly not intentional," one employee who has been with the firm for over a year was quoted as saying. "It was a bizarre thing -- it was like a dream."
The complete payroll for the 251 salaried positions listed in the spreadsheet was nearly $18.2 million with an average salary of $72,360, according to SAR.
The listed compensations for Agency.com's CEO, CFO, and Chief Creative Officer reconcile with those included in the company's S-1 filing. Suh makes $155,000, Shannon (CCO) $150,000, and CFO Kenneth Trush earns $150,000.
Revolutionize your digital marketing campaigns at ClickZ Live San Francisco (August 10-12)!
Educating marketers for over 15 years, our action-packed, educationally-focused agenda offers 9 tracks to cover every aspect of digital marketing. Join over 500 digital marketers and expert speakers from leading brands. Register today!
US Consumer Device Preference Report
Traditionally desktops have shown to convert better than mobile devices however, 2015 might be a tipping point for mobile conversions! Download this report to find why mobile users are more important then ever.
E-Commerce Customer Lifecycle
Have you ever wondered what factors influence online spending or why shoppers abandon their cart? This data-rich infogram offers actionable insight into creating a more seamless online shopping experience across the multiple devices consumers are using.