Pac-12 paid performance bonuses to executives and staff prior to major downsizing move
The Pac-12 distributed performance bonuses to employees in its San Francisco headquarters, from commissioner Larry Scott to mid-level managers, approximately one month before half the staff was laid off or furloughed, the Hotline has learned.
Four employees from the Pac-12 Networks confirmed that their bonuses were paid this summer for performance in the 2020 fiscal year. Each requested anonymity because of the personal nature of the issue. One was willing to state the amount of the bonus: $10,000. Another indicated some bonuses covered a gamut in the four- and lower-five-figure range.
All four said they usually received bonuses in September or October for the prior fiscal year and were surprised by the expedited timeline.
Bonuses for employees on the conference side were also paid in July, which is the standard schedule for that division
One month later, the Pac-12 laid off or furloughed 94 of its 196 employees.
The Pac-12 distributed performance bonuses to employees in its San Francisco headquarters, from commissioner Larry Scott to mid-level managers, approximately one month before half the staff was laid off or furloughed, the Hotline has learned.
Four employees from the Pac-12 Networks confirmed that their bonuses were paid this summer for performance in the 2020 fiscal year. Each requested anonymity because of the personal nature of the issue. One was willing to state the amount of the bonus: $10,000. Another indicated some bonuses covered a gamut in the four- and lower-five-figure range.
All four said they usually received bonuses in September or October for the prior fiscal year and were surprised by the expedited timeline.
Bonuses for employees on the conference side were also paid in July, which is the standard schedule for that division
One month later, the Pac-12 laid off or furloughed 94 of its 196 employees.
