Labor & Economic News Blog


Thursday, December 21, 2006

3M workers face pay overhaul

3M workers face pay overhaul
The e-mail sent to thousands of 3M employees recently hasn't inspired much holiday cheer. The Maplewood-based conglomerate is changing its compensation system for employees, including the elimination of stock options for about 5,500 to 6,000 supervisors and entry-level managers worldwide. That change will start in 2007.

 



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