employees

This was originally posted at ZDNet's Between the Lines.

Intel on Monday told employees that it would reprice its employee stock options.

In a regulatory filing, Intel detailed plans to reprice stock options at a lower price, similar to what Google did. In addition, Intel said that it would freeze salaries of senior executives in 2009. But stock option grants are unaffected.

Intel shareholders will vote on the company's repricing proposal at its annual meeting May 20.

Here are a few details provided by Intel CEO Paul Otellini in a memo to employees:

Intel is granting all eligible … Read more

Updated at 4:55 p.m. PT to correct when employees first received the memo.

Though Hewlett-Packard briefly mentioned during its earnings call Wednesday that it would be reducing compensation across the board, employees got an explanation from management in a detailed memo starting that same afternoon.

Chief executive Mark Hurd sent a long memo to his employees Thursday morning detailing his decision to cut salaries and reduce benefits in order to avoid further layoffs in this recession-battered economy.

Hurd frames his decision as "pretty straightforward." He will take a 20-percent pay cut, executive council members will take … Read more

Creating good User Experiences (UX) over and over again means creating first good Employee Experiences (EX - I'm trademarking that!). That's the lesson from Southwest airlines according to an NY Times article about retiring co-founder Herbert Kelleher:

Over the years, whenever reporters would ask him the secret to Southwest's success, Mr. Kelleher had a stock response. "You have to treat your employees like customers," he told Fortune in 2001. "When you treat them right, then they will treat your outside customers right. That has been a powerful competitive weapon for us."...

[W]hen … Read more

Yahoo laid out its golden parachute plans for all of its full-time employees Tuesday, in a filing with the Securities and Exchange Commission. The filing outlines two change-in-control severance plans, should the Internet search pioneer find itself under new ownership, aka Microsoft.

Yahoo, which is facing an unsolicited buyout bid from Microsoft, will offer both full-time employees and executives anywhere from four months to two years of severance pay, depending on their job title.

The parachute, or cushion, will kick into effect should that employee lose his job within two years after a new owner takes over, should she get … Read more

IPOs (initial public offerings) are a huge event in a company's life and definitely worthy of celebration. That said, they're not the be all and end all that many expect them to be. Just ask the folks at Vonage what they think of their post-IPO fortunes.

Just as many things can go wrong after an IPO as before. And public companies have increased legal and financial scrutiny, plus the Sarbanes-Oxley tax to boot.

Sure, IPOs are a liquidity event, but that doesn't mean you'll necessarily cash out before things fall apart. The following ten companies, which I followed for some reason or other, fizzled after their IPOs:… Read more

A piece of land owned by Hewlett-Packard since 1963 was sold to two nonprofit groups for $4 million, according to the Associated Press.

The 534-acre property, known as Little Basin, is located in the Santa Cruz Mountains and has long been used for company picnics, events and camping trips. The land is reportedly worth $13 million, and HP says it is selling it because the company's employees are not all located in or near the PC maker's San Francisco Bay Area headquarters.

"It's not a cost issue. Basically we had a minority of employees who were … Read more