2023-04-19

'Pity City' if you ask the CEO about bonuses, while they keep theirs.

https://www.businessinsider.com/millerknoll-ceo-tells-employees-not-ask-about-motivation-without-bonuses-2023-4

Owen continued: "I had an old boss who said to me one time: 'You can visit pity city, but you can't live there.' So people: leave pity city, let's get it done. "

The company spokesperson told Insider that MillerKnoll won't determine bonuses until the end of its fiscal year in May, and that Owen's bonus would be impacted if the furniture company fails to meet its financial goals. Owen did not respond to a request for comment from Insider ahead of publication.

In MillerKnoll's 2022 fiscal year, Owen was paid about $4.98 million in total compensation, including bonuses and stock awards, according to a filing with the Securities and Exchange Commission. The filing states that executive bonuses are "consistent with other salaried employees" and are "based upon performance against predetermined goals during the fiscal year."

 See for yourself -

 

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