Country clubs

Amidst all the ‘cultural change and D&I’ happening, it’s the OCE that continues to harken back to the country club days.

A classic Farr move, often seen wearing a masters polo shirt, St. Louis CC, Bellerive, or other country club shirt.

OCE members continue to proudly sport their country club polos. It particularly grinds my gears when it is at a new site opening, or PR opportunity. RK and MB, seen on their India trips at new site openings/facility upgrades sporting their Firestone and Pinehurst apparel; almost certainly paid for by the company from a golf event, annual retreat, or boondoggle. I have no problem with business casual, but for gods sake can you just wear a plain brooks brothers shirt. It gives the impression that RK inherited the Firestone membership from TDB. I wonder if Lal now has the Augusta membership.

It is widely known that Emerson has sponsored country club memberships for all VPs and some directors in most divisions. Group presidents or larger BU presidents often had 10k-50k+ initiation fees, monthly dues fully covered. I understand some of that is now being unwound, along with the leased vehicle perks and private jet & helicopter collection…good riddance to all the corporate waste in a quest to achieve peak OP.

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Yes correct. They took it from everyone. Most are still holding on but paying monthly fees themselves.

So, you’re saying the President and CEO no longer has a CC membership? COO and Platform Exec. Presidents as well?

They took it away from everyone including corporate executives.

All BU Presidents plus Group Presidents lost their CCs. Not sure about the Senior Corporate Executives.

Did the BU presidents get to keep their CC memberships

So we feel bad for our highest paid employees losing a piece of their compensation? Emerson execs are soulless drones. They were quiet during years of Farr. They can stay quiet about their compensation.

The issue the people who lost CCs have is they have been told by EMR Corp. Exec. Comp. for the last 50 years that the CC membership was considered part of their compensation package and should be included when comparing pay packages to outside companies. Supposedly a part of the executive retention plan. When they took the CCs away from everyone (except some of those at Corporate) there was no adjustment to their comp package to offset the loss. EMR just took the savings to the bottom line and the employees were left holding the empty bag. I agree with getting rid of the CCs but the way the employee was treated in the transition was very poor.

Whats the latest on the leased vehicles?

The current head of MESC used to fill his cube with tacky CC/golf swag. He thinks it makes him look cool.

True you are taxed on the personal use portion but reporting is easily manipulated. Same thing with personal use of company vehicles….report in monthly (or have your admin do it) of the % of personal/business use.

Do you think DNF was keeping a steno pad jotting down each of his trips and mileage in his Benz? I think not.

Agreed- that is in your face. I always though being a member at a lunch / dinner establishment made sense for executives.
The cc perk wasn’t a great deal as the corp member pays taxes on the personal “visits”, not the amount spent.

Thread regarding Emerson Electric Co. layoffs

Country clubs

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