Yesterday I was “let go” from my job at Bonneville Phoenix. Not because I was bad, not because I don’t know what I’m doing, but because of the economy. Which I find particularly offensive since I only have said Good Things about The Economy. I never called it’s baby ugly. I never even flirted with its’ whiny wife, The Government.
Seriously, though, I am really sad about this, but I’m not angry. Bonneville is the best company I’ve ever worked for, and it will not be easy to find another company like them. No other media company contributes as much to their community as they do. No one treats their employees as well. They give you a 401k and a pension for crying out loud. Plus, they are arguably the most innovative company in radio, practically giving birth to HD Radio themselves despite representing only a blip in the industry. Of course their New Media initiatives are innovative as well, easily more than any other radio group. (it seems the only other innovative New Media initiatives in radio, take place in Canada. I have no idea why. Must be the clean air.)
KTAR has the finest journalists in Arizona, possibly the entire United States. And of course The Peak, the best radio station in Arizona, hands down..and some of the coolest people you’ll ever meet. I am so proud to have worked with them all.
One thing I will say is that if it’s about money, I wish I had the option to take a lower salary instead of losing my job and benefits. I’m not rich by any means, but I’m not all about money.
A Startup Story
I worked for a startup in the 90s where our boss came to us one summer, and said, “look, I have to be honest. Times are hard. In a few weeks, I’m not going to be able to pay all of you. So, you have two choices:
- We shut down today. I pay you each for the next few weeks pay, and we close up shop. No questions asked, no pressure.
- You each take a cut in salary, approximately 1/2 of your pay, or however much you can afford to cut. We keep working on making a sale, and if we do, we probably won’t be able to pay you back.”
What happened next..
We sat in a conference room, about 10 of us. Generally people said they wanted to bail. But I stood up and I said “look, we are this company. We make it what it is. We know we’re the best in this business, so why go work somewhere else that, at best, will be mediocre? Most likely it will be one of our lame competitors, with their shareholders and Wall Street goons. So I’m not saying I’m not going to freshen up my resume, but I for one am taking the pay cut.”
The Result
Everyone stayed. In about a month, we got a new contract and our doors stayed open. The next spring, we all got a huge check out of the blue. The boss called a meeting and with a tear in his eye he said “you guys make us what we are. You took a risk and believed in each other, in our sales department, and me, and not one of you came to me about those wages. Therefore I have repaid you all today plus an additional $2000. Thank you.”
The company is still in business, in a larger facility. It’s a little smaller these days, but the soul of the company is still there. I left for other reasons eventually, but I’ll never forget the lesson I learned: companies are people, and the future of a company is in the hands of those people. So… treat them right. If not because it’s the right thing to do, because it’s good for business.