Progress Employees Get $8 Christmas Bonus

The good news is that Media General saw “a sharply higher profit” and beat analysts’ expectations for earnings in 4Q 2004, with their stock rising 6.6% on the news. The bad news is that they apparently hate their employees. At least, that’s the message that they seem to be sending with their round of Daily Progress Christmas bonuses, which consisted of a gift card. To Kroger. For $8. As one staffer pointed it out, “They could have made it an even $10.” As gone-on-to-better-things ex-Progress reporter Jake Mooney said, “You get the feeling they’re trying to be insulting– but you’re not sure. Maybe they’re just inconsiderate.” Lisa Provence has the story in this week’s Hook.

1 Response to “Progress Employees Get $8 Christmas Bonus”

  • Big_Al says:

    On the bright side, Media General surely won’t have to worry about completing all the paperwork required to be considered for Fortune’s annual Top 100 Companies to Work For list.

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