Well see, this is why the company can’t get out of bankruptcy (just kidding!): Tribune Co.‘s paper The Sun Sentinel just handed $25,000 and a free Caribbean cruise to Bob Simons, a production manager who suggested a cheap supplier for some office equipment. No, that’s not a joke. Tribune CEO Randy Michaels and COO Gerry Spector said that Simons’ idea saved $1 million for the newspaper alone. Reminds us of that moral-boosting plan at Condé Nast‘s to pay out $10k to forward-thinking employees each quarter…though with Tribune currently trying to restructure itself out of bankruptcy while fighting off creditors, giving $25k away to one employee (and promises of more “spot bonuses in the months ahead) might be sending the wrong message…no matter how good the company’s intentions are.
Memo from Michaels and Spector after the jump.