Writing Boots

On communication, professional and otherwise.

At Morgan Stanley, they’re printing euphemisms

02.12.2009 by David Murray // 1 Comment

In an internal conference call last week, Morgan Stanley co-president James Gorman doled it out and told them what to call it.

"There will be a retention award. Please do not call it a bonus. It is not a bonus. It is
an award. And it recognizes the importance of keeping our team in place
as we go through this integration."

You can hear the audio here.

Categories // Uncategorized

Comments

  1. michael clendenin says

    February 12, 2009 at 1:47 pm

    It is a beg…a bribe. For those involved in critical work, with critical historical or legacy knowledge or skills, to implore them to stay on so the nose dive doesn’t steepen.

    Reply

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