FRIDAY, FEBRUARY 24, 2006
Gawker | Women's Wear Daily
Information from
Michael Caruso's wrongful termination lawsuit:
* A base salary of $400,000 annually.
* A signing bonus of $25,000, to be paid within 10 days of the contract’s execution.
* Up to $40K bonus per year for boosting circ.
* Up to $40K bonus per year for boosting ad sales.
* $10,000 for each National Magazine Award win; $5,000 for each nomination.
* $10,000 for making Ad Age’s Hot List “big list”; $5,000 for making a “mini list.”
* $10,000 bonus for coming in under budget.
(Related story)
Posted at 3:15:28 PM
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