Editor’s note: Burton shared this memo with us and others that Burton CEO Jake Burton sent to U.S. employees last week. Burton’s 2012 fiscal year ended January 31.
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From: Jake Burton
Subject: Bonus for US Employees
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Wow, what a year. Much like myself, Burton had to overcome more than its share during Fiscal 2012. Starting with the tragic series of natural disasters in Japan, followed by European economic crisis, and capped off by the worst snow year in North America in decades.
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Somehow, in spite of all of this drama, Burton managed to exceed its budget targets and hit the 100% level for bonus payouts. This performance is a testament to the effort put forth by all, combined with our adherence to the scarcity model and coupled with solid financial management.
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Being able to pay out full bonuses is what gets Donna and I up in the morning. There is nothing in our work lives that is more rewarding.
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So pat yourself on the back and get back to work.
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Regards,
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Jake