$1.7 million to move Medtronic executive

$1.7 million to move Medtronic executive

There are 13 comments on the TwinCities.com story from Jul 16, 2010, titled $1.7 million to move Medtronic executive. In it, TwinCities.com reports that:

Add Medtronic to the list of corporations paying big bucks to help top executives cope with the dismal housing market.

Join the discussion below, or Read more at TwinCities.com.

France

Rosemount, MN

#1 Jul 17, 2010
"Let them eat cake." It's time for another revolution and more beheadings.
How can these people sleep at night? Very well, obviously.
All I would ask

Saint Paul, MN

#2 Jul 18, 2010
All I would ask is that if they are going to do this, then they should stop running credit checks when screening for new employees. It's a little hypocritical to not hire someone because their home was foreclosed, then pay for executive's homes because they can't sell them...
StPaul TheNewDetroit

United States

#3 Jul 18, 2010
Obscene! And these same companies nickle and dime the hourly workers and ask get tax credits by the State of MN for hiring refugees and locating in remote places like International Falls and Duluth!
redeemer

Minneapolis, MN

#4 Jul 18, 2010
I here that Medtronics,got the ID chip contract!

They got plenty of Doe! medtronic is the place to work.
Mark

Hartford, CT

#5 Jul 19, 2010
Congrats to the executive on his great deal. I don't fault him at all nor do I criticize Medtronic...business is business. I could care less. By the way, credit scoring new employees provides great insight into how efficient the employee will be. If you don't want them to pull your credit, then go somewhere else that does not. Keep in mind...most large companies pull your credit with your permission, which is required.
Dove Girl

Minneapolis, MN

#6 Jul 19, 2010
Oh-h-h... EVIL Capitalists!(Sarcasm intended...) Not everyone has the same work-related gifts, therefore, not eveyone should be compensated the same. There are perks to be made when you're a valuable executive. Medtronic, 3M, & Boston Scientific employ hundreds of thousands of people - yet the socialists among us continue to complain...

Since: Jun 10

Location hidden

#7 Jul 19, 2010
Mark wrote:
Congrats to the executive on his great deal. I don't fault him at all nor do I criticize Medtronic...business is business. I could care less. By the way, credit scoring new employees provides great insight into how efficient the employee will be. If you don't want them to pull your credit, then go somewhere else that does not. Keep in mind...most large companies pull your credit with your permission, which is required.
So are you saying that people with low or bad credit rating are inefficient? That seems a little unfair. Many, many people have lost jobs, then had their homes foreclosed on and are not able to pay their credit card bills. I know, they shouldn't have lived beyond their means in the first place, but that's the American way. Banks and credit card companies encouraged people to do this and made the home loans and credit card offers very attractive so people WOULD buy, buy, buy and pay all that interest. When the job market crashed, everything else followed suit. Now, these people can't get new jobs because 1) there aren't many jobs available and 2) their bad credit score prevents them from getting a job. Just HOW are they supposed to get back on their feet? I agree with the poster who said they shouldn't pull credit scores for their employees, yet bail out executives who've basically had the something similar happen to them.
Magic

Plymouth, MN

#8 Jul 19, 2010
So where are the complaints about Palosi and her commercial sized jet so she can fly home and not have to stop for fuel.

I could care less about a private company spending their profits. Medtronic creates products that perform well saving thousands of lives and it's employees are compensated well to keep the good ones and continue to create those life saving products.

BTW it's the american way.

Welcome to a "Free Capitalist Country"!

Cuba awaits those of you interested in living in an area where 1950 vintage cars prevail and living in the stoneage is the norm.

No thanks, I like it here!
Lizzy

Minneapolis, MN

#9 Jul 19, 2010
I'm sure he's worth every dime and there was nobody local to fill the bill.
Danno

United States

#10 Jul 19, 2010
Don't worry socialists, the government got its cut from this as well.
Magic

Plymouth, MN

#11 Jul 19, 2010
Lizzy wrote:
I'm sure he's worth every dime and there was nobody local to fill the bill.
"Local" is NOT a virtue when hireing the best for a MAJOR CORP!

Medtronic has done very well delivering exceptional products BECAUSE THEY HIRE THE BEST, not because they hire local!
Fact Check

United States

#12 Jul 19, 2010
Act globally and think locally
Magic

Plymouth, MN

#13 Jul 19, 2010
Fact Check wrote:
Act globally and think locally
Fact: Minnesota is NOT a brainpower state!

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