Message-ID: <3361823.1075856610292.JavaMail.evans@thyme> Date: Wed, 9 Aug 2000 07:54:00 -0700 (PDT) From: vince.kaminski@enron.com To: grant.masson@enron.com Subject: Re: Houston Research Opportunity: Anjam's plight Cc: vince.kaminski@enron.com, dale.surbey@enron.com Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit Bcc: vince.kaminski@enron.com, dale.surbey@enron.com X-From: Vince J Kaminski X-To: Grant Masson X-cc: Vince J Kaminski, Dale Surbey X-bcc: X-Folder: \Vincent_Kaminski_Jun2001_5\Notes Folders\London X-Origin: Kaminski-V X-FileName: vkamins.nsf Grant, I agree. We shall give him an offer of a job in Houston (on the terms we discussed with) plus an option to stay in London, if he does not like Houston. His choice. I think we extended a very generous offer to him and he may have an excessive perception of his contribution to Enron. Vince Enron North America Corp. From: Grant Masson 08/09/2000 02:41 PM To: Vince J Kaminski/HOU/ECT@ECT cc: Subject: Re: Houston Research Opportunity: Anjam's plight Vince: I got the following note from UK HR after had a call from them earlier today. I told them that the deal you and I communicated to Anjam was firm and not negotiable (with the exception of the issues regarding the flat rental). Apparently, Anjam is trying to play hard ball. What's your commitment to Anjam? Should we explore a package deal? My vote is no. Grant. Tara Rozen 08/09/2000 12:17 PM To: Grant Masson/HOU/ECT@ECT cc: Melanie Doyle/LON/ECT@ECT Subject: Houston Research Opportunity Grant Unfortunately, we were unsuccessful in our attempt to convince Anjam that he should transfer on a local US package. The difficulty is not so much the compensation and benefits, it seems more to do with the actual job and long-term prospects. He will only, therefore, commit to 12 months and only on assignment terms. We explained to Anjam the rationales for transferring locally, ie not just cost but equitability among his peers. He is convinced that his skills and Enron knowledge are valueable enough to warrant an assignment rather than a local deal. Also, he was apparently told by Vince that it was impossible for you to find a local hire for this role as you were not paying the market rate. Would you like to move further with this? If so, we can put together costs for you for a 12 month assignment and see what you think. I am out tomorrow but back in on Friday and could do it for you then. Let us know! Regards Tara ---------------------- Forwarded by Tara Rozen/LON/ECT on 09/08/2000 18:14 --------------------------- Melanie Doyle 08/08/2000 13:07 To: Tara Rozen/LON/ECT@ECT cc: Madeline Fox/LON/ECT@ECT Subject: Houston Research Opportunity Tara, Can we discuss tomorrrow? Thanks Mel ---------------------- Forwarded by Melanie Doyle/LON/ECT on 08/08/2000 13:04 --------------------------- Enron Europe From: Anjam Ahmad 08/08/2000 12:08 To: Vince J Kaminski/HOU/ECT@ECT, Grant Masson/HOU/ECT@ECT cc: Melanie Doyle/LON/ECT@ECT Subject: Houston Research Opportunity Dear Vince & Grant, Thanks very much for the offer to go to Houston as a Manager to work with Tanya Tamarchenko on VAR and credit risk within the Houston Research Group, as we discussed on the phone yesterday. I felt that it would be useful to bring Melanie Doyle, my HR rep, into the equation. I met Melanie this morning to discuss the issues with respect to taking up the offer in Houston. I explained that the interest for this opportunity is mutual, mine from a career progression perspective and Houston Research's to fill an urgent need. Melanie, having had experience with these transfers before, has kindly agreed to help out from an HR perspective, probably involving some of the London/Houston team that are usually responsible for these situations. I expect that you may receive a call from either Melanie or a foreign assignment representative in the near future. I would like to re-iterate my interest in the opportunity, but would like to make a counter-proposal for the form of the contract; I would like to make the suggestion that we make this opportunity a one-year assignment working with Tanya, and then re-evaluate the situation at the end of the year in terms a new role for me in Houston thereafter, subject to mutual agreement. The alternative situation of resigning from Enron Europe and re-joining Enron Corp is too dramatic and requires me to "burn bridges" and my return to Enron Europe would be difficult. Also, I would lose the valuable support structures available to me in London. The amount of any fixed costs (flights, modest cargo, a few months of mortgage carrying cost) are entirely reasonable, not excessive given my single status and not so great that they justify making the contract a three year (local) one. I would expect that on the basis of almost 3 1/2 years solid experience & value-added at Enron Europe, the value of several million pounds I have identified & justified to external auditors for Enron Europe this year and an "Excellent" rating (my fourth making my 3 1/2 yr average rating also "Excellent"), I could reasonably be expected to justify a fair deal (i.e. my existing Enron Europe salary & benefits package plus a reasonable one-off allowance to cover unavoidable additional personal expenses). Regards & thanks again for the opportunity, Anjam x35383