Thanks to STA reader Naia for passing along this email:
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Scott Harris, the President of Innovative Artists Agency in Santa Monica, announced, via MEMO, on Friday, that he was cutting ALL HEALTH BENEFITS for the 50+ assistants and LOWER-level employees, RETROACTIVE to June 1st. He stated that the decision was made “after much deliberation in the face of the ever-increasing costs of medical premiums.” However, the move did NOT affect the AGENTS or AGENT-TRAINEES, only the lower-level employees, all of whom earn inthe range of $400-$425/week. MAXIMUM. Harris only offers pay increases 1 time per year, in the amount of $25/week.
What does this mean? If an assistant stays at Innovative for 3 years, their ending salary would be $475. In addition, an amount of roughly $40 per WEEK is deducted to cover HEALTH BENEFITS. So, after each employee contributes an amount of about $170 PER MONTH for a health benefit program that only covers 60%, (after deductable), Mr. Harris decides to CUT the benefits for these GROSSLY underpaid assistants, in order to save money. Yet his cuts do NOT affect those whose salaries are MORE than enough to cover private health care. He even had the GALL to say this: “Most Innovative assistants are very young and do not have medical issues (and hence do not get much value from the coverage),” he wrote. Harris said the agency would institute a new pay structure for assistants that would allow them to make more money, which he felt was a higher priority for them.”
The worst part? He was OUT OF THE COUNTRY when he sent this memo.This coward didn’t even have the strength of character to FACE his employees when he cut their benefits. Why does this bother me? Many reasons:
Continue reading ‘innovative artists agency assistants are in desperate need of saving’