Tuesday, January 30, 2007

#102

DQ reader A. Nonymous sent in this story as a complement to the "101 Dumbest Moments in Business" article I linked to last week:
I work for a large national bank that has recently changed our short term disability policy. Of course the employees needed to be informed of the new policy and writing short term disability policy over and over again can be cumbersome. So the MBA's put their heads together for an appropriate acronym and came up with STD. Each week I'm treated to a Beavis and Butthead moment in my office as the STD program is trotted out in an unintentionally funny e-mail or phone call. The most recent mention was in an annual benefits policy newsletter that had the following equation:
base salary + incentives or bonus + equity + retirement benefits + STD + health benefits + more = your TOTAL REWARDS

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