"No one's making a million-dollar paycheck here," Yemma said. To retain employees, Xentel awards bonuses to workers for steady attendance and for better collection rates. Starting wages for workers at Xentel's 18 call centers nationwide range from $12 to $15 per hour, Yemma said. David Winograd, the company's president, who lives in Wisconsin, earned total compensation of $345,120 that year.
Michael Platz, chairman and CEO of iMarketing Solutions, earned a compensation package worth $360,280 in 2009, the most recent year available, according to its securities filings. dollar and the write-off of goodwill from a previous acquisition, according to its annual report. Last year, Xentel lost $1.3 million, mostly because of the devaluation of the U.S. In 2009, the company reported a $2.3 million profit. last year after it acquired a rival telemarketer. Xentel is owned by a publicly traded Canadian company, which changed its name to iMarketing Solutions Group Inc. Of that, $6.6 million, or 15.6 percent, went to the charities for veterans, firefighters, police and missing children. Last year, Xentel's $17,500 payment to the charity was 19.6 percent of the total it collected.īetween January 2008 and June 2011, Xentel collected $42.4 million from 29 campaigns registered in Virginia, according to state records. In its 2008 campaign, $17,500 came out to 10 percent of the total that Xentel raised for Vietnam Veterans, state records show. Under Xentel's contract with Vietnam Veterans of Virginia, the charity receives $17,500 annually or 10 percent of what the company collects on its behalf, whichever is greater. "In some cases, we make 10 or 12 percent." "In some cases, we literally lose money on a project," he said. After paying its charity clients and all expenses, including payroll and rent, Xentel earns an average profit margin of 5 to 7 percent, Yemma said.
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