Santa Claus Worth $4 Million; Vault.com Evaluates Potential Career Paths and Salaries for Chris Kringle

Business Wire,  Dec 22, 2000  

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Business Editors

NEW YORK--(BUSINESS WIRE)--December 22, 2000

Jolly old Saint Nicholas has something to smile about.

Not only is he responsible for the happiness of children across the world, but he could command a cool four million if he opts to reveal his physics-defying secrets to the world, according to Vault.com's popular career-tool, Am I Worthy?(TM).

In order for Santa effectively deliver all his presents around the globe, he must travel 650 miles a second, 3,000 times the speed of sound. Vault.com's compensation reporter, Hans Chen, comments, "Ordinarily, at that speed, air friction would incinerate the reindeer, and g-forces would crush Santa's body to a pulp." According to physicist Julien Sprott, the laws of physics are not the only impediment to Santa's quest; today's technology makes it "pretty impossible" for Santa to accomplish his annual feat.

Despite these odds, Santa succeeds. As Chen reports, this success indicates that "he's got a North Pole hanger with enough advanced technology to put Area 51 to shame." If Santa revealed the secrets behind his mastery of space, time, and technology, physicist Julien notes, he "would become famous and would be rewarded for his efforts."

Vault.com's Am I Worthy(TM) is a fascinating career tool that allows professionals to uncover their "market value" by having their credentials evaluated for free by a compensation expert and by Vault.com's members. To view Santa's full profile and resume, visit: http://vault.com/worthy/worthy_main.jsp?aiw_page=4&ch_id=350.

About Vault.com

Vault.com is the leading new media company focused on careers and human resources. Vault's primary offering is an online resource, www.vault.com, which offers detailed "insider" information on over 3,000 companies and 70 industries as well as the much-praised Electronic WaterCooler(TM), the Internet's first-ever network of expert-moderated message boards for professionals. Offline, Vault offers nine nationally-distributed print books, a magazine, a syndicated newspaper column, and networking events and conferences on career and HR issues. For hiring managers and recruiters, Vault.com operates EmployerVault, a comprehensive online resource featuring top-quality HR content, message boards, free job listings, a resume database, and a one-click job posting service that allows users to post on multiple job boards with one account. Vault.com was founded in 1997 by Hussam Hamadeh, Samer Hamadeh, and Mark Oldman, together recently named to the "Silicon Alley 100: New York's 100 Most Influential Internet Executives." The company's investors include Hollinger Capital, The Kuwait Fund, American Lawyer Media, Ingram Book Group, DB Alex Brown, New York Investment Fund, Globix, and angel investor Esther Dyson.

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