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Enron Mail |
What is going with the crude position?
-----Original Message----- From: Shankman, Jeffrey A. Sent: Tuesday, November 20, 2001 1:01 PM To: Joyce, Mary; Fallon, Jim Cc: Oxley, David; Whalley, Greg Subject: As you guys go through working up a severance program, I started thinking about some equity issues. If the average tenure of an employee at Enron is about 3 years, why not come up with 2 plans--1 for long serving employees who have been long dedicated to the company, and a second one for the more recently hired? It doesnt' make sense to me that someone who has been here under a year at $100,000 base should be entitled to 11 weeks even before they sign the waiver. I would also not change the program in whatever form you ultimately settle on for the longer serving employees, rather just scale back the program for the newer employees. Regards, Jeff
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