Up until Wednesday I was expecting a decision from NYSE that would indicate which employees were staying and which would go. The complexion of all this changed on Tuesday when we were told that we'd been slotted into retention tiers. The tiers indicate what percent of your salary you'd receive if you were severed anytime before June 2009.
I found out yesterday that my tier was 50% meaning that if I were cut before June 2009 that I would receive 50% of my salary as a lump sum payout. This certainly makes it worth while to stick around through uncertain times.
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