Reply to SEC VERA round 2 limited edition

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]who is going to take the 2nd vera just announced?  i did not see any compensation details but i am assuming it will be more than $50k incentive.  also only limited to 17s and 15s and SOs is my read of it.[/quote]

VSIP is only $50K.  Also, the offer is limited to only certain managers, not all are eligible.  I assume it will be targeted to the ones not managing many people.[/quote]

I don’t think it matters how many people are being supervised.  They just want to reduce the number of supervisors.  So it really can be anyone and they will reorganize/merge branches, groups, etc. to get the right ratios.

I don’t think they can exceed the $50k but perhaps they can sweeten the deal and do a limited fork situation where they go on admin leave for a while before resigning. It won’t be as long as the original fork but they can still do a few months without separate opm approval.[/quote]

I was thinking of one of the branches in my division that has, for example, a 17 supervising two 15s and the 15s dont supervisor anyone.  I think groups like that will definitely be targeted.  They are also offering voluntary demotions I guess for people that dont want to be managers.  If they really want people to exit eb masse they should do one or two TW days for BU members, all the managers would run for the hills.[/quote]

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