So I received the specifics of my retention bonus here at IMB...it's enough to make me wanna stay here. It's going to be paid out on my term date, so it's a percentage of my salary starting from 9/1/08 until my termination date. The next question is...when am I going to be laid off so that I can collect my retention bonus? The new Controller believes that we are still going to be here until the end of 1st quarter '09. I don't mind...the longer I'm here, the more my retention bonus is going to be. Things have been pretty slow, so I figure....why not stay? The new Controller even suggested flex time where we can work more hours in a day, keep track of them, and then use them to take half days or whole days--all based on the honor system for us exempt employees. The FDIC is still trying to sell IMB as a whole....if we do get sold as whole...chances are, I will be retained for the "new" bank. Who knows....maybe, maybe not....we'll see. I'm good either way. If IMB doesn't get sold as a whole, then the FDIC will sell IMB off piece by piece...in that case, I will definitely be out of job as the company gets sold off in chunks.
Our old Controller left last Friday.... Through the 4 years that I have been here, he has always believed in me, supported my work and my family, and has stuck his neck out there for me...for my department...it was hard saying good-bye...I hope our paths will cross again in the future....
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