All Things Employee

Tag Archive for ‘AIG’

A Letter from the “Bottom of AIG’s Food Chain”

This letter was received in our Customer Service department, needless to say it was the best day at work since our office closed due to snowfall.
 
From: Harpers Ferry [mailto:harpersferry2009@gmail.com]
Sent: Friday, March 27, 2009 1:11 PM
To: Employees.aigdirect.com
Subject: Who is going to speak for us?
I am an AIG employee within the Personal Auto Group line, in November [...]

AIG Said to Offer $1 Billion in Retention Payments to Employees

Yes, you did read that number correctly – it says $1 billion in retention payments. Remember AIG, the insurer who was saved from collapse last year by GOVERNMENT money. According to Hugh Son (Bloomberg), about 400 workers in their New York based financial products unit may get $450 million in two installments. That is in [...]

Hey AIG, I’d Be Happy to Stay!

According to a recent news report, AIG may double some salaries for retention purposes.  
Some executives in the group of 130 recipients will get more than $500,000 to stay through 2009, about 200 percent of their salaries, said the person, who declined to be named because the information hasn’t been publicly disclosed. An undetermined number [...]