I still cannot understand why they would use cash as a retention tool; even if the bailout hadn't occurred and things were good.
Deferred comp and other effective benefits are way more effective in retaining key employees.
I think "retention bonus" was just window dressing. I think they were just 'stay rich' bonuses.
Its such a simple idea; small companies with less than ten employees can implement a simple retention benefit program; how can a corporation as vast as AIG, a financial company no less, be so obtuse?
Fucking publicity nightmare, too.