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Vault Message Board: Towers Perrin

Topic Name: Stampede from TP
Message Name: here's the scoop
Date Posted: 01/13/2006
In Reply To: wouldn't that (theoretically) include most of the hot-shot consultants that are supposed to bring in all the revenue? ;-> In any case, do you know how they define top 200? I suppose it cold be by grade level, salary or total comp (most likely), or performance (but I suppose you wold then look for the bottom 200)! Wonder if they would consider buying out some of us old TPAS people?
Message: The offer is to principals who are generally retirement eligible. They will receive a $200k cash payment plus will have the opportunity to cash in should the firm get sold or go public in the next few years. They would receive about 50% of what they would have received if they remained active. Of course, that would be a very tenuous position if one were "invited" to take the buyout.

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