Was not asked for this, but was surprised at this:
In terms of headcount, 2% of the employees that left the company in 2016 were leadership forum members (SGL 21 and above). What is not reported is that every one of these received a severance package.
But in terms of total severance accrual expense, for 2016, 89% went to this 2%.
This is all justified as "salaries comesurate with the market", but it simply does not feel right, especially given the one ELT member that has actively worked to not grant EOI to anyone age 55 and older.