Retention plan for four managers

Hector has still referred to the key players under Jeff Gossett as managers.
However, only one of these (Will Kelly) is a manager. The remainder are
senior specialists. Let me know if you would like to discuss any of this in
detail. We are potentially exposed for Steve Jackson to hire some of these
players away. Steve is going to have deliverables at his new employer, our
competitor, which will require that he have good people. He will be moving
to Columbus, Ohio where he will not personally know anyone locally to hire.
He does know these risk specialists here, and being young and single or
childless, their mobility factors could be high. Enron would not want to
lose any other talent to Steve's new employer.
---------------------- Forwarded by Sally Beck/HOU/ECT on 10/11/2000 02:00 PM
---------------------------

Enron North America Corp.

From: Hector McLoughlin @ ENRON 10/10/2000 06:17 PM

To: Todd Burke/NA/Enron@ENRON
cc: Sally Beck/HOU/ECT@ECT
Subject: Retention plan for four managers

Todd,
Let's work up a plan tomorrow for Jeff Gossett's managers before the
completion of your survey. If your schedule does not allow it please
recommend someone in comp. who can help or please provide guidance for
alternatives. Thanks for your help.
hgm
---------------------- Forwarded by Hector McLoughlin/Corp/Enron on
10/10/2000 06:02 PM ---------------------------

From: Sally Beck @ ECT 10/10/2000 05:57 PM

To: Hector McLoughlin/Corp/Enron@Enron
cc:

Subject: Retention plan for four managers

Hector: The key employees that Jeff has identified are senior specialists,
with the exception of Will Kelly. If you remember, these are the risk
employees that I was concerned about when Steve Jackson tendered his letter
of resignation. Steve will be taking a similar role with a competitor, and
it is not inconceivable that he might approach some Enron employees to join
him and help ensure his success with his new employer. We don't want this to
happen. Waiting until the end of November to implement an effective
retention plan does not make sense. Please call me tomorrow and let's talk
about how we can jump start this. Thanks. --Sally
---------------------- Forwarded by Sally Beck/HOU/ECT on 10/10/2000 05:39 PM
---------------------------

Enron North America Corp.

From: Jeffrey C Gossett 10/10/2000 05:38 PM

To: Sally Beck/HOU/ECT@ECT
cc:
Subject: Retention plan for four managers

---------------------- Forwarded by Jeffrey C Gossett/HOU/ECT on 10/10/2000
05:38 PM ---------------------------

Enron North America Corp.

From: Hector McLoughlin @ ENRON 10/09/2000 10:26 AM

To: Jeffrey C Gossett/HOU/ECT@ECT, Todd Burke/NA/Enron@ENRON
cc:
Subject: Retention plan for four managers

Jeff,
I spoke with Todd Burke regarding a retention strategy for the managers we
talked about. He told me that he would make a recommendation after he
completes the pay practices survery by Mid-November in order to accurately
compensate them. He is concerned that we may present an inaccurate plan for
retention without market data.
If this is a very urgent issue for you please let us know. If you suspect
that the managers are being made offers then please let us know.
hgm