Hearing 75% low end. 2023 wont be better either.
What is everyone else hearing?
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@1zdy+1kNIhRGl company is bloated. why do you think contractors keep coming in making $20-24/hr instead of these dinosaurs who have been with the company for 30 years.
I was told yesterday it's 75-85% of your bonus target, adjusted based on your performance rating.
65% is a really low bonus, tapped with 2% salary increase? I will look for another job asap
How is the STI appeasing the outsourced workers when the don’t get an STI.
A company that doesn’t pay inflation matching wages or higher doesn’t deserve to be a company in America
Agree, Director on up should take the hit on STI and LTI.
@jup and that would be incorrect and anyone who buys into that nonsense that it would make up for raises doesn't understand how the STI came about.
The company one year cut back on raises and stated that the STI was taking its place for that year. The STI in reality is your salary that is being held. If the company does well, you get the rest of your pay, whatever that percentage is. So a 7T is 10%, 7V at 12%, and 6V at 20%. If they are holding that chunk then they say, well did we meet the numbers and then when we don't we are not given a portion of our salary. It is not meant that if you get 100% payout that that off balances your raise. That just means your management just bs you into thinking that that was the case.
I don't know about anyone else but as far as I am concerned, we should be paid at 100% and the executives who are making all of these d-mb decisions should be the ones not to get a penny of their money. Let them lose all of their STI and LTI. And yes they do get both. Their d-mb decision, their d-mb loss. Not make the rest of us pay for it.
Corporate and IT will be at or just below 100%. Since most of Corporate salary is based off STI, they will inflate the results like they did last year. IT will be up there as well to appease the outsourced workers and to prevent admission that our network is behind T-Mobile and AT&T.
They didn't even release a Q3 STI update since the company is tanking so much. Well I guess we can count the email from Sam during the holidays saying we're already down 25%. They are going to shaft the other two work groups. By using vague criteria which have no set measurement units of value, they will do everything they can to not pay out.
Yes and employees won't get a raise or a good raise at and this STI was supposed to take the place of raises or so employees were once told. Meanwhile the NWO tu-d that tries to pass himself off as a CEO will continue to be employed, get a nice salary, and pass the NWO and travel to Davos to be with his NWO pals. . Pathetic.
It was a very bad year. IMO we are looking at 65%.
That’s everyone’s que to do 25% less work for 2023. I’m sure the c suite and svp and vps will do fine.