Thread regarding Cisco Systems Inc. layoffs

Cisco Pay

Lots of people complaining about Cisco paying on the low side. Can't dispute that as I 100% agree., I do remember watching a recent Cisco Beat where Fran mentioned Cisco's plan is to pay in the 75% range of what others are paying. WTF would they do this?

by
| 4325 views | | 16 replies (last ) | Reply
Post ID: @OP+10yBZfCA

16 replies (most recent on top)

I think most of Cisco is phoning it in nowadays. Did a previous poster say he was disappointed to leave - as he did 1 hour of work a week?

by
| | Reply
Post ID: @qyeh+10yBZfCA
what I do know is that I’ve only had one retention/cost of living bump in the last 13 years. I’ve no idea where my band is, but when you basically sit still for 1.5 decades, you do wonder how close you are to the bottom of the current range.

I heard one guy who left recently. He usually complained about no raises. Two in 15 years. He proceeded to let everyone know what he was getting paid, and that Google were paying him more. When we compared, he had the highest pay out of the whole group by a fairly significant margin. Probably paid more than his bosses boss who was hired a few years ago in a lean period. Thing is, no one outside our group with less than 10 years service knew him or his work, and we're all now questioning how long he has been phoning it in.

Cisco loves it when this happens.

by
| | Reply
Post ID: @qhli+10yBZfCA
Colleagues at Cisco-RTP say the pay is higher than any others in the area. Anyone in NC disagree?

This is why we are shutting her down. RTP is an opex drain with zero return. Most of what goes on in RTP (everything from virtual sales to lightweight development to QA) can be outsourced.

by
| | Reply
Post ID: @nech+10yBZfCA

Colleagues at Cisco-RTP say the pay is higher than any others in the area. Anyone in NC disagree?

by
| | Reply
Post ID: @mkuf+10yBZfCA

@10yBZfCA-kadm I'm at another software company and we get regular yearly raises. This year it was 7%. Then add the yearly stock refreshers in the six figs if you have some YOE under your belt.

It'd you're in SV and you adding getting this then you're brow market relative to the FAANGS

by
| | Reply
Post ID: @mdym+10yBZfCA

To be fair, I don’t think Cisco said that they only pay 75% of the market, what they mean is that they try to pay at a level which 75% of the market pays. So 1/4 of the companies will pay more and 3/4 will pay less. And that should include total compensation.
But what I do know is that I’ve only had one retention/cost of living bump in the last 13 years. I’ve no idea where my band is, but when you basically sit still for 1.5 decades, you do wonder how close you are to the bottom of the current range.

by
| | Reply
Post ID: @kadm+10yBZfCA

You can now ask your manager for the pay ranges for your grade. Then you can at least see where you are on that scale.

by
| | Reply
Post ID: @kdxp+10yBZfCA

This is true, the same job in another BU, will have higher MRR ranges.

by
| | Reply
Post ID: @4wmg+10yBZfCA

The pay may be low but the hourly rate is very high. You don't really need to do much especially you are from the same village / providence as your VP and Directors.

by
| | Reply
Post ID: @3bhq+10yBZfCA

Cisco CX is the worst place to be in terms of comp. Within Cisco and within networking support industry.

CX pays cr@p. 75 percentile my b@lls, CX is not even 25 percentile in industry. If you have spent more than 1 year in CX and are loving the 500 peanuts you make selling your weekends do yourself a favour and move laterally into any other Cisco org outside CX. You are guaranteed to get a 10-20% bump in base with a lateral move, which is a proportional bump in your bonus depending on your grade. Also, your chances of getting RSUs increase from a negative to a positive integer. Best of all, you will realise what it feels like to be treated like an engineer instead of a call center agent selling insurance.

CX has most incompetent senior management. Esp in Americas. Their sole strategy is to cut costs. They say they care about customer experience but they do not. They live, dream and have orgasm thinking about bleeding US sites to death and hire more in mexico. There is at least 10-20 points better NPS and almost all of innovation coming out of US based sites but that doesn't matter because CX management is greedy.

You get what you pay for.

by
| | Reply
Post ID: @1pxi+10yBZfCA

I had an answer for this post, but then realized that pay differs in different states, countries, grade levels, and so much more. What I can say is CX services is def underpaid given the importance services is for the company. Customers pick Cisco because of their customer service 1st, product 2nd, but the way CX is being treated by those above, I will be surprised if the same culture exists. Maybe it will be better, but wow, got a bunch of professional services in the sr. director for CX. Totally different mindset on how to view their employees.

by
| | Reply
Post ID: @fdn+10yBZfCA

The fine print is 75% of the salary part of the comp. Nothing in there is about "total comp" including stock/RSUs....

by
| | Reply
Post ID: @pfc+10yBZfCA

Sounds like the days where Cisco paid in the 75th percentile are gone. It used to be that Cisco, back in it's innovative days it paid 25% more than the industry average.

I thought Cisco still claimed to pay in the 75th percentile.

I can say that I'm making better than industry average for my role now, but I have co-workers who claim this is the lowest paying position they've had in decades.

by
| | Reply
Post ID: @lga+10yBZfCA

What I can tell you, is that in my region, a recruiter told me a senior network engineer, ccie was making about US$140K base. That was in 2008. 11 years ago. That is the salary I made back then. Therefore for people with up to date and marketable skills in high tech, the pay includes a significant stock compensation which often can double that amount.

by
| | Reply
Post ID: @nmi+10yBZfCA

They have to make up for executive compensation somewhere;)

by
| | Reply
Post ID: @hkt+10yBZfCA

" I do remember watching a recent Cisco Beat where Fran mentioned Cisco's plan is to pay in the 75% range of what others are paying."

'The People Deal'

by
| | Reply
Post ID: @euz+10yBZfCA

Post a reply

: