Raises capped at 1.5%. None for above grade 13 (US).
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It's not right they are using the pandemic to under compensate and guilt their employees. Why isn't the CEO volunteering to forgo his salary or take the symbolic $1 salary as a gesture of good faith? Lead by example, please.
The Winning the Future 4 hour indoctrination sessions should have been scheduled prior to their 1.5% "reward" - good luck motivating employees now....
This is disappointing considering all of the recently promoted SVP, VP and AVP roles in NYC alone! Guess "flattening the organization aka no promotions " only applies to lower grades who make up the majority of the company. Covid-19 will be the running excuse for low raises and bonuses for as long as they can get away with it. Shameful.
This is true. Guessing the March layoff post is true, too.
Any news on bonuses?