Thread regarding Sabre Holdings layoffs

VCP

When is that VCP coming? Early mid or late Dec?

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Post ID: @OP+18cYajHf

13 replies (most recent on top)

were VCPs paid for employees who left Sabre this year?

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Post ID: @sgul+18cYajHf

Looks like for a regular employee the VCP is not such a big deal. Sure, the extra cash is always welcomed, but there is definitely too much talking and too much burden for a bonus of that size.

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Post ID: @eztd+18cYajHf

There’s no secret to the formula. When you were hired you were probably told what your annual target percentage is. Senior, Principal, and up have a target percentage of your annual salary (5, 10, 15%, etc). The December payout will be half of that target. It sounded on track at the last Town Hall, but I don’t think we’ve heard a final yes.

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Post ID: @bjqg+18cYajHf

The calculation model is a secret for a reason. The workers performing the heavy lifting may get up to 5% of their annual salary while the execs may get 500%.

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Post ID: @aeau+18cYajHf

I have an inside source in a very high position that tells me that VCP will NOT be paid in the first third of the month of December.

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Post ID: @abus+18cYajHf

And how big was VCP in the previous years?

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Post ID: @ayom+18cYajHf

These MFs don't care about helping employees have a bonus near Christmas, they are building pyramids to the 100s of their gods

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Post ID: @9fpv+18cYajHf

The calc should be easy.
Yearly salary x 0.5 x PositionFactor.
For TL the factor is 0.05, so the final answer for TL would be: yearlySalary x 0.025.
Higher roles have higher factors. Lower mean lower...

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Post ID: @9jla+18cYajHf

It will be 2.5% of your year salary. When? I have no idea.

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Post ID: @8oxm+18cYajHf

Also, I still don't understand how it will be calculated...

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Post ID: @8ubr+18cYajHf

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