Thread regarding ViacomCBS layoffs

Bonuses?

Any news about STIP? Are they canceling it like the merit increases were cancelled? Still happening but way below normal? When did CBS bonuses pay out before the merger?

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Post ID: @OP+19sEto9L

12 replies (most recent on top)

Bonus after reviews? Speak if you had a performance review for 2020.

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Post ID: @Qbfp+19sEto9L

They gave 90% of bonuses in December. Did anyone get the remainder of their bonus?

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Post ID: @Emsp+19sEto9L

Did different business units get different multipliers for STIP this year?

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Post ID: @njov+19sEto9L

Rumor in the block is this week or next for bonuses. Any one still here has definitely earned it. Nothing fishy as we went to cbs time frame with fiscal vs broadcast.

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Post ID: @maei+19sEto9L

I got my bonus right before NYE. They bumped it up to earlier and said there was a chance for people to maybe get more around March but it would be determined after reviews and based on individual metrics set by your business unit. That was both for CBS and Viacom cable teams. So it wasn’t just Viacom. I know this all for a fact. I gain nothing by sharing this. I am not HR. We are lied to often so just trying to tell you guys how it is but not trying to defend HR or the company.

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Post ID: @jbrg+19sEto9L

Anyone claiming the bonuses haven't been paid at all is fishing for information and doesn't work at Viacom (at least not any more).

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Post ID: @9dek+19sEto9L

To the person who said bonuses were given out already - not true. We were told February after the merger changed bonus timing from November 2020 to February 2021 due to the change in fiscal year.

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Post ID: @8taz+19sEto9L

no idea on this, but specific to FiredFriend question, which may be sarcastic, iDK, ha!
here is a crazy story, during layoffs at Viacom in 2008-2009 period. a very close co worker who was not traditional bonus eligible, was given an employee retention bonus in form of stock, about 8k worth, as person was deemed as someone they did not want to lose. catch was, person had to stay for 2 years. 3 months later person was let go due to layoffs, which baffled her division head. they realized mistake, rehired this person a few months later. that bonus went away! they did have to pay out full severance as EVEN when person came back, so it was made up that way. Just a story on how disorganized Viacom was at time. hopefully for all that remain, things get better with all heads of depts, combined company. GOOD LUCK TO YOU ALL!

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Post ID: @8bgm+19sEto9L

Bonuses were already given out a few months ago. If you didn’t get one, question answered.

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Post ID: @7pua+19sEto9L

Would you get a bonus even if you were fired? Asking for a friend...

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Post ID: @3lvz+19sEto9L

Bob and Shari have been very very quiet lately, what did they do... It's more than just Peter Dunn & David Friend

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Post ID: @2wkx+19sEto9L

I was told by my boss that bonuses were still TBD. Have not heard any other updates since.

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Post ID: @gtc+19sEto9L

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