Are we really expected to be happy about the holiday bonus being replaced by the variable dividend?
Especially folks with a much lower stock award amount than other salary grades? Especially when those shares are automatically settled in cash, while higher salary grades can elect to hold their shares?
So a $12k stock award nets roughly $800 bucks? (Assuming $3 var div, 4 times a year, $180 share price)
This feels like company scrip, doled out unfairly. “Just earn more company stock, then you’ll get the value”