It was announced 92% last week but it was not that in Workday when managers under NE entered the comp. It was four percent less. There was holdback. Managers were never told 92% until the email last week and they usually know in advance because they enter the comp and see what it is. Shady business.
13 replies (most recent on top)
Yep, Iris shows the 2024 EIP funding at 92%. No mention of ELT there.
if you look on IRIS under short term incentives it breaks it down
D-mb question- what’s the difference between ELT is funded at 92% and the bonus pool being funded at 92%?
ELT was funded at 92%, not bonus pool
Bonus pool funded at 92%.
U.S. companies spend roughly $8 billion annually on DEI. So when your bonus and merit increase is low to zero, and they blame the stock price, consider how much the company is spending internally on DEI programs, training and staff.
Come on, you aren't being fair!
ELT works so much harder, and deserves the compensation more, than the rank and file employee base.
Do you have any idea the annual upkeep and maintenance costs on a yacht? Imagine the expenses when you have multiples?
Does the additional cut to 85% extend to ELT?
The subpar pay and being cheated out of our earned bonuses yet again, basically so the company can profit more (at employees expense), so gross.
We're not even seeing the 89%. Cut some off the top of that as well. Now at 85%.
- 3% merit pool and 89% bonus pool, I think.
What is the bonus pool this year?
Merit pool is comparable to last year but the bonus pool took a nose dive compared to last year