Anyone know the pay band for CL 29?
Seems to me that for CL 29 salary is still the majority of compensation as RSU amount is not that much.
3 replies (most recent on top)
@aw this is not true
Cl29 rsu is the same as the lower cl amounts. Laughable 220 for owd
There is huge gap between CL29 and CL30 exec when it comes to RSU, EBU, and Cash Bonus structure. The RSUs referenced by OP are spot on accurate for CL29. Once you get to CL30 the RSUs for OWD, O, VG will range between from 3000 shares down to 1500 shares, respectively. Then EBUs and Cash Bonus total for CL30 will range from about 60k down to 30k respectively. The lower 2 quintiles get no EBUs or Cash Bonus. So a well ranked CL30 will generally see 50-100% annual bonus beyond their 350k - 425k annual salary, resulting in total annual salary compensation of about $600k - $850k. That is why most middle managers do not even consider behaving in general interest mode, and why technical track STPs are now downgraded to CL29 or fill the bottom two quintiles of the rank group to ensure the self serving middle managers preserve their rank and salary and bonus structure. Just providing the facts and reality having seen for many many years how the compensation system works to the detriment of general interest behavior by the greedy middle managers. Need a complete housecleaning of middle managers and a complete redo of the compensation system to even begin to address the gross self serving interest of the middle management. This will be Harvard Business Review case study someday if Harvard exists in the next decade due to Harvard corruption and abhorrent disregard to common decency.