Did you get your briefing from management about the new rules for AICP? Now if you meet all your objectives and deliver what management asked you will receive less than 90% of your targeted AICP. Only LL4+ PL favorite pets will receive 100% of the AICP target, Top Achievers can still get up to 130%. The math goes like this, AICP target $10,000, Ford says the Company achieved 70%, you are eligible for $7,000, but you only did everything management asked so you get 90% of the $7,000, your check is $6,300. JF and JL have three objectives, lie to entice new employees of their potential compensation, save money and drive current employees out. Merry Christmas, feel the Ford family love.
9 replies (most recent on top)
"Well through the 3rd quarter we are tracking above plan."
Just wait until those 4th quarter numbers come in. We are all screwed. We'll get 80% of 50% of target...IF THAT.
Never rely on a bonus, it is just that. If a company touts their bonus program it is becaue they are screwing their employees on merit increases. Exactly what Ford has been doing for years.
I was told 80%
@qsj is correct that this was mentioned back in the spring after management got caught with their hands in the cookie jar giving themselves a large multiplier on the AICP while reducing it for GSR & LL6 ranks. Somehow they expected us to believe the story that management significantly exceeded goals across the goal while the grunts in NA failed to meet goals. Tell me again how management is "successful" when the workers being managed are "failing"?
Of course to rub salt into that they then tried to layout a story that individual bonuses were never intended to be paid out at 100%, but was always intended to be 90%. My prediction is that Q4 will break the "above expected" trend on AICP and that will be set at 75-80% this year, and that most of us will see individual modifiers around 750-80%, AND a big curveball of a special 50% multiplier "due to deteriorating business conditions" (IE the inflationary impact on costs over the past year and the inbound recession). So $9.6k x 80% x 80% x 50% = less than $5k before taxes. Good luck, I hope I'm just a pessimist, but after the fiasco last year I suspect that there's a fair chance we'll have another one of those years were AICP was suspended. (What better way to yank the rug out from all the recent retirees and SIRP'd people.)
A sinking ship cannot provide a merry ride
Boot out asap
I find it hard to believe that we'll get any bonus since we still have thousands of vehicles in lots without chips and have the most recalls than other automakers. If we do, I'll be grateful.
Well through the 3rd quarter we are tracking above plan.
I have zero expectations of getting a decent bonus. I have zero expectations of not losing my job in 2023. That about sums it up for me anyway.
They said this during the AICP distribution meetings last year. So it's nothing new.
This also is a target to SIRP'd employees since they are still eligible for a bonus. The math guess like this:
Target $10000
AICP 50% (if we're lucky!)
So $5000
90% since you were laid off
So $4500.
Oh but for were let go the end of Aug so prorated to: 67%
Check: $3015
Ford is worse than a lawyer.
Has anyone else heard about this happening to the AICP?