Year-end bonuses were very low this year, like one month's worth of groceries after tax. The CEO did warn about it though. What was your experience in other organizations?
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I got 10% salary increase and 7% bonus in Delivery
Not many people got bonuses. I didn't get a bonus bit my raise higher a lot of DTs surprisingly.
While it hasn't always been the case, HP is now transparent on bonus targets. So... everyone should know what is expected assuming both adequate individual performance and company financial targets have been met. This is measured in % of salary, not how much groceries one can buy with it and is based on position level. If your manager, for some reason hasn't been transparent about this, it should appear on your bonus statement.
This year, because company financial targets were not met (as well as projecting through FY23), the bonus pool was funded at a bit over 50%. This is quite a bit of whiplash from previous years where the company outperformed - last years bonus pool was funded over 200%.
Unfortunately, it's a hard thing to complain about to your leadership, as chances are more of your manager's total compensation is based on variable pay such as bonus and equity than yours, and the same thing for the next level up, and so on and so forth. So... chances are everyone else above your felt it worse, at least from a relative perspective.
HP has already been laying off people since November, with thousands more coming over the next few years, and you're worrying about "bonuses"? Seriously?
You might want to be more a whole lot more concerned with keeping your job!
At least you got something. I am a CW and I got a 2-week furlough and a $25 gift card from my agency.
Must be nice. I got enough to fill up my car a couple of times. On the other hand, our network engineers in India make under $450 a month base. I figure a couple of lumps of coal might actually be a legit bonus for them, and they're STILL rich compared to most Indians who are making like $100 a month, and at least they're not being shelled for Xmas like our friends in Ukraine. All a matter of perspective about what we should be thankful for.