Have there been any updates on sti payouts I’ve seen 75-85% reported but haven’t heard anything else also assuming BPI will be in the 2-3% range not enough to cover inflation.
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I want 100%, I earned it the hard way, I worked fer it.
I got 100% when I took VSP. Now people are gonna be thrilled to get 85% ? I thank Jesus, Allah, and Budha every day that I left when I did.
Dang dog, we gonna be rich!
Unless it has changed recently groups don’t get more money if they have an exceeds or somehow two. The money to cover the 100-115% comes out of the pocket of the meets 85-105% from the other post. So get 115 and your 4 coworkers get 96.25%. Honestly though as an incentive such a small difference in STI isn’t worth the effort it takes to maybe get it.
Who needs a monetary bonus. Just working for the greatest management and company in the world is bonus enough!
"Git " a big raise .....that's not even a word, you should work on your spelling and grammar.
My boss was telling us the other day that we was gonna git a big raise and a really big bonus, we was all happy.
1ezn post of 65%-75% and BPI funded at 3.5% is the most realistic post I've seen.
I have been told that it will be between 65% and 75%, with an average increase of 3.5%.
Only 1 in 15 will be E eligible this year
The benefits survey suggestions few if any will actually get implemented. Like better 401k selections, truly anonymous Pulse surveys, layers of directors and managers.
STI is based on the company performance (% of your STI Target = adjusted STI) and your personal EOY appraisal score Meets (85%-105% of adjusted STI), Exceeds (100%-115% of adjusted STI), Needs Improvement (0%-50% of adjusted STI). BPI is based on where you are in your salary range (below min, at mid point, above mid point, above max) and your performance score. However the salary ranges are based on market based pay ranges for external comparable jobs therefore are impacted by inflation. Now that HR controls the compensation is a good thing because the rules are applied consistently.
If STI is 75% I’ll be certain to work with 25% less effort this year. I don’t have any direct impact on the business decisions Hans and the C Suite make yet my bonus is based on their pi-s poor results.
Supposidly people will be finding out in a couple weeks or in my case the very last possible minute as per the norm on my group. If they came out and gave a revised range to expect 75-85 I’m certainly expecting a high of 75%.
They also continue to say comp has nothing to do with inflation, had the first ever total rewards survey, and are rolling out those little discounts like pet insurance right as we are going to get our BPI//STI so how good could that be?
I’d be quite happy with 85%.