Hello Everyone, has any people who retired in October gotten their AICP yet? Have any current employees gotten their AICP deposited yet? If so, what performance percentage did you get? I am a October retiree and there is nothing in my bank.
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I was SIRP'd in August (days away from 30 years and my submitted retirement) and got 65%. I've always had excellent performance reviews, got above average raises. I was moved to a new department in mid 2022 and never even had a performance review there so I'm sure they just figured they'd give my money to someone else since I was nobody to them. It's just more thanks for all the years of hard work and reinforces my decision to never buy a Ford product again.
@eat+1: My experience suggests that the system is indeed rigged against SIRP'ed ex-employees and retirees. I was SG8 with more than 30 years of experience when I was pushed out in the August 2022 SIRP. The bonus that appeared in my bank account this morning was much less than I expected. My calculations revealed that Ford applied a personal performance factor of 0.60 to my bonus, much lower than I anticipated in view of my performance review history. I guess it's true that AICP is an acronym for "Attention Indigents -- Claim your Pittance."
SIRP'ed LL6, received the performance bonus deposit this AM. I think they used a factor of 0.9. So target x 1.48 x 0.9 x 8/12 (August Pro-Rating) x tax.
If you retired or were SIRP’d prior to October 31st and you used more vacation last year than you accrued, what you owe Ford for those extra days will be taken out of your AICP payment.
@dic+1lD5HpPD Keep in mind that Pro, Model e and Blue all have different targets. That, coupled with non-transparent "adjustments" to the target could explain the difference.
See @xrt+1lD5HpPD's post below. Maybe that is it?
I heard some GSR8s SIRPd in Aug2022 received a net AICP in $2400-$3200 range. Even with 80% it should have been higher. Can someone who received in this range post how their net AICP was calculated? It doesn't seem right but with Ford anything is possible.
What was the target for LL6? I retired Dec 1st.
I retired in October. My bonus deposit did show up yesterday the 13th. Was more than I expected. I spoke to a couple of friends who retired on 12/1 their amount also showed up. Two buddy's who were SIRP'd in August their amount showed up as well. Pretty much on target for the time frame.
Still employed at FMC, but my target changed from what was previously communicated to me and what is recorded in My Ford Benefits. Of course, it is less. WTAF.
Well this was just another way to sc--w SIRP'd folks. Some of whom still are looking for jobs and could have really used that extra 10%. It maybe even throw them a bone and give them 100%. But no. Sc--w them. They already are at a 8/12 prorate.
This is your most ethical company at work!!
I’m a Dec 1st retiree. I got 90%, and I’m happy with it, even prorated for 11 months.
90% * 148% * 11/12 = 122% of my original target.
Anyone still posting that got SIRP'd in April? If so please report if you got anything. I have a feeling several of us will be in your shoes for 2023. I think the SIRP happens in the next few weeks.
Even for current employees 80% is the new 100%.
So retirees got 90%. SIRP'd got 80%.
SMH
I retired in October and looks like I got AICP Target at 148% * 10/12 * 90%
Ok that's what it was. If I change the .67 to .666666 it comes out to your exact amount.
What is funny if Ford increased all of the targets for 2022, but then made 80% the baseline.
Farley is a snake.
Mine was just the math I did on target of $9500. My guess is that I'm off somewhere in a decimal, maybe they used .66 instead of .67 for the prorate
Looks like I was liked just slightly less than you - my net was $4,956.61. Seriously why the F would these be different?!?!?
Based on that math it looks like they have those of us SIRP'd a personal AICP percentage of 80%
9500 target
- 1.48 is 14060 (company AICP)
*.8 is 11248 (personal AICP)
*.67 is 7536.16 (prorate for 8 months)
*.661 (for tax withholding)
Net: $4981.40
Target was $9,500
Do you remember what your target was? $12,000?
Got mine yesterday. GSR8 SIRP'd in August. So assuming 8 months of bonus I netted a little under $5k so looks like I got a little more than 100%. Knowing Ford I wont see the paper statement for another month!
In another thread a SIRP'd in August poster said the pending deposit was for more than he was expecting. But he didn't give details.
If I had a pending amount I'd pay the math here for you all. In fact, I'll do that tomorrow after I get the deposit.
Technically speaking the AICP is for 22CY performance, but I wouldn't doubt they give retirees and SIRP'ed folks the short end of the stick. I nearly met stretch goals last year, no reason I should only get 100% of the 148% target, but I figure the system is rigged.
I am a December 1 retiree using chase bank and I don’t see anything pending yet but expect it to be deposited tonight. Two other recent retirees see pending deposits in their bank accounts. PS - they believe retirees will get 100% of target bonus and not 148% like we had hoped. Oh well at least we are getting this bonus.
Nothing in my account yet, with Chase. SIRP'ed in August. I know a few folks who can see pending deposits in their accounts.
I am a current employee and can see the bonus as pending on my DFCU account for deposit on the 15th (as well as my normal pay as a separate deposit for the 15th) . It is more than last year.