Lets start a poll. With a 25% mid year bonus and our numbers still absolutely cr-p, what does everyone thing our CPF will be for the end of the year? I am projecting 70%
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Yesterday I had a nightmare I was still working there...and still held some stock.
75% CPF
No bonus this year except if you're ELT. ELT members who repeated AI more than 1000 times during the past quarter get a multiplier.
My guess is roughly 75% with low raise budget. Smthe good news is this would still equate to a 50% year end bonus since the first half was just 25.
Q4 revenue and earnings will be solid but remember bonus is based on the beginning year plan which we will miss by 10%.
I’m with OP. 70% CPF.
How on earth will earnings come out solid? The stock is down. Hence earnings will su-k
If you can relate stock price and earnings, you are in wrong line of work!! Go make big bucks.
How on earth will earnings come out solid? The stock is down. Hence earnings will su-k
Unless earnings come out solid, bonus and CPF would be lower. Few years in past bonus has been below 100% yearly basis.
Managers further ding employees with a poor ICF, as if the money coming out of their azz, further lowering bonus payouts. We live in an interesting time.
@ksl+1tr8FjVf, and RSU‘s. Some folks got RSU‘s after last layoff for the morale.
Bonus is part of the total compensation. Without bonus then Cisco salary is way below the market average. Cutting bonus is equivalent to cutting the salary. It happened before with 25% mid-year bonus but the year end was back to 100%. However, this doesn’t mean that there won’t be LRs. Bonus is meant for those who survive the LR in order to maintain the morale.