Leading on my appraisal, but no bonus? Anyone else?
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Performing plus, but getting a measly ~1.0%?
WTF?
This company just got a multi year, multi billion dollar tax windfall, but gives only 1% (or less!) raises,? And b---s--- fake stock fake out? Mother F-ck. Can't wait for my riff.
Did they announce the sti is going to be 93% accross the board. Where did you hear this?
Network opertions STI number is 93%
Profit sharing is 1.5%
Does anyone know if sales reps get Sti's for wireless? No one can give me a concrete answer. Supposedly rumor is they did away with it last year when everyone got a raise when nps bonuses stopped
Nothing has come out yet regarding STI or raises. Should be soon
actually your bonus will be paid last payday of February.
Your raise will not be in effect until late March along with your 401K profit sharing. That number will decided by the Vz Board of directors.
Last years really s---ed.....
Does anyone know if those of us impacted by the December layoffs will receive the STI? This is what it says on the agreement.
If you are eligible for a prorated STI award, and your last day on payroll is prior to December 29, 2017, this amount is based on a
threshold factor of 67%. If you are eligible and your last day on payroll is on or after December 29, 2017, your 2017 STI award will
not be prorated and you will be eligible for a full-year STI award for the 2017 plan year, subject to normal STI plan provisions. In this
case, the prorated amount above will reflect zero and the amount of your 2017 STI award will be determined during the annual
compensation planning process and will be based on individual and company performance and will be payable in February 2018.
d) If your last day on payroll is on or after December 29, 2017, your 2017 MBO, CEI or SQI, if applicable, will not be prorated. You will
be eligible for a full fourth quarter MBO, CEI and SQI, subject to normal compensation plan provisions. Your MBO, CEI and SQI
award will be paid out at actual fourth quarter attainment with your final commission check.
You get your raise sometime in February. It always goes performance review then a few weeks later your salary sheet with raise and profit sharing.
Sorry, no bonuses this year. Lowell kept it all for himself and the jokers that work for him
So whats going on with bonuses? Does the stock replace the bonus?
ekh- The value of the 50 equivalent shares has nothing to do with the opening price. The shares will be worth whatever the value is on the vesting dates. It is fully explained on the Company's eweb:
The actual value of your payout depends upon the closing price of Verizon’s common stock on each of the vesting dates, 1/31/19 and 1/31/20.
Jokes on you jokers. I got a bonus of 50 shares, multiplied by whatever the stock is trading for on wednesdays' open.
OP here, I asked my coworkers, our management didn't say anything to any of us about a raise. I was wondering if any othere locations were told a percentage or that there will be no raises this year :/
When that happened to me I was Rif'd within 2 months...Goof luck!
I didn’t get a raise either.