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No March bonuses

All of these unrealistic budget projections and talk of losing money is so they will not have to pay out on our bonuses. the 1st step in figuring the amount of money toward bonuses is company profit. It they company loses money, there is no profit, therefore no bonus money.
You should never count your chickens before they hatch but especially dont spend your planned bonus money because it is all but a given there will be none to very little come March 26.


HPE Offers & Increases

Seems like the offers are lesser compared to what we make at Juniper. From today's meeting, seems like the next pay cycle for us doesn't happen until end of next year.. They kept talking about such a huge number for bonus funding.. has that been really the case or is it just on paper.. anyone knows.. ?

Even if you get an offer, seems like we just have to hang in there until we move out..

I'm getting more and more detached from this combined team...


How are bonus determined

here’s my experience.

15+ years. ever since JG took over FIG here’s what happened. This is relevant to Directors+

In your employment contract they give you a fixed bonus. For example a Director who’s started in 2015 might have a $40k fixed bonus per year. what does that mean?

its $40k based upon how much frank funded it by. If Frank thought we didn’t do as well as planned directors and up might only get 70% of their bonus

Of course this varies based on position, tenure and how much they absolutely kiss a-s

but- every penny they got was based on them cutting costs in the next year. not on doing better, not on efficiencies, not on more sales.

and it continues…..


Are bonuses good here?

I started recently here and my manager let me know that the baseline expectation is a 9 hour work day for bonus-eligible employees. I learned from a coworker that non bonus-eligible employees are expected to work 8 hour work days. It sounds to me like it’s not so much a bonus as it is just pay for your additional labor. An extra hour a day comes out to ~6 additional work weeks in the year. Do bonuses far exceed what you’d need to make that extra time worth it?


Elevance insiders are not buying stock

https://finance.yahoo.com/news/insiders-elevance-health-sold-us-120011661.html

Article makes note of the fact that the senior leadership team is NOT buying Elevance stock, in fact they sold 6.7 million in stock. The story indicates that there was a purchase of 2.8 million in the last year but fail to mention that 2.4 million of that was a one time purchase by Gail B in July. SLT better skip buying watches this year and buy more stock to inflate the stock price if they want to get their undeserved bonuses!


Stock Buy Backs

Just a friendly notification. UHG has spent over $11B in the last year on Stock buy backs. The prior period was $9.1B. Instead of giving us living wage raises, or a reasonable bonus. These a--hats see fit to spend company resources to prop up the stock price through repurchasing. This behavior only helps the investor class, and it ain't you with your 23 shares of UHN. It helps Hemsley, Rex, Witty, etc. This is done at your expense. At the expense of your benefits, wages and sanity.

AT the end of the month another buyback will be disclosed. I'm guessing one of the largest ever (buy the dip with your billions). Think of this when they fire your coworkers, your friends, and they stick you with a 1.5% raise and send an email expressing "gratitude" for your hard work and take away bonuses. They don't give two craps about you, they only exist to siphon your labor, sacrifice your sanity and profit off your sweat while they sit in their fancy estates diving all scrooge mcduck into their $60M compensation package.


I was part of RIF in 11/2024, notified on 9/2024, was i entitled to bonus that year?

Title, I signed the severance package, but I totally disregarded the fact that I worked towards AR that year, am i entitled to that pro-rated bonus?

Was talking to a current co-worker of where I work now, and he mentioned that Teradata was like this and so was his previous company (although hes going through it with an employee lawyer since they didn't pay him).

TIA.


Fidelity Complexity: Firm Defined and Not Client Defined?

https://www.advisorhub.com/vanguard-to-pay-19-5-million-for-failing-to-disclose-advisor-conflicts/

According to Fidelity’s Advisor Compensation plan, Fidelity uses “complexity” as a factor in determining variable advisor compensation. But it does not necessarily mean “complex for the client to understand.” Instead, it could mean complex according to Fidelity’s internal judgment. A client may find a Treasury ladder or an index fund “complex,” depending on their experience. Does Fidelity classify those products as “simple,” meaning advisors don’t get as much credit or bonus for recommending them?

Don’t Fidelity Advisors earn more variable compensation for steering clients into Fidelity’s managed platforms or annuities and keeping them in those managed products or annuities? Doesn’t the structure ultimately bias recommendations toward Fidelity’s higher-margin products?

I guess alleged vagueness might protect the firm because “complexity” is not transparently defined. Fidelity can flex its meaning internally. Is it possible that it's difficult for clients to independently verify whether a product was labeled “complex” or not based on their needs or simply because it’s more profitable to Fidelity? Therefore, is the use of “complexity” subjective and firm-controlled and appears to be more aligned with Fidelity’s profitability and not client comprehension?


New week

Hi y’all
I hope you had a good weekend. As we look to start this week in our new reality, I feel so energized and proud to see our progress that we made in the last 6 months. We’ve managed to cut away less useful roles, brought in people that we love into those vacancies despite their lack of competencies. We expect these people to exercise growth mindset to continue our progress. We managed to find savings through these layoffs which will definitely add to my bonus next year. I am just glowing after finding those valuable $. As you know, money is my god! 😉

Lastly, for folks that are still having difficulty adjusting to this new reality, remember that I am with you in this journey. Please drop by my secret garden to enjoy the tranquility and the peace it provides me every day. I know I’ve benefitted greatly from those moments of silence. Off to my tailor as I get ready for the GP meeting to charge up those that are thinking of voting me out.

Have a great week!


Retirement....

Just curious how many of us at Oxy are ready to retire and can, but find it hard to walk away from the job because of the pay and benefits. I am still able to perform at a high level, but the routine of waking up so early and then working all day seems to be getting old fast lately. I have no complaints about Oxy, but it just seems I have lost my drive to keep chasing it all. Anyone else find this happening after the age of 60? My current goal is to make it to the next bonus round, and cash in my stocks and take the final bonus and make 2026 my final year working.


Intel Bonus Structure

Most companies I have been at clearly state the company’s bonus structure for employees. For example level A 10-15% bonus potential Level B 15-20% potential etc. Does anyone know if there is something like that at Intel? Does a "FPGA Enginner Grade 5" have more bonus potential than a “Product Engineer - Grade 6”? If so what are those numbers for APB and QPB?


Job Offer

I just got a job offer in bank, but I’m a little hesitant after reading here and a couple other sites. What’s the culture like in the bank? The recruiter really stressed the need to be in office minimum of 4 days a week and expect for it to shift to 5 days soon. (My current company has a very relaxed 3 days). It seems like the bonuses here are potentially good as a lead? He said to expect 20-25%? Any thoughts?


RTO is pointless

I don’t get why we’re being told to come back to the office. It doesn’t feel like it’s about the work. We already proved we can do our jobs at home. It just feels like productivity theater.

They say attendance is going to be part of reviews now. But the bonus is laughable and the RSUs don’t mean much. Doesn’t seem worth it.

What gets me is the execs still working remote. Some of them barely show up at all. Feels pretty hypocritical.

And honestly they can’t fire everyone. The company needs us more than they admit. These rules only matter if we all go along with them.


F*ck PP and her Cronies

This firm sold its soul awhile ago. PP can keep smiling that creepy smile and tell you it's going to be alright but it isn't. Her and her friends will give themselves more bonuses, bigger salary increases until this firm is either bought or goes public. Anyone getting laid off should do the least amount of work as possible. The firm doesn't care about you, why should you care about it.


Taking away bonuses for salary or hourl

I am a clinical worker grade level 24 and am hourly. A few weeks ago they sent that wordy bonus email saying that they were changing the structure of the bonuses or taking away them.

Can someone explain to me what is happening with the bonuses for someone who is hourly and a grade level 24?


401k true match-up and APB after leaving

Hi all, I’m planning to leave some time early next year. I understand that I would be eligible for APB (usually pay out mid Feb) and 401k true match-up (usually pay out late Jan) since I will be at Intel beyond Dec 31st. But if my last day is early Jan next year, is there any issues receiving the APB and 401k true match-up? Any datapoint from anyone had similar experiences from prior years will be greatly appreciated!


Omnissa just sc--wed Costa Rica

Omnissa reneged on the quarterly bonus owed to the staff in Costa Rica and are making them sign day1 contracts. Omnissa have lost up to half their customer base already. They are deploying full racist equity in the company, finding ways to cut peoples salaries while giving their managers promotions and pay rises. A third of the staff are now gone and they now have people in positions who cant do the job. The place is a complete car crash and the management are targeting people who are raising concerns.