#meritincrease

Chris: “we’ve had another stellar year. Recording breaking. Our strategy is firing on all cylinders.

Merit increases thus year will be 2.5%. Inflation is 6%. Yes, I know that your standard of living decreases every year you stay at TransUnion. But I’m not the chump. You are. Because you stay.

Sorry about that. All these first class airfares to fly around the world for dubious business benefit sure do add up. “

I received an end-of-year promotion but the % increase is barely larger than the typical merit raise. Anyone else in the same boat?

It’s clear that merit increases are less now for remote workers than onsite, but anyone know for sure about bonuses?

No matter how well you were ranked this year, no merit raises for next year (effectively a pay cut if you factor in inflation). A whole year of trying to care to essentially be told I was d-mb for not doing the bare minimum. We all know that John May has said he's never going to pay someone to quit ever again, so how long before he decides to not pay us in a layoff?

Can anyone confirm what these differences are in the remote vs hub merit pools? Does hub get more, or does remote just get less?

I’m seeing a lot of anti-HBA sentiment on this board. As a leader who has both St Louis and HBA folks on my team, I thought I’d share some insight.

It’s not that great being an HBA. Though there is flexibility, they take a hit on compensation. The merit increases are based on St Louis cost of living. St. Louis is much more affordable than most other metros. So, what that means is HBAs have not seen any real salary increase. Every year, they fall further behind due to their local cost of living.

Just wait when the low low merit comes and the lowest AIP you have ever seen get communicated. Wont be long

Anyone else hearing there will likely be no merit increases next year?

Don’t expect me to strike for a contract that fu--s over new members at every turn. I will continue to work BAU. I couldn’t care less about retiree benefits. Meritocracy is the only fair system, seniority doesn’t mean sh-t to me. Take the package and enjoy your pension.

anyone get notified yet on if you’re getting a grade bump? assuming directors have either approved or are reviewing nominations

For two years straight I have not written mid-year or year-end comments for myself and it’s had no impact on me. I am a director reporting to a senior director. I write constructive comments for my directs, but I just don’t care and feel that no one ever reads my comments anyway. I just feel like it has no bearing on the 1.25% merit increase, so why bother?

Town hall seemed to say everyone is going to have a 1 on 1 with their manager this month to talk about their future. Surely wouldnt bother if there isn't bad news to break.

Also no merit increases again, su-k it up.

Who else finds it shameful and offensive to employees that Ricoh has can spend millions on a useless Dealer meeting in Nashville (following Printing United) amid a freeze on merit increases and rolling layoffs? Who are they kidding?... Most of what was presented - except for A3 MFPs and Brother-A4's cannot even be sold by their Dealers.

Sycamore is mandating a four-day commute to Deerfield starting in February, which significantly increases out-of-pocket costs for employees, especially those who commuted to OPO previously. Yet, despite 3% inflation over the past year, salaries are not being adjusted - not even to cover a basic cost-of-living increase. What a slap in the face

Anyone in planning or any managers have any insight on if we will be getting raises at the end of the year? And if so, how much? 2%, 3%?

Has anyone heard that analysts may be guaranteed a certain salary increase and such increases are higher than what the officers of BNYM receive?

https://________youtube____.com/shorts/J8HUO4WWuXM?si=48KPE9CuB84_L8Xg
When HR got rid of proper performance reviews, when they got rid of individual merit. When they began to believe that the manager was more important than the individual contributor in delivering what was required....

Don't forget to fill out your common review to highlight all your accomplishments over the year and also submit your peer reviews. If you go above and beyond and are a high performer management will reward you with a low merit score of a 2 or 3 and give you no bonus only to give 3 and 4 scores to those who kiss their behinds and are their favorites. Then place you on a CAP if your lucky only to lay you off. Also, please fill out your survey as they care about your feedback

Since I know Fiserv leadership has watchers on this board...let's make this an option next year. Just finished reading an article that researchers found employees would accept a lower wage in exchange for remote work. Fiserv could save some coin on merit increases if they allowed employees to exchange some % for remote work flexibility. What would you exchange for more remote work?

October 2023 : “ By 2026, Xerox projects a rise in operating income by at least $300 million (€285 million), reverting to double-digit adjusted operating income margins”.

October 2025 and the stock price if a quarter of what it was at the announcement time above, already having dropped by half over the prior 5 year average.

SteveB will say it is on track, he will say the Lexmark acquisition is key to the future growth, but this was not in his plan two years ago.

Does the. Lard really believe the continuing change of rhetoric from the CEO. The SLT all nod with appeasement, no one dare disagree, but all happy to take their pound of flesh and stock options ( although each time a worth less and less ).

No merit increase, frozen 401k.

What belies the future - will we get anything from the upcoming Q3 release ?

Hello everyone rebadged. Have you already had one-on-one meetings with your managers regarding merits? Will we receive the same as in Sabre, meaning the standard 2%?

How does a company with record profits not have any budget for paying their employees?! I have an IPF of 140 but there is no budget for salary increases or RSUs?! What a joke. I bet the executives all get their salary increases and stocks. Company is broken. But they LOVE US and it’s because of US. Anyone else angry at our corporate overlords that are out of touch?

What was the merit pool last year. I remember some people saying it was going to be something crazy like 10%. From what I remember it has been 2% for many years. But as I am not management I wasn't really sure.

Underwhelming
Splitting it in 2 is demotivating
Great way to push talent away

Anybody have their compensation discussion yet? What’d you get?

BU
Grade
Merit Increase
RSU amount

I started in January as an engineer and was told a 5-10% merit bonus is typical. Other engineers under my manager have said in past years they have received bonuses. Is this true? When do we know if we get one and when are they paid out?

I was submitted to the promotion pilot in GT and I was wondering how raises could potentially work? Assuming I'm going from 30-35 or 35-40, is there any guidance on how much I can expect for an increase?

Any word if we'll get them this year? Mostly concerned about HGS and merit increases.

I’ve been at Cisco for nearly two years, and it’s becoming very frustrating. Last year, CPF was cut to 0.61, and now they’ve split merits and promotions, basically halving the budget again. It feels really unfair. On top of that, whenever I bring up a raise conversation, my manager guilt-trips me into believing I haven’t done enough, completely overlooking my accomplishments. I’m seriously considering switching jobs, but I wonder- is it the same everywhere? Are most people this unsatisfied at their companies?

Split in 2 Cycles:
1st in November
2nd in May

Basically, they just cut whatever peanuts you were supposed to get in HALF.

This Merit is terrible for everyone (except ELT ofcourse). I'm rying to give a “critical to retain” a small % increase and it dropped my budget next to nothing for the others.

Sorry guys but it's going to be a lot of disappointment, you're getting near to nothing in this reward cycle, dont get angry at us (your managers), Cisco ELT is sc--wing you.

Mind you, ELT compensation and stock price is/was at an all time high...

It is safe to say that the merit raises for the Accounting Department were total BS. Did not come close to keeping up with inflation.