#bonus

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What to expect? Comp?

Citi is my first job at a large bank post-grad, so looking for some perspective.

When I joined in August, I didn’t get a sign-on bonus but was offered a “target award” to be paid in February as long as I’m still employed through the end of this month. Two weeks ago, Workday showed an amount under “Target Award”, but I checked today and it’s now blank. Merit Plan= 0.00% , DIRA left blank

My manager also said we’ll be talking about comp today or tomorrow.

Should I be worried about not getting the target award or about job security? Is there a normal reason the DIRA amount would disappear? Also, is this the right time to ask about a salary increase, or does that usually happen after a full year?

Any insight would be appreciated.


Silent layoffs in Engineering

While support teams is getting axed, engineering is facing even more unethical layoff where all old timers are being humiliated and left with no choice but to resign. RSUs were already gone and now bonus will be majorly given to new people who are lured with big promises. Even time offs are being reduced every year and old timers are made to work like dne** with no accountability to the new people. People who some how trying to see through this are put into impossible situations. Brace for more mad stuff friends if you are still there !!


Bye Bye Bonus

Fresh off the presses: No scorecard this year, company-wide.

The board is about to approve the decision. That means no more numbers, which means they've effectively laid the groundwork for no more guaranteed bonus for all employees YOY.

This is effectively moving towards a distributed model, where you will be judged individually

  1. How much of your bonus will you get (already been happening last few years) and
  2. Now even if you will GET a bonus.

2026 off to a great start!


Got in trouble with HR for normal PTO usage

Had some wfh days due to flu/illness, and had too many PTO days that created a pattern.

Thanksgiving, Christmas, New years all fell on a Thursday this year, which led to a lot of my off days being similar and created a pattern.

Feels like I got in trouble for very PTO usage and not coming in when I was sick. Now bonus and pay raise is being threatened.

HR is absurdly strict last two years. Seems like they are overhired and just trying to drive people away or find an excuse to pay people less.


VRP and 2025 Bonus

So, we need to confirm our participation in the VRP before 2025 bonus amounts are decided.

Seems to me that a manager would want to minimize bonus amounts for soon-to-retire employees and bolster those who will remain on.

Does anyone have any insight on how this is handled?


Meta Annual Assessment

What do you think? Better system than ExxonMobil?

Outstanding (~20%): 200% individual multiplier, for "outsized impact" above expectations
Excellent (~70%): 115% individual multiplier, described as the "high-performance culture baseline"
Needs improvement (~7%): 50% individual multiplier, for employees with performance gaps who are expected to improve
Not Meeting Expectations (~3%): 0% individual multiplier, for those who "do not meet" Meta's standards
Additionally, Meta says it's introducing a new Meta Award, a 300% individual multiplier for a small number of top performers who deliver "truly exceptional impact."


Bonus 5% Mandatory Shares

For anyone not aware, it is mandatory that 5% of your bonus will be awarded in shares. Team members will only get told during their meeting. You get a minimum of 2 shares if you can't afford more.

Can anyone explain how this is calculated? E.g. if 5% of your bonus is taken for shares, but that is only enough for say 2.5 shares, how does it work? (What happens to the residual?)


Can 2025 Bonus and/or Pay Increase still change?

Talking to my manager earlier this week about my imminent promotion, he warned me bonuses and pay bumps this year aren't as good as he had hoped and to calibrate expectations. Then he commented something like "who knows though, the pool is still changing and may change last minute"

Is that true? Do managers still not have a set amount of money to allocate to people? It's crazy to me that even now it could change.


2025 Bonuses - Retail gets 150% - Everyone else 50% - 75%

We work for one company, Retail can't function without IT yet every year they get 30% - 50% more bonus payout. This year will be an even bigger slap in the face with IT getting less than half of Retail along with a measly 2% merit increase, promotions canceled, American IT jobs displaced to India, and layoffs in Q1. Why pretend RTO is for collaboration? It just makes leadership look dishonest.


How do bonus payouts work for layoffs in January

If you get laid off March through Dec, AFTER they paid you the bonus for the year before, HR will pay you a prorated amount of the bonus for the CURRENT year.

But people laid off in January or Februray, if your last working day is before the cutoff date (the date you have to be employed by to get your bonus for 2025), what happens then? Technically you are no longer employed at usb on 2/27/26 the cut off date.

DO they

  1. give you 100% of your target bonus from 2025 only (since there's nothing to prorate since 2025 is over)
  2. give you NOTHING for the whole year from 2025 and a small prorated bonus for 2026
  3. both of the above 1 and 2 combined

Ideally #3, but #1 would be ok also. But it better not be #2 because they would be f*d up.

If you think about it, if they lay you off in January and fk you over, you would have been paid more** if you were laid off late last year instead of early this year.

Anyone with an actual answer, not speculation peanut gallery, please reply. Thanks!


USAA Members receive $3.7 billion in financial rewards in 2025 - Big Fat Lie

What a bunch of lies! Facts below:

The $3.7B number includes $450 million in zero-interest loans as part of government shutdown program. That is a loan, members are expected to pay it back, you cannot include the full amount, the most you can include is the interest cost that has been waived.

Honor through Action $500 million over 5 years. You cannot include the full amount that you “plan” to deliver in next 5 years. Just include the amount that has been contributed this year.

These two are obvious lies from the report on our website, I’m sure there is more fluff that is included in that number. I bet the real number is much smaller.

Good thing we are not a public company so no one to keep us honest!

Juan Team, Juan Lie

PS: Annual Employee Bonus for Non Member Contact employees will become more opaque!


RICO

https://www.investing.com/news/stock-market-news/cvs-unitedhealth-cigna-accused-of-diverting-billions-via-shell-firms-93CH-4433238

Follow the money.

This begs the question of how budgets were managed in such a way to not only reduce bonuses and promotions but eventually cause mass layoffs.