Limited bonuses and raises this year - very limited pool. Factors include prior year over year increases, job change increases, , if you received a mid year raise for less than $100k people. If you received any of those that will be used against you in 2023. I guess if you’ve worked your a-s off the last a few years and did get an increase then it will be used against you. But I could manage a car wash for Buc-ee’s and make double the pay.
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Anyone heard anything further on this topic...? We usually hear by end of January, but am anxious....
I was already told 15-20% less on Bonuses. Also was a mid year hire and went from a band 6 to band 5 and was told no increases. I would prepare for the worst this year.
They could have skipped the cr---y free lunches for two months and increased our bonuses. They really weren’t free. Those of us who get lower bonuses paid for everyone’s lunches.
Record profits was in reference to 2021 FY. Even with that, the increase we we given last year only brought the pool up to the level of several years prior.
if you read further, did say no surprise pool is down this year.
Am still mad about our team not receiving record payout last year after they touted the earnings so much. Plus, making everyone RTO when we performed better WFH.
Record profits? Not sure where you get your info. Earnings are way down this year, as well as the stock price. Why is anyone surprised there will be an impact to bonuses??
Guess those free lunches were not free after all.
Instead of getting 6k, I may get 5k. It will not change anything of my life..
After they touted the modest increase in last year's bonus pool as "restoring to prior level" (like we should be so grateful after working our azzes off to deliver RECORD PROFITS). Where did all those record profits go?
Not surprised to hear a haircut on YOY payout, given dampened returns, but they could at least treat us better, instead of just patting themselves and their cronies on the back for what a great job they're doing.
Don’t make any big purchases.