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Do you know how much Dan getting paid?

As CEO of Verizon Communications Inc., Dan Schulman receives an annual base salary of $1.5 million, with total compensation reaching $34.3 million for his partial year in 2025 (including stock awards) and potential performance-based equity and bonus packages scaling up to $59.5 million or more depending on performance targets.


Not Rock Bottom Yet

The hits keep coming, but this isn’t even rock bottom. Rumors are more losses in the pipeline. KFC is significant. Marriott was significant. 35 year Pepsi partners calling it quits is really bad PR for PEP and a major red flag. Poppi not going to save us. Alani not going to save us. Siete another bad purchase. If Ramon has his job through mid 2027 I’d be shocked. Ram needs to go as well. Reorg coming in next few weeks. If you think it can’t get worse, you are in for a big surprise. Outsourcing will continue, consolidation will continue, you will do more with less. You will not be rewarded with merit or bonus. Buckle down.


Forced "Promotions" for Phone Roles

Poor decisions were once again made. Roles that no one has interest in such as CSS1/CSS2/CSS3 were created last year and now they don't have enough people to fill them because there is no incentive.

They refuse to tell you what the pay is before you go into the role because the real answer is, the pay will be around what you're already making... maybe a tiny bump for triple the work/stress. If you make higher pay due to working later shifts, you'll probably be making less... all while your bonuses and other benefits have already been getting gradually worse year over year.

This is where the soon to be forced "promotions" come in to play. Completely short-sighted... but no one seems to care about that. Instead of creating roles people are semi-interested in and justly compensated for, they're going to force reps into these roles they'll hate... ensuring the customer gets a sub-par experience at best. Amazing.


Morale is in the toilet

I see posts here debating if there is going to be an EOY layoff, we can’t know for sure, but I think that points to a bigger morale problem. Associates have lost faith in the future of the company. I’ve been here for almost a decade and never seen this many people genuinely hopeless going into the next year. Almost everybody I know at T Rowe has told me that they’ve looked for a new job, but the market is so sh---y. I’ve even had people tell me they wish they’d be part of the next layoff just so they’d have the time and energy to search for a new job. Some have been lucky and secured another job, but I think most are just waiting the market out. I don’t think things are going to get better here, especially with all of the initiatives related to Next90 emphasizing productivity and efficiency. Personally, I’m just waiting to get my bonus then search aggressively for a new job in 2027.


What Do Your Annual Bonuses Look Like?

Curious to know what bonuses look like for everyone at Citi. I was a VP, and my first year I received no bonus at all. In the years that followed, my annual bonuses typically ranged from $800 to $1,000.

I’m interested to hear what others have received, particularly those at the VP level. Were my bonuses unusually low, or was this pretty standard across the bank?


Fall bonus

The union ,many many years ago in all of its continuous wisdom, agreed to have crafts’ once a year bonus based on actual stock price in the fall. I think it’s either in Oct or nov. At least here in the southeast. Whereas we once got at least a 1000 dollar bonus every year, we are now lucky to get a 100, maybe 200, maybe even 500 or 600 if we are really lucky. Most years we have been very unlucky. AT&T stock always seems to crash and burn just before the company has to cut those bonus checks. Funny how that works. A conspiracy theorist might conjecture it was all by design. Hmmm….


Fidelity Profit Machine

Go brrrrrrrrrrr....brrrrr..... So if you're not getting a good share, they're trying to tell you something... You're not a part of the club and your contributions are not valued, so take the hint and resign so everyone else can have a bigger bonus and share payout. Thank you for your attention to this matter.


Q: Delivers Strong Results

Has anyone figured out whether getting Delivers Strong Results in all three categories actually matters? We keep hearing about performance reviews, Talent Ranking and TDP, but it's still unclear what really drives compensation and promotion decisions. Someone here mentioned getting Exceeds in two categories and still receiving no raise or bonus. Has anyone seen strong ratings make a meaningful difference, or are the decisions already made during calibration regardless of what your review says?


Walgreens Store Managers Quitting in Droves?

Walgreens is experiencing significant turnover among its store managers. Reports indicate that many managers are quitting, particularly as bonus periods approach. This trend is driven by several factors:

Challenging Working Conditions: Managers face increased workloads and pressure, leading to dissatisfaction.
Inadequate Compensation: Many store managers feel their pay does not reflect the demands of their roles.
Deteriorating Work Environment: There are concerns about a hostile culture and micromanagement within the company.
Impact of Bonuses on Turnover
The timing of bonuses is a critical factor influencing resignations. Many store managers are reportedly waiting to receive their bonuses before leaving, suggesting that turnover may spike around these periods.


What other store managers will be quitting after they receive their bonus, and spending Chridtmas with family?

Current Situation of Walgreens Store Managers
High Turnover Rates
Walgreens store managers are indeed experiencing high turnover, with many quitting their positions. This trend is largely due to:

Challenging Working Conditions: Managers face increased workloads and pressure, leading to dissatisfaction.
Cost-Cutting Measures: Following the company's transition to private ownership, significant cuts to hours and employee benefits have been implemented.
Employee Sentiment
Many current and former employees have expressed concerns about the following:

Deteriorating Work Environment: There are reports of a hostile culture and micromanagement.
Inadequate Compensation: Store managers feel that their pay does not reflect the demands of their roles.
Impact of Recent Changes
The transition to private ownership by Sycamore Partners has intensified these issues, contributing to a perception that the company prioritizes financial returns over employee well-being. As a result, turnover among store managers is expected to remain high, especially as bonus periods approach, which may prompt further resignations.