#bonusstructure

I've made decision to leave the company regardless of what happens with the layoff. I'll likely survive, but would gladly take the severance.

My question for today is: Does VZ still pay the full STI amount for 2024 if I resign in January 2026?

1) Another RIF in March
2) Bonuses being revamped downward
3) Severance package to include one week per year of service
4) Another RIF in August

Has anyone heard news
of corp bonus payout timing and/or percentage?

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…..

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?

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?

If grades change up/down prior to 8/31 then I assume bonuses for T2 will reflect using the new grades.