#compensation

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Current pay level

I have worked at the bank since 2014. Several years ago I received a promotion to Sr. Lead Analytic Consultant. The raise that went with that promotion put me above the lower limits by just a couple thousand dollars. Currently that role is posting for $139K - $239K per year. After my increase this year I am still making below the lower limit. Is this normal? Are others experiencing this same issue? For background, I have been 'Meets' consistently over the last couple years but never missed an SLA or Training assignment.


Bonus Structures

I’m hearing stories of some colleagues across the business receiving contractual bonuses and some not, even though they are in the same position. Does anyone have any info on this? I imagine it was due to different LOB’s now being merged but seems slightly unfair?


Anyone else dislike RSUs?

While I understand the rationale from a Corporate Accounting perspective, as am Employee, these really suk. The price always goes down when they vest, so I end up earning less. My whole income stream (salary) it tied to this place, I do not need more exposure to an organization I have absolutely no say nor control in. Just give us ca$h, please. Also overcomplicates my Tax Filing. Ca$h is way easier. Please make RSUs go away.


Compensation/bonus, disappointing but unsurprised

Got my compensation letter today. I didn't expect anything great, but a 2% increase is disappointing; it doesn't even cover inflation. And the bonus has dropped so much from previous years, it gives you no motivation to go out of your way and 'exceed expectations' anymore. It seems like it doesn't really matter, since you're at the company's mercy and whatever they decide to give your department.

Definitely looking for a new job, outside the business. In the meantime, just doing my job exactly as specified, no more, no less. Not going out of my way anymore, thats for sure...


New Retail Comp plan in April?

My leadership has indicated new comp plan training will be coming in the next weeks, implemented as soon as April. Haven’t heard any more details besides this.
Anyone have any more information on this? This will be my fourth comp plan. Besides the move from team commission, usually comp plans are incentivizes to increase Verizon revenue while making it harder for employees to make money.


Made it though latest layoff, wait for APR/AIP

So the HR management call happened about the upcoming pay and performance week and some interesting but not shocking news. Apparently, with the restructuring in the career architecture and demoting everyone to lower titles, this also includes new lower pay scale bands for those titles and roles. So if you were a person who was previously in a role that now has been artificially demoted with a new salary band that is lower than your current salary, you will not be eligible for a merit pay increase because you’re outside the band for your new title. Just another way to squeeze people and not reward them for good performance. Comment on this if this turns out to be true next week.


John Stankey Salary

Below are the compensation numbers for John Stanley and some of his direct reports. Talk about having the best dream team in the world and falling so short on ROI and delivery very little value.

John Stankey - $26,410,845
Pascal Desroches: $15,477,119
Lori Lee: $9,889,903
Jeff Mcelfresh: $15,602,605
D. Mcatee: $13,637,271


You get a promotion to VP, You get a promotion to VP,...

What's going on in IT? Two years ago there was one VP/GM position, the CIO, although they were approved for two. Now there are three VPs, including the CIO; the second VP position (then GM) was filled in 2024. That's a big increase in comp as VP's are a min of $850K (salary, VCIP, and RSUs), plus other benefits. I guess the recent layoffs in IT paved the way for the increase in comp for the newest VP. Welcome to the club!!


Terrible Pay Rise/Bonus Again...

Another year, another slap in the face.

This year they are citing poor share price, poor USD to GBP exchange rate and increased head count due to acquisitions.

Surely acquiring new companies brings the revenue from those companies... If that revenue is so poor the rest of SS&C has to cannibalise their rewards to properly them up then something is wrong...

Also, every quarter this year we have beat EPS revenue and profit according to the earnings calls and also reduced debt.

I bet Stone and Rahul still got their ever increasing pound of flesh while the rest of us get stuffed!


New Comp for Retail Q2 - Less Pay

New comp for retail is coming… it’ll be announced next week but they’re doing away with strategic multiplier and solely relying on bucket dollars. Reps and ASM at risk will go up but no chance for Sr Mgr or Dir… kinda feel like they want us to quit before they have to fire us.

Someone said it’s prepping for a structure of 2 ASMs in each store and that’s it.

Who else knows???