#compensation

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CEO pay

This is the thing we're not talking about enough. https://www.startribune.com/us-bancorps-ceo-pay-increased-14percent-in-2024/601233686

U.S. Bancorp’s CEO pay increased 14% in 2024
Andrew Cecere realized $15.9 million in total compensation for 2024


Exceeds history → Meets this year with INCREASED work. Are they forcing us out?

Long-time IC in Controls. Exceeds (or Consistently Exceeds) for years – same leader, same scope, volume, quality, and achievements - the language that used to get Exceeds is now documented as Meets/“High Meets” (which means nothing, makes you nothing, but a su---r).
Boss said no one on the team got Exceeds. Several big items completed in Q3/Q4 “won’t count until next cycle” per manager although that’s not what I was told at mid year.
Meanwhile, folks doing bare minimum (some barely in office) also get Meets, and some lower-in-range are getting raises while high Meets/higher-in-range get $0.
Hearing this is widespread forced calibration / distribution in Controls areas – entire teams capped, downgrades from Exceeds to Meets/IM despite no performance drop. Some threads mention 10% forced IM ratings, RTO used as excuse for lowers, and budget issues hitting higher-paid/long-tenured folks hardest.
Question for others in similar boat:
• Is there any meaningful recourse? (e.g., formal dispute through HR/ethics line – has anyone actually gotten a rating changed or it backfired?)
• Does this feel like a way to push out top performers/high earners (maybe to manage comp costs or make room in layoffs)? Or just calibration gone wild this year?
Not looking to rant endlessly – just trying to understand if fighting it is worth it or if it’s time to dust off the resume.


PTO Payoff after layoff

Laid off on the 12th. Had the normal two weeks of PTO replenish as of the first of the year. I was told my balance would be paid out. Checked account today and the balance was recalculated and now it's zero. I'm assuming that I won't get that paid out now? Or does that mean they've already taken it out because I'm getting my last payroll check next week?


What is your total compensation breakdown?

Hey, its a tell all, what's your base salary increase/decrease and bonus increase/decrease, and what is your LOB (or field if business), JPM location (or overall area). Give percentages, or as much detail as possible. Are you depressed about comp?, are you going to quit and why? How long have you worked here? Etc. Let's be transparent.


Take advantage of Dell's education program to find a new job

I've been at dell for 6 years now and to date, I've milked about 25k in certification programs from them. These courses/certs mean NOTHING to dell and won't help for a better raise or promotion but, they are resume builders and look good to other jobs. Plus, at the very least you get them to pay for courses you otherwise wouldn't afford, or care to take due to money constraints or whatever.

Two of the courses I've taken are 10k each - so that's 20k right there. The others were each about 2k each. A certificxation means nothing to dell though. you could get the highest sought after xyz and it won't affect your raise, bonus or chances of promotion whatsoever, so might as well just take courses on their dime that other companies 100% WILL value.

Also, since we have a $500 "fitness" reimburstment program, I suggest going out any purchasing $500 worth of weights, keeping them in the boxes, then submitting that receipt to Dell for that $500 reimuburstment. THen go return those weights for a $500 profit.


Record Year

Just saw an official Schwab social media post about how well the company performed last year. It’s too bad that won’t translate into better merits and bonuses

Had a quick talk with my manager today and they said merits and bonuses were virtually identical to last year. How?!

When the company performs poorly, we get merit and bonus cuts. When the stock skyrockets, we remain stable, all while the EC enriches themselves. Approves 20% pay increases for themselves, stock options, golden parachutes etc.

Pay increases for us plebeians doesn’t cover inflation and the rising cost of living. What is the actual point or incentive to try at this company? Promotions are political, not based on merit. Pay increases are stagnant. You’ll get your 2-3%, smile, and keep toeing the line or you’ll be kicked to the curb. Sh-t is discouraging, man


Leaving first week of the quarter

Sales reps, did you receive your last commission check if you quit in the middle of the month? Since we are credited upon shipping, anything that has shipped prior to our last day we should be paid out, right?
According to HR: Incentives paid will include any commissions earned prior to your last day of employment (as defined by the terms of that particular plan or program). Any sales incentives due under your sales incentive compensation plan prior to your last day of employment will be paid on the normal commission pay dates.


Quarterly results

Can someone who is smarter than me help me understand how good or bad the quarterly results, and because of timing, the annual results for 2025?

It seems like we had a really good year but I can be reading this wrong. But I'm getting upset that it looks like we had a good year but I know the compensation numbers are horrible this round. And if that's the case, they do not in fact pay for performance.


Any guesses on STIP % this year?

I’ve looked at the financial goals for 2025 STIP from the last proxy report and have been tracking them all year. It seems likely that the year should exceed 100% of all 4 financial goals. But of course with the new regime who knows what will happen. Thoughts?

STIP 2025 annual metrics as of 3Q25

Adjusted OIBDA $3.1b now 2.46b
1Q $688m
2Q $824m
3Q $952m

Free cash flow $250m now 255m
1Q $123m
2Q $117m
3Q $15m

DTC OIBDA ($837m) now 388m
1Q ($109m)
2Q $157m
3Q $340m

DTC revenue $7.8b now 7.06b
1Q $2.74b
2Q $2.16b
3Q $2.16b


Wait 70% of Frontier is Union!? Tf?

Frontier is a very lean organization compared to us, and 70% of their base is union who entered into a 3 year contract towards the end of last year - basically ensuring a certain pay till 2028. Where on earth are they going to cut when Frontier is already so lean with little to no fat?


Deadline for Merit Increae

I didn’t have a meeting with my manager regarding my bonus or merit increase, and I was wondering if anyone knows when the deadline is for those discussions. Will a compensation statement still be released if there was no bonus or merit increase? I found this a bit surprising, as my year-end review was “Meets Expectations” and the feedback throughout the year was very positive.