#compensation

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Strong offer - Do I leave?

I currently have a strong job offer outside of Target (roughly a 20% raise). I work in Supply Chain in HQ. I’m having a hard time deciding if I should just stick it out through this hard period or if I should leave. It’s with a well established Fortune 500 company here in the Twin Cities. How would you evaluate this with Target’s potential in the future? I’m afraid to jump.


So that is why there is no salary raise

Because first we had to spend it on penalty.
Next year, because we had to spend it on restructuring.
Next year, because we were not done with restructuring yet.
Next year, because it was tough year.
Next year, because we need to restructure again.
This year, because we URGENTLY NEED A NEW LOGO and another AI bull...

This is comedy gold


Still no raises for the folks making work work

Xerox Holdings Corp (NASDAQ:XRX) announced the appointment of Chuck Butler as chief financial officer, effective December 3, 2025. The company disclosed the executive change and related compensation adjustments in a statement filed with the Securities and Exchange Commission.

In connection with his promotion, Butler’s annual base salary will increase from $500,000 to $550,000. His target annual bonus under the company’s Management Incentive Plan will also rise from 80% to 100% of his base salary. Butler will be eligible for a long-term incentive award in the 2026 annual cycle, with a target grant date fair value of $2 million, and may receive additional long-term incentive awards in future years, subject to board approval.

Butler will receive a monthly housing allowance for 12 months, not to exceed $70,000 in total, and will continue to participate in Xerox’s benefit plans, including executive financial planning assistance and other executive benefit programs.

The filing also states that Butler may enter into a change in control severance agreement with Xerox Holdings. If a change in control occurs before December 31, 2026, and Butler’s employment is terminated without cause or he resigns for good reason within 24 months following the change in control, he will be entitled to a lump sum cash payment equal to two times the sum of his annual base salary and target bonus, as well as continued medical, dental, and vision coverage at active employee rates for up to 18 months, subject to certain conditions.


Left after 10 years

After 10 years with UHC I finally called it quits over a month ago. It's been the most relieving feeling I have ever felt, seriously no lie! The constant changes, being chastised by a big headed manager who did not take accountability for her own faults, and exceeding expectations on MAP review but never reaping the benefits from it. The job that I am at now I make 1.20 less an hour but still make more, make it make sense...where was all my money going. Also my health insurance is so much cheaper and better, I never understood that? Run don't walk if you can, find something that works better for you and your family and also better for you financially.


The Enshitification Will Continue

They aren't going to let up.

Let the decreasing 401k match be a clue as to how RRP and Merit funding will be this year.

By decreasing the 401k match by 1%, they on average TOOK $1,000 dollars from a UHG employee making contributions. Compound that $1,000 over ten years and you're at $15,000 that the company took from you. Now do that every single year. They will keep bending us over and you're a su---r if keep giving this company anything more than 10% of your effort because they sure as heck aren't giving you anything


Cost cuts are everywhere

Layoffs, lean projects, slow attrition, all of it stretching into FY26. Budgets are down across teams, and even if you survive the cuts, raises and bonuses are going to be miniscule or won't even happen. Being kept on doesn’t mean things look brighter for any of us.


Wtf fidelity

0.5% raise AFTER being an exceptional performer????

I got much higher raise when I was SP last year.

Yes the higher bonus was something I expected.

But negligible increment seems like a strategy to keep employee on their toes and live in uncertainty about their future bonus.

My manager seems to be the biggest snake, how the he-l does base pay raise work????


Crain's article this AM - HCSC Top Execs Get Big Raises

Full article pasted below.

https://www.chicagobusiness.com/health-care/hcsc-top-execs-got-big-raises-2024-despite-income-drop

Top executives at Health Care Service Corp. received hefty raises, including multimillion bonuses, in 2024 despite a 54% drop in net income for the parent of Illinois' largest health insurer, Blue Cross & Blue Shield of Illinois.
CEO Maurice Smith earned $34.4 million, a 23% increase from the previous year's total compensation of nearly $28 million, according to financial records obtained by Crain's through a Freedom of Information Act request. Smith's salary in 2024 dropped by $161,000, but he pulled in nearly $33 million in bonuses. The double-digit pay raise in 2024 followed a 26% raise from 2022 to 2023.
The raises, which are in line with traditional hikes in salary and bonuses at Chicago-based HCSC, came at a time when insurance premiums were skyrocketing and health care costs continued a decades-long escalation.
The pay hikes also came during a year in which HCSC recorded an increase in total revenue from $54 billion in 2023 to $62.8 billion in 2024. However, the company saw its own benefit expenses and administrative expenses rise and its insurance underwriting post a loss of $572 million dollars, compared with a gain from underwriting in 2023 of more than $1 billion. All that led to net income of $659 million, down 54% from the $1.445 billion in net income in 2023.
Smith's compensation eclipses his counterparts at publicly traded, nationwide health insurers.
The average CEO compensation across seven leading companies in 2024 amounted to $20.9 million, up 1% compared with 2023, Crain's sister brand Modern Healthcare reported.
Total compensation increased for the chief executives of UnitedHealth Group, Cigna, Centene and Molina Healthcare, while it declined for the CEOs of CVS Health, Elevance Health and Humana, according to filings with the U.S. Securities & Exchange Commission.
UnitedHealth Group CEO Andrew Witty led the pack with $26.3 million in compensation. His compensation rose 11.9%. Cigna President, CEO and Chair David Cordani and Centene CEO Sarah London saw double-digit percentage increases in their total pay to $23.3 million and $20.6 million, respectively.
The 10 highest-paid employees at HCSC received a combined $104 million in 2024, up about 17% from 2023.


Let’s just watch it all crash and not say anything!

In 1914, unskilled Ford workers were paid $5 a day for a six-day workweek — totaling $1,560/year, roughly 75 ounces of gold at the time. Today, with gold at about $4,210 per ounce, that same 75 ounces would be worth over $317,000. Meanwhile, the median U.S. worker earns ~$62,000 — just 20% of the 1914 real wage. A century ago, a basic wage meant real security; now it’s daily struggle. The system is criminal.


Getting a Pay Cut...

Got an annual raise of 1.3% as a TDGUS employee. U.S. inflation is probably in the 2.5-3.0% range next year (~2.9% for 2025?) - so I'm effectively getting a pay cut. Why does the bank think this is OK to do? I like working here, love my work, and enjoy collaborating with my coworkers. Rated middle of the pack - I'm not expecting a crazy raise or anything - but at this rate I will have to start looking for another role inside or outside the bank just to keep up with the cost of living. It's just depressing that to see $hit like this...


Layoffs, No Severance, No Relocation,

Poor Raises, Poor Severance, No Upward Mobility, Cafeteria Style Seating for Your Workday, Garbage Stock Price

Job Well Done John Stankey
Recent Warner Brother Sale to Netflix is another glaring Bat Signal, Exclamation Point, Nail in the Coffin at your utter buffoonery in running an Organization.
At a bare bones lowball minimum(aka what you sell assets for Stankey Style) you have cost shareholders $100B in equity value. At an absolute ceiling(what you buy assets for Stankey Style) you have cost shareholders $250B in your career as an Executive at ATT. You get played like a fiddle at the poker table time and time again but of course it is with other people's money and lives. Total failure in the business world.


Where is my paycheck?

How does a company the size of AT&T completely fu-k up the final compensation checks for the employees they just laid off? Overpayment, underpayment, it is complete chaos & they simply don't give a sh-t. It's the holiday season. Mortgage still has to get paid.

I received four separate pay stubs and none of them match my direct deposits.

Plus, my supervisor had no clue on process so I am getting requests to complete tasks that should have been done before they walked me out the door.

AT&T can't get anything right.


Layoff and severance data

The quarterly earnings release is a good place to check for numbers. You can find it online. Q4 is obviously not available yet; these are from the Q3 report:

  • Compensation, benefits, and related costs in Q3 2025 of $632.5 million decreased […] $16.3 million from Q2 2025. The decrease compared to Q2 2025 was primarily driven by lower salaries and benefits, reflecting a decrease in average headcount of 1.9%. Long-term incentive compensation expense also declined due to higher forfeitures. These impacts were partially offset by a higher bonus accrual. The firm employed 7,830 associates at September 30, 2025, a decrease of […] 2.9% from 8,063 associates at June 30, 2025.
  • The restructuring charge in Q3 2025 of $28.5 million reflects compensation costs, primarily severance, incurred in connection with the July workforce action.