#compensation

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How to survivr

Serious question for California employees only: How are you guys surviving on these McDonald’s-level wages?

With rent, mortgages, groceries, gas, insurance and everything else costing what it does in California, I genuinely don’t understand how some of these salaries are supposed to be enough.

I’m especially curious about people making around $50k–$70k a year. Are you living with family, splitting rent, working a second job, or just barely getting by?

California responses only please. I’m not interested in hearing how $60k is “great money” in Mississippi, Oklahoma, or some random low-cost state. I’m specifically asking how people make it work in California.


I wouldn't even mind being cut at this point

Doing the job of three people for the pay of one is not what I signed up for in the first place. I really wanted to work at Disney and getting this job was a dream come true. Boy, was I disillusioned fast. One big family my a-s. It's a well oiled employee-using machine that doesn't give a damn about you.


Microsoft Buyout Offers Detailed for Employees

Microsoft is reportedly offering voluntary buyout packages to approximately 60,000 employees, representing over a quarter of its workforce. An ex-VP of HR at Microsoft advises employees to carefully evaluate these offers, considering factors like compensation, benefits, and equity vesting. The decision hinges on individual financial situations, retirement plans, and the current challenging tech job market. Taking a buyout could provide a head start in job searching if layoffs follow. Expanding professional networks is also crucial for navigating career transitions.

Redmond, Washington

https://www.businessinsider.com/ex-vp-hr-microsoft-what-employees-may-not-realize-2026-10


Shame

A Georgia appeals court ruled against Delta Air Lines after the company reduced workers' compensation benefits for a baggage handler who injured his lower back while lifting luggage.

https://www.hcamag.com/us/specialization/employment-law/deltas-pay-cut-to-injured-baggage-handler-didnt-fly-in-court/595148


Cavanagh Salary

As many with stress, suffer, have sleepless nights concerned about how to manage upcoming weeks and months, ole' Mike won't be concerned about mortgage payments, health care, unemployment, child care, groceries and $5 a gallon gas, he will be sleeping just fine as he runs the company into the ground! Bravo!!

Comcast co-CEO Michael J. Cavanagh received a total compensation package of $71.76 million for the 2025 fiscal year, as disclosed in a proxy statement filed with the SEC.

2025 Compensation Breakdown

• Total Compensation: $71,756,644
• Base Salary: $2,600,962
• Stock Awards: $60,341,115 (includes a $35 million special award recognizing his promotion to co-CEO)
• Non-Equity Incentive Plan / Cash Bonus: $8,583,175
• All Other Compensation: $231,392


Just Ship Those Jobs Overseas

Here's what really bothers me about corporate America. These companies want Americans to buy their products, pay for their services, and keep their revenues growing, but they're increasingly shipping the jobs overseas. They want us as consumers, just not as employees. They extract wealth from the American economy while moving more of the wages and economic activity that wealth generates somewhere else.

Think about what that does over time. Every decent-paying job moved overseas means less money circulating in American communities. That's money that would have been spent at local businesses, restaurants, stores, and on housing. That's economic activity that would have generated tax revenue to support schools, roads, and infrastructure. Instead, more of the gains flow to shareholders, and a disproportionate share of those gains goes to a relatively small group of wealthy investors.

And these people aren't even taxed the same way workers are. Someone working 50 hours a week pays taxes on their wages, while someone sitting on millions in appreciating stock can accumulate enormous wealth without paying taxes on those unrealized gains. We've created something resembling a modern rentier class, where owning assets is increasingly more rewarding than actually working.

Meanwhile, the stock market keeps reaching new highs, but wages aren't keeping pace. Investment wealth can grow several times faster than workers' earnings, and the gap compounds year after year. The people who already own assets get richer, while the people whose labor keeps these companies running fall further behind.

Then add housing and food inflation. Workers are getting squeezed from every direction. Even when their wages increase, their disposable income barely moves. For young people, it's particularly brutal. In some markets, saving for a down payment can take something like 16 years instead of eight a generation ago. How are they supposed to become independent, buy a home, start a family, or build wealth when the entry point keeps moving further away?

Homeownership has historically been one of the main ways ordinary Americans accumulate wealth. Now we're making it increasingly inaccessible while rewarding those who already own property and financial assets.

And here's the part that really gets me: corporations still depend on a functioning American middle class to buy their products. But they're systematically weakening the very people they depend on. You cannot keep extracting purchasing power from a society while eliminating the jobs and wages that create that purchasing power in the first place.

This isn't sustainable. Eventually, you end up with a country full of consumers who can't afford to consume, workers who can't build wealth, and a small ownership class accumulating an ever-larger share of everything.

We're not building a prosperous society anymore. We're building an economy that works brilliantly for people who already own things and increasingly poorly for everyone who has to work for a living.


Not a layoff but USCAN overlay teams just lost their auto allowance.

This results in a ~10,000$ pay cut to each team member on one of the most talent rich and senior teams in Service and Support. Why you ask? Well not to save a measly $550,000/year. Thats half of an X+ if you're interested. It was to align global roles. And the call came from inside the house. This was all done by a leader within the organization. Will we see a mass exodus of talent and experience leave Illumina as a result? A 10K pay cut in today's economy could break some. Remember we also lost annual RSU grants too.


Nurses Secure New Contract with Job Protections

CentraCare's Monticello Hospital nurses have ratified a new three-year contract with the Minnesota Nurses Association. This agreement addresses concerns stemming from previous layoffs and departmental changes. The contract includes wage increases, improved layoff protections, and modifications to staffing practices. It aims to enhance job security and stability for the 113 nurses covered by the agreement. Negotiations focused on wages, health insurance, and workplace protections.

Monticello, MN

https://www.hometownsource.com/monticello_times/monticello-nurses-ratify-contract-after-three-rounds-of-layoffs/article_c4b2d83f-1b92-4668-9627-4556f0148014.html


Severance

Severance entitlements are being reassessed for next year following some significant payouts. There is a project to focus on reducing severance costs in key high-cost countries, with TPO leading the initiative another thanks to Bob and his benefits / compensation teams.


Open Enrollment for ‘27

Uhhhh I just looked at what the new plans under Aetna will be. Costs for many will increase by 15%. Let’s see? More stress, more hours, more anxiety, more commuting costs, more health, dental and vision costs next to a 1-2% salary increase- if you are lucky.
‘Eliza, why am I getting poorer at BNY while do nothing executives get filthy rich?’


New pay raise amounts? 3% or 4% for successful

So it’s pretty clear for 99.9% of workers we are going to get “Successful” or less. My question is what percentage is that? The manager that had our meeting said it’s 4% and can go to 2% with bad Points. But every one I’ve talked to said it’s actually 3% and down from there if you have points. 4% percent is all ready bad enough as they promised 6 for tenured works that dedicated their lives to the company. But 3% is an absolute joke that doesn’t even cover inflation


Who actually qualifies for Fidelity share grants?

I hear people say that C-Shares go to about 35% of associates at grade 6 and below... while I-Shares are available to roughly 80% of grade 7 directors... i know that posts here are anon and not verifyied claims, but they could explain why a strong performer never receives a grant.... Do the percentages match what people leaders have been told this year? How are recipients chosen within each grade?


Outsourcing Is Destroying the American Middle Class, and Nobody Is Coming to Save Us

The government should heavily tax work outsourced overseas when those costs are billed back to U.S. corporations, but we all know that will never happen.

Outsourcing doesn't just eliminate American jobs, it drives down wages, weakens the middle class, and strips communities of the economic stability they depend on.

Corporations pocket the savings while American workers and taxpayers bear the long-term costs through lost opportunities, reduced tax revenue, and greater economic inequality.

Nobody is coming to save American workers because the people making these decisions benefit from the very system that's destroying their livelihoods.


Benefits price increases are out

Just got a look at our sad excuse for benefits and the related costs, and for me +spouse + family are up 6.9%. In fact, benefits costs for my family is up 82.6% since 2015 (up 60% since 2020). If I'm lucky to score a bare-bones 3% raise in January it is entirely likely that the benefits cost increase will be bigger than any pay increase I might get because when you're at the mid point of your salary grade, it doesn't matter what you do, how productive you are or how good you are at your role, Jimmy that always needs help because he can't get his job done by himself will likely get a bigger raise on the basis that he's further away from midpoint.

Compensation around this place is a joke that nobody who isn't grade 11 or higher laughs at.


Microsoft’s Visa Fraud is no longer in question

A company willing to let got 60,000 workers does not have labor shortage. That is a simple fact to understand. Any one who disagrees is a bad faith actor.

Now the question is, why is Microsoft one of the biggest H1B visas filers in the US year after year?

Because there is no labor shortage, obviously. H1b and H4 visas have been used against the American people to lower wages and squeeze more work out of them.

This is not an attack to those on H1b and H4 visas. You are not at fault. You are not the people benefit from all of this.


Fortune 110, H1B 61

We are #110 on fortune 500, yet #61 on most H1B sponsors https://www.levels.fyi/h1b/sponsors/ which says all you need to know

Btw, if you make under $137K, congrats, you make less than the avg H1B's they hired to "save costs" because they “couldn’t find equivalent U.S talent” which should be a slap in the face to you. There are some serious questions that need to be answered here.

The worst part is our stock would be doing the same with Andy (in retrospect, my word was he the last stand against mass outsourcing, and now I miss him despite his quirks) as it is with GK. The stock is "performing" due to the larger markets, NOT because of GK. And she thinks its her doing, so will double down on the outsourcing. Godspeed.

For legal reasons, this is all "allegedly"!


Record profits and we still all fear HC10 cuts

Highest profits, and we still have to fear HC10 compensation and job cuts. Isn't that sad? The recent quarter saw highest revenue in years, and it means nothing for us. We have had nonstop cuts and we still have to worry about cuts on a daily basis. Whatever happens, we never come out on top as peasants. Only the executives win and they never have enough and always want more from us.


Time for Executives to help the grandma shareholders

Remember during COVID how they cut our benefits to help grandma collect her dividend? I am sure it want motivated by the executives wanting to collect their dividends.

Since ExxonMobil is struggling quite a bit these days, I figure the executives should take some pay cuts this year to help the company out. EM is only pulling in roughly billions of dollars in net profit each month, after all. Practically minimum wage for the executive crowd. Why not let the company hang on to a bit more of that money, eh? The executives can take one for the team and bump profits even higher by trimming their own compensation instead of just cutting jobs in the States and up here in Canada. It’d also let them show the shareholders just how committed they are. It's their time to shine and show their WAEM behaviors.