#compensation

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Holiday pay for hourly employees

Everyone here might want to check their hours submitted by HR for your holiday pay.

If you did not receive a full 8 hours, it is because they changed how it is calculated, they now calculate your average hours worked over the last 8 weeks and divide it by your number of shifts.


UK Budget Jokes

This scenario doesn’t apply at DXC because my salary won’t increase!! It goes to show how DXC is an outlier when it comes to rewarding employees.

On a salary of...
£ 35,000

You pay £6,280 in tax and national insurance each year.

By 2031, the OBR expects your salary to have risen to about £40,647, excluding any promotions or job changes, as wages rise roughly in line with the cost of living.

At that point, your annual tax bill will be £7,862. That's £1,581 more than you're currently paying, and £215 more than you would have paid if thresholds increased with inflation after 2028 as they were previously expected to.

Your effective personal tax rate is now 17.9%. It will have reached 19.3% by 2031.

If the thresholds hadn't been extended today, it would have reached 18.8%.


YE comp vibes (aka group therapy)

Starting an anonymous comp thread.
Not because I’m passionate about it — just because it felt like one of those things where everyone’s waiting for someone else to go first.
So… here we are.

So no one gets doxxed we’ll keep it high level

Org Area: high level
Level: early / mid / senior-ish
Salary Bucket: pick one
• Under 75k
• 75–100k
• 100–125k
• 125–150k
• 150–200k
• 200k+
Merit Vibe: low/moderate/solid
Bonus Range: sub-teens/teens /twenties/other

Here’s mine:
Org Area: Global Investments
Level Category: mid
Salary Bucket: 100–125k
Merit Vibe: low
Bonus Range: teens

Curious to see what patterns people are seeing this cycle.
Not looking for exact numbers — just trying to understand whether this year felt normal… or “normal.”


2025 STI shows at $0 on severance calculation and agreement?

Not sure if it’s just me, but my severance calculation and agreement show 2025 STI as $0. Does that mean I would not get STI in Q1? Or is it that 2025 STI isn’t part of the “severance” and is instead just paid out in the normal course of my compensation? I have received STI every year since I started at Verizon


US Bank Pay grades

Does anyone know the full scale of a Grade 15 / 16 at US Bank? are they geo dependent (for the scale).

I am about to most likely receive an offer for a position that the range advertised is

119 to 140K (likely to receive at 130 -135K per recruiter)

I hear the range actually goes to 160K+ (base only)

Is this correct?

https://careers.usbank.com/global/en/job/UBNAGLOBAL20250027434EXTERNALENGLOBAL/Sr-Software-Engineer-Analytics-AI


Currebt AIP Multiplier

Currently debating on ducking out before AIP payouts for another opportunity but wanted to see what the this year's multiplier is looking like before making that decision. Was told the past few years were set at 60% for people who "meet expectations" and 75% for high achievers- given our stock price split in half wasn't expecting miracles but still want go be informed.


Anyone know the cuurent AIP projection??

Currently debating on ducking out before AIP payouts for another opportunity but wanted to see what the this year's multiplier is looking like before making that decision. Was told the past few years were set at 60% - given out stock price split in half wasn't expecting miracles but still want go be informed.


Bonuses under siege

It is clear that management is trying to nix any amount they can from annual compensation bonus payouts (which frankly I look at as deferred salary for doing your job) to cut costs if you add any value to this company or not.

Not exactly a well thought out way to motivate staff to go above and beyond or retain anyone worth retaining, perhaps I need to focus on getting my “paper right”…how can we in this environment!


CEO Salary and New Positions

Mid level management cant get a pay raise to even cover cost of living.

If money is what you work for at Hertz then knowing that the CEO makes $35 MILLION DOLLARS a year and the Fadman makes nearly half a million per year if not more, don’t be upset!
Keep the management struggling and starving then wonder why your revenue is down while you all sit pretty in your big houses with your boasting of Verizon wireless plans on LinkedIn.
It’s sickening how out of touch these people are-know your audience and pay your people!


Confused about Unemployment -- 8 month Severance Pkg

After signing the Severance Package (or even now) ... can we still apply for Unemployment benefits? If so when?

Another question, my State's unemployment site and other sites say you have to apply where you reside. They assume your employer is in the same state. It is complicated to apply for Unemployment as a remote worker if Vz office is in a different state?


G12 RSU and raises

Came in as a G12 employee through a Cisco acquisition. The first year was simply aligning the base pay and bonus to match Cisco. The second year, got full 18% bonus, $45K RSU but no base pay increase.

How is Cisco with G12 comp? Are there annual RSU refreshers and/or base pay increases?

I've also seen posts about how G12 are generally at a higher risk for layoffs. With the company pushing for margins it's making me anxious.


Question Submitted to Google AI to crunch. Do you think CFOs understand this phenom?

If you had an Indian employee for a US company and you starting paying the person in the Rupee equivalent of 15,000 USD in 2008 and gave them a 5% raise in Rupee every year until 2025, show what the US company would pay in USD equivalent pay using likely exchange rates for every year from 2008 to 2025.

Here is the employee's equivalent pay in USD from 2008 to 2025, based on their annual 5% raise in Indian Rupees (INR) and the average annual USD to INR exchange rates for each year.
Calculation Methodology
The calculation uses the following steps:
Initial Salary: The 2008 salary was the INR equivalent of $15,000 USD.
Annual Raise: A 5% raise in INR was applied each year.
Exchange Rate: The average annual exchange rate (USD to INR) was used for each respective year, based on historical data. The rate for 2025 is a projected/average figure for that year.
USD Equivalent Pay: The annual INR salary was converted to the USD equivalent using the year's average exchange rate.
USD Equivalent Pay (2008-2025)
Year Avg. Exchange Rate (1 USD to INR) Annual Salary in INR (approx.) Annual Salary in USD Equivalent
2008 43.51 652,650 INR $15,000
2009 48.41 685,283 INR $14,156
2010 45.73 719,547 INR $15,735
2011 46.67 755,524 INR $16,187
2012 53.44 793,299 INR $14,845
2013 56.57 832,964 INR $14,724
2014 62.33 874,612 INR $14,032
2015 62.97 918,343 INR $14,584
2016 66.46 964,260 INR $14,508
2017 67.79 1,012,473 INR $14,936
2018 70.09 1,063,097 INR $15,169
2019 70.39 1,116,252 INR $15,859
2020 76.38 1,172,065 INR $15,345
2021 74.57 1,230,668 INR $16,503
2022 81.35 1,292,201 INR $15,884
2023 81.94 1,356,811 INR $16,559
2024 84.83 1,424,652 INR $16,794
2025 88.72 1,495,885 INR $16,861
Summary
Despite the consistent 5% annual raise in local currency (INR), the employee's equivalent pay in USD has fluctuated considerably due to changes in the exchange rate. The strengthening of the US Dollar relative to the Indian Rupee over this period meant the US company paid a highly variable, and often lower, amount in USD equivalent terms compared to the initial $15,000 USD value in 2008. The final 2025 USD value of the salary is only slightly higher than the 2008 starting value in USD, even with 17 years of raises.


New Job. New Pay??

Any word of SGL, salary, VCIP, and RSU changes for individuals moved to new roles? I know some were demoted and informed of compensation changes at the time of that notification, but is everyone else to assume that no changes are coming? Will we experience similar SGL restructuring as occurred in Canada?