#compensation

As someone that is impacted, Layoffs are a result of a failure of management to achieve their designed business plan/goals. Mine had more to do with my compensation than performance. Going forward I will understand the business plan and strategy before committing my labor to another organization.

Any news? How,does anyone trust this company. The management can't deliver on their word.

You can be sure this process has already started as Sycamore does not care where sales and profit are, they will cut more to improve their end of the year bonus.
It usually starts with notifying the go forward teams. I am sure that has already happened as they like to conduct their layoffs starting the 1st week of November. Best of luck! They love to mix up teams and leave customers with frustrations with new support teams. One of the only companies that restructured so many times in the past 10 years regardless of profits. Most employees have lived in fear of new changes to their role and compensation hit. Be better Staples and Sycamore.

What's this renewal rights transfer supposed to mean for us? Some former colleagues went there with huge pay increase, they'll start regretting it now I guess

Myself in multiple colleagues across the organization have had their performance review numbers brought down from 3.5s to 2.9. We have been advised that these decisions are being made from upper management.

I’d like to also advise none of us in our history with wag have ever received anything other than a 3.5 or above.

Anyone else having their numbers brought down? Or believe this is a just a tactic by Sycamore to prevent employees from getting any merit raise at all?

https://nypost.com/2025/10/27/us-news/national-grid-must-pay-2-workers-a-total-of-3-1m-for-denying-them-remote-work-after-pandemic/

Do you know if severance includes a prorated bonus (even if the planned bonus incentive is 50 percent this year)? Also - does anyone know if it will be pay through Jan 3rd and then 6 weeks + 1 week per year of service? Or just pay through Jan 3rd and 1 week per year of service?

Offer fair pension buyouts. Pensions are worth 1mill min over lifetime.

Note for Target legal: I am not leaking anything, just republishing a public document from, the source is below:

Transition Agreement

• Key Terms:
  Amy Tu leaves her role as Target’s Chief Legal & Compliance Officer on May 21, 2025, with her job officially ending June 1, 2025. She’ll receive her regular pay until then, plus 24 months of income continuation (~$3M) and up to $30K in job placement support.

• Pros for Employee:

  • Guaranteed two years of paid income after leaving.
  • Outplacement services to help find a new job.
  • Keeps rights to certain long-term incentive plans and benefits.

• Cons for Employee:

  • Must follow strict non-compete, confidentiality, and non-disparagement rules for up to two years.
  • Loses eligibility for 2025 bonus and must cooperate with Target post-departure.

• Business Impact (for Target):

  • Ensures a smooth leadership transition and protection of company secrets.
  • Prevents a top executive from joining or helping competitors soon after leaving.

• Source: https://contracts.justia.com/companies/target-1261/contract/1339058/

Imagine those going end up losing 12 EDOs and floaters to align with EM's global regions who don't have the same. Likewise for the DB plan.

In the past we have 1x salary coverage for Basic Life Insurance covered by company. I do not see that for 2026. Am I overlooking it or did they take that benefit away?

If we get axed on Tuesday, our pay and benefits are through Jan 3. Anyone know what the severance package is? I’ve heard some say it’s 1 week paid for every year worked, others say 1 month paid for every year worked. And do we know if all of it is paid out in a lump sum? Do we get compensated for unused vacation time?

Has any division been required to sign away their Grandfathered compensation as part of the reorganization? (Bonus/Stock Options)

It was presented as a company wide initiative as a way to invest more labor in to stores.

The only good thing at Verizon.

Will managers or directors will also get the prorated bonus or it's only VP and above?

Has anyone heard any actual news about raises? I know they normally don’t say anything until closer to December, but sometimes people had info earlier in years past.

When will the new raise system go into effect, and when will we see it?

602 here working in back office in CIB. Mid salary range, what can I expect for my annual raise and bonus?

Without going into the discussion of how the bonus su-ks at the bank, can some knowledgeable folks tell me until what date I should be working to be eligible for the bonus — 12/31/2025 or the actual payout date in 2026?

How are these generally handled during reduction in force? Are they prorated?

Before Edward Jones started handing out pink slips and demotions like candy, there was supposed to be a real conversation about pay. Leadership told us they were reviewing pay grades firmwide and that the process would take about a year.

Instead of following through, they turned around and started firing people. Just empty smiles and “tough decisions.” And now everyone seems to have forgotten the original issue. We’re still the lowest paid people in the entire finance sector. That’s the part they don’t talk about in the press releases.

They didn’t fix the pay ranges. They buried it under layoffs, reorgs, and canned speeches about “efficiency.” The truth is simple: this company had a choice between paying its people fairly or protecting its executive bonuses. And they made their choice loud and clear.

How can these people sleep at night?

So know the Freight Flow Managers starting pay is 27 dollars and hour 🙄 😑

What a shame. Every year 1000s of companies renegotiate with insurers to cut benefits... Sick... Millions of Americans fight, every day, to avoid medicl bankruptcy. They pay taxes close to those in European countries with universal healthcare, yet get almost nothing in return. Healthcare +education are sooooooooo essential for a strong society. Still we Americans make sure both cost the most in the world (and reach the fewest)...

How much is severance exactly? I have only worked here 2 years. I heard it’s 1 - 2 weeks per year of service. Thats peanuts for me and I am a bit worried. I feel like it should be at least 1 month for every year of service

i heard they take 50%??????? can we defer this for 2026 as i'll have low income that year

Benefits took a major beat down! Glad I filed retirement two months ago. Sorry to those who have been giving it all and can’t .

please let me know

As a salaried employee I feel like I am making less this year. I understand the 27 paychecks but if I choose to leave the company does that mean the company jipped me some of my pay?

If you have invested RSUs and are let go, what happens to them?

Can someone share light on what are the bonuses for the marketing team at Wealth and IM? When I joined HR said it is anywhere from 30-55% of your base salary. I joined as SVP of product marketing from big asset management firm and we used to get only 20% so was surprised that the bonus range was so high? Also, when do they payout your bonuses?

Noticed that Citi’s medical plan costs are rising significantly compared to other firms like Wells. For next year, the increase is around $380 per paycheck, which is substantial — even annual salary or bonus adjustments don’t seem to offset that jump

Has anyone heard news
of corp bonus payout timing and/or percentage?

Mechanical Engineer for Chevron of 5 years here in the Permian Basin, I make $152K base plus an additional 10% increase off that for living in Midland,TX and my bonus every year is around 45K, looking at the posts here it seems Exxon is just as Toxic as Chevron, but how is the pay since I heard y'all don't get bonuses?

Appears to be arbitrary in that folks with less technical work than me have it, folks equivalent to me in technical work have it, some folks that are more technical than me don't have it, some orgs hand it out like candy and others like mine seem to distribute it with a tight hand like its a promotion. Doesn't seem to make any sense and wondering if anyone can shed light on it.

Just a shame something so arbitrary can have a significant impact on compensation

I'm a developer right now, and considering this non tech role to be individual contributor. Any feedback is also appreciated.

I heard rumor yesterday that no salary increases for Principal and above. Has anybody else heard?

Let’s talk about those emails we’ve all been getting — the ones trying to “explain” why our paychecks are about to shrink. Apparently, because there’s an extra pay period this year, instead of actually paying us for that extra period, the company decided to stretch our annual salary across 27 checks instead of 26. Translation? Every single paycheck is smaller.

For a lot of us, that’s not just a minor math adjustment. That’s bills. That’s gas. That’s food. That’s medication. We budget every dollar, and now the dollars are disappearing — all because leadership didn’t want to “overpay” their own employees for the work we already do.

And as if that wasn’t enough, they’ve slashed the company’s contribution to our Health Savings Accounts too. It used to be $1,200 a year — now it’s $900. And you only get that full $900 if you match it yourself. So not only are they giving less, they’re making you pay to get it.

The timing couldn’t be more insulting. After docking our AIP bonuses this year — supposedly to “balance finances” — they somehow found room for executive bonuses that skyrocketed into the millions. The president’s pay alone reportedly doubled to over $25 million. So while the rest of us are watching our paychecks shrink, the top is cashing in on the sweat and exhaustion of the people who actually make this company run — the nurses, techs, and support staff who show up every day and take care of our members like they’re family.

And let’s not forget the cherry on top: instead of loading that $1,200 HSA at the start of the year when we actually need it, they’re now dribbling out $33 per paycheck. That’s $66.66 a month. I’m sorry, but I don’t need to see that number show up in my account every month — it’s bad enough without the symbolism.

We’re the ones carrying this company — not the executives, not the board, us. The ones working short-staffed, fielding calls, and doing the impossible day after day. And the thanks we get? Smaller paychecks. Less help. Less respect.

They tell us to “remember the bigger picture.” Well, here’s the bigger picture: without us, there is no company. No record profits. No executive bonuses. No “success stories.”

So here it is — loud and clear: stop taking from the people who keep you afloat. Stop cutting from the bottom to feed the top. You can’t preach “member care” and “employee appreciation” in the same breath you’re docking pay and slashing benefits.

We see what’s happening. We’re tired. And we’re done staying quiet about it.

If they are going to treat exempt staff like hourly employees, threatening to hurt our review and bonus, i want my overpay time pay, i work weekends and sometimes 10 hr days. If they in anyway try and threaten us i would demand to see the data, for us compared to others. I don't know what WF Legal is thinking following directions from Bridget Engle, she doesn't even have a college degree. Their legal team better be ready because there's some hungry down and dirty lawyers who would LOVE to sue the living day lights out of this place and i will be calling them up if i'm in anyway shape or form impacted by some stupid 8 hr rule.

Anyone in planning or any managers have any insight on if we will be getting raises at the end of the year? And if so, how much? 2%, 3%?