#compensation

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Health Insurance unusable deductible

For lower pay Mattel employees, we can't afford to get medical treatment with a $3000 dollar deductible. Let all the fat cats pay! You know the ones with a high school diploma, making 80k or more! Which is almost everyone in some departments. Unusable insurance. Can't have surgery done!


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Las Vegas

My good friend, a RN at Southern Hills Hospital, Las Vegas just got her layoff notice effective 10/3. It’s too bad, she would’ve been vested with the company the following month. (6 years). It’s too bad company’s treat their employees this way. Their focus is on profit, not patient care. I guess now they’ll dump more patients on the limited amount of staff there, but of course, CEO’s will still maintain their pay. Too many chiefs and not enough Indians! They could easily maintain adequate staff by just cutting a few from the top, and keeping the worker bees.


Cheaper pay for same roles

Looking at internal jobs and they are hiring for current roles at a grade lower with lower pay then what we are paid now for these roles. Are we being set up to be laid off or fired so they can replace us at lower pay? Are they gonna lay us off and make us apply for these roles to pay us less? Will any of us that make it through layoffs getting a bonus or raise?


Inflation, Stagnant Wages, and Rising Insurance Costs

Over the past two years, soaring inflation has eroded household budgets while Bank of America held salary increases well below cost of living gains, leaving real wages stagnant as unemployment ticks up to its highest level in over two years; at the same time, health insurance costs are climbing, premiums are set to rise around 6 percent next year and average deductibles are increasing further squeezing workers’ finances.

What comprehensive measures can individuals take? Do you suggest any tactics to deal with this?


What are employees in North America supposed to do?

The layoff list was reportedly prepared starting in June and July, and it is now being referred to as "P25 Version 2." What’s concerning is that many positions in North America are being eliminated and shifted to lower-cost countries. This raises a critical question: what are employees in North America supposed to do? This feels like regional discrimination, and there's a complete lack of transparency in how these decisions are made. Previously, employees had the option to ask anonymous questions during all-hands meetings, but that feature has now been restricted. It’s hard not to wonder if there’s a hidden agenda behind these changes. Transparency and open communication are essential leaders should be willing to face tough questions without fear.
Moreover, has there ever been a consideration to reduce executive salaries many of which are quite substantial as a cost-saving measure? Even a partial reduction could potentially help avoid job cuts and reduce the overall operating cost. Doing so could also restore some of the goodwill that SAP was once known for.
Finally, assessments should be made mandatory across all roles, including for managers. Employees’ futures should not be left solely to the discretion of their managers. A fair and skills-based evaluation system is necessary to ensure accountability and equality across the board

Bumping this from @ne+1k4m2z208 for being on point.


Complete 180

Fiserv used to be a dream job for engineers, but now it’s like a factory for burnout. Pay is nowhere near where it should be, promotions stall all the time, and the best talent is constantly leaving for greener pastures. It’s painful watching a once-great place erode to this level.


Do we win a prize for keeping our jobs?

What do we get at the end of this layoff, besides more work and a continued paycheck? Trust is broken. Some of us are feel like that's not worth it and can jump ship with or without a job lined up. Is someone going to try to throw a d-mb pizza party? Or are we going to be compensated for going through this horsesh-t?


Total compensation for c suite and senior leadership.

Tell me how someone gets a $12M BONUS while freezing hiring and raises and at the same time firing thousands of people all while destroying our stock value.

Extracted Compensation Data from the 2025 Proxy Statement (Covering FY 2024)
The provided document is Xerox Holdings Corporation's 2025 Proxy Statement (dated April 9, 2025), which discloses executive and director compensation for the fiscal year ended December 31, 2024. The key source for total compensation is the Summary Compensation Table (on page 51 of the proxy), which reports compensation for the Named Executive Officers (NEOs) under SEC rules (Item 402 of Regulation S-K). This includes base salary, bonus, stock awards, non-equity incentives, pension changes, other compensation, and total.

I also extracted director compensation from the Summary of Director Annual Compensation section (on page 21), as it provides totals for non-employee directors.

Note: All figures are in USD and rounded to the nearest dollar as reported. The proxy covers 2024 compensation; no 2025 compensation data is available in this document (or as of the current date, September 08, 2025, since the next proxy for FY 2025 would be released around April 2026).

  1. Named Executive Officers (NEOs) - Total Compensation for 2024
    From the Summary Compensation Table (page 51). This is the "Total ($)" column, which sums all elements (Salary, Bonus, Stock Awards, Option Awards, Non-Equity Incentive Plan Compensation, Change in Pension Value and NQDC Earnings, All Other Compensation).

Executive Name Position Total Compensation (2024)
Steven J. Bandrowczak Chief Executive Officer $14,320,642
John Bruno President and Chief Operating Officer $9,187,555
Xavier Heiss Executive Vice President, Chief Financial Officer $6,203,175
Louis J. Pastor Executive Vice President, Chief Transformation & Administrative Officer $6,641,123
Jacques-Edouard Gueden Executive Vice President, Chief Channel and Partner Officer $4,390,647
Breakdown by Component (for reference; totals above are the sum):

Steven J. Bandrowczak: Salary $1,066,667; Stock Awards $11,879,791; Non-Equity Incentive $1,269,333; Other $104,851.
John Bruno: Salary $816,667; Stock Awards $7,503,038; Non-Equity Incentive $857,500; Other $10,350.
Xavier Heiss: Salary $640,953; Stock Awards $3,751,537; Non-Equity Incentive $446,785; Change in Pension $1,073,675; Other $290,225.
Louis J. Pastor: Salary $622,735; Stock Awards $5,576,209; Non-Equity Incentive $437,500; Other $4,679.
Jacques-Edouard Gueden: Salary $501,619; Stock Awards $2,751,129; Non-Equity Incentive $349,538; Change in Pension $638,891; Other $149,470.
Notes from Proxy:

Stock Awards: Aggregate grant date fair value of PSUs and RSUs (computed per FASB ASC Topic 718).
Non-Equity Incentive: 2024 MIP payouts (70% of target after discretion).
Pension: Only for Heiss and Gueden (French plans).
Other: Includes perquisites (e.g., aircraft use, international allowances), employer contributions, etc. (Detailed in All Other Compensation Table on page 52).
Foreign Currency: Heiss and Gueden's non-stock comp converted from EUR using December 2024 avg. rate (1.04855 EUR/USD).
No bonuses or options granted in 2024.

  1. Non-Employee Directors - Total Compensation for 2024
    From the Director Compensation Table (page 22). Totals include cash fees and stock awards (DSUs/RSUs valued at grant date fair value).

Director Name Fees Earned or Paid in Cash ($) Stock Awards ($) Total Compensation ($)
Tami A. Erwin $31,250 $225,000 $256,250
Priscilla Hung $26,250 $225,000 $251,250
Scott Letier $53,750 $225,000 $278,750
Nichelle Maynard-Elliott $32,500 $225,000 $257,500
Edward G. McLaughlin $26,875 $225,000 $251,875
John Roese $27,500 $225,000 $252,500
Amy Schwetz $33,125 $225,000 $258,125
Notes from Proxy:

Annual equity award: $225,000 (grant date fair value).
Fees: Cash retainers and committee fees (paid quarterly; prorated for new directors joining mid-year).
Employee directors (Bandrowczak, Bruno) receive no additional comp for board service.
Additional Context from Proxy
Grants of Plan-Based Awards (page 54): Details 2024 MIP targets (threshold/target/max) and LTIP grants (PSUs/RSUs).
Outstanding Equity (page 56): Unvested awards as of Dec 31, 2024.
Vested Stock (page 58): Shares acquired on vesting in 2024.
Pay vs. Performance (page 65): Compares "Compensation Actually Paid" (CAP) to performance metrics (e.g., TSR, Net Income, Adj. EBITDA).
CEO Pay Ratio (page 64): CEO total comp $13,842,342 (excludes some items? Wait, SCT is $14M; ratio 260:1 vs. median employee $53,149).


Still waiting on benefits email....

While waiting decided to dig a bit. Discovered pharmacy is considered critical. Humana is giving pharmacists and pharmacy techs base salary increases and lump sum payments to "offset the difference between the 2025 and 2026 total rewards benefits package". This does not bode well for the non-critical part of business. Not sure why they don't just shutter those non-critical areas and be done with it.


HPE Offers & Increases

Seems like the offers are lesser compared to what we make at Juniper. From today's meeting, seems like the next pay cycle for us doesn't happen until end of next year.. They kept talking about such a huge number for bonus funding.. has that been really the case or is it just on paper.. anyone knows.. ?

Even if you get an offer, seems like we just have to hang in there until we move out..

I'm getting more and more detached from this combined team...


How To Prepare for End of Year Review

So the end of year review with my manager is coming up in a couple weeks. Looking for some advice on how I should handle the news of no raise and no promotion again this year?

Should I express my displeasure to my manager? Or should I hide it and pretend to be happy with the pittance of RSUs they have awarded me?


Negotiate huge raises it’s only saving grace

Unfortunately that ship has sailed the union leadership messed up years ago.That ship has now sailed !!!!Lets face it the best you can hope for is an agreement that can cap it at some point but Verizon will not roll back the current cap .So right now prepare for $600 month for pre Medicare cost .Lets face it we sold our soul years ago.Anyone currently working keep going till Medicare eligibility or if you leave be prepared to find another job that pays medical till that Medicare .But the corporation ki-led retiree benefits years ago .They have always been one step ahead of the good old boys gang who did our negotiations.The company has always played the long game.The biggest we need to keep an eye on is our pensions along with the lump.We may need heavy duty raises in this agreement knowing now tht in exchange we basically won’t have retiree benefits worth taking.Sorry but the people tht most retirees and current employees voted for years ago based on popularity is now coming to bite us.


Working at Cisco just lost another perk

At Cisco employees have been getting paid well for working "on-call" hours for many decades. Many suppliment thier income with this pay and has always been a great part about working in the support organization. They let us know today that we have to slash the costs by 50%. This will be a reduction in people's pay by about 60-80%, and you are still on call for the same or more hours. I heard that this is to be in place of a layoff, but my guess is that this will be just be putting off a layoff for a little bit longer. Typical corporate cr-p, say that you won't layoff people and then layoff people. I understand that a business existis to make money, but to keep having layoffs when our profits are higher than they have been, it just stinks of greed.


Got an offer

It’s 20% below my current pay. I feel like it would be a step down, but I’m also so worried about being laid off and having nothing lined up, and missing out on this opportunity if I wait. This whole situation is incredibly stressful. Other folks who are looking, is this something you'd say yes to?


Now comes the hard part

Our job volume is about to increase significantly with no corresponding increase in pay. We’ll have to cover the work left behind by those who were laid off, even though some of us already have more than we can handle. I swear, I’d almost rather have been laid off.


salary increase

Do you know that in US annualized wage increase in Aug was 5%, with inflation elevated. So if you haven't received any salary increase in last year, (or years) Oracle literally saves on you and doesn't appreciate your work.