#compensation

Posts mentioning hashtag #compensation

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What is going on with commissions?

It's been since April 1 since I've received a commission check, my boss said we would have plans at the end of April so we could get commissions, then May, then mid-June, and he now admitted he has no idea when plans will be out so that we can get paid. He laughed and said he isn't getting paid either. Fortunately, I have some savings, and can absorb a couple months of waiting, but I am running low on funds now, but half of my team is looking for another job, they need the income. There is no confidence that even when plans come out, that the commissions will be right, trying to mix XBS Corporate and now Enterprise, and Lexmark with all the assignment changes. My salesforce is still wrong, and I am missing accounts that were sent to inside sales for now reason. Our CEO and SLT promised better communications and transparency but we haven't seen even one communication about commissions. Is this to hold onto cash or something? Are others having problems getting paid commissions? This seems widespread


Oxy is the place to be for Bonus Money if your a Petro Technical

Why would Oxy pay its Petro Technicals a very generous one time bonus unrelated to yearly goals or performance. Some top onshore and offshore engineers received +$60,000 for their efforts..

Your opinions?
Will COP follow the Oxy extra bonus?


Terrible offer, terrible process, terrible company!

I recently went through an interview process for a role in upstream. Not a normal process and the interviews some of the strangest I’ve ever had. I was asked for pay slips then after some months of radio silence was made an offer. The offer claimed Aramco is a “wealth building opportunity”, yet the package on offer was 30% less than my current comp. Seriously, who moves jobs for a pay cut? I politely refused!


Top-Paid CEOs Smash the $200 Million Payday

https://www.wsj.com/articles/ceo-pay-2025-d2885ea3

[Didn't quote entire article text, just extracted AK's info. from the interactive table in the article].

AK ranks 34th out of 392 CEOs on the list:
Total pay: $38M
Pay Change: +51.1%
1-Year Return: 38%
Median Employee Pay: $49,630

Waiting with bated breath for my 51% raise this year!


Cencora layoffs

It’s difficult to see employees lose their jobs while executive compensation remains so high. According to public filings, CEO compensation was approximately $18 million. Many affected employees gave years of service to the company, and the contrast between layoffs and executive pay raises legitimate questions about priorities


Get a new job if you’re upset about RTO

Here’s the thing, Fidelity pays a lot lower than competitors. It’s just a fact of the matter. I worked at Fidelity a year ago in WM and as soon as they started the whole RTO thing I did everything in my power to not abide. Leaving early, looking for new jobs on the clock, exceptions etc. believe it or not but if you are licensed that truly does open more doors even in this environment. A lot of the competitors are happy to take us with a nice pay raise


401k match for FY2026

This is my first year, is this a lot lower than prior years? Even when MIP will pay out at 103% as mentioned in town hall?

From the benefits guide for new employees:
“Over the last decade, our company match averaged 4.5% for employees who contribute at least 6%”
This year would be way below that, like 3.37%


Anyone negotiate a successful off-cycle raise?

Looking to hear data from actual employees about on-cycle and off-cycle raises? Meaning, has anyone ever negotiated a raise that didn’t coincide with the early December salary treatment supervisor discussion? I’m interested in hearing if you brought a competing offer to the table? What % raise did you ask for? Did you receive it? What time of year? Also interested to hear if anyone negotiated a higher raise % “on-cycle” meaning you did it at the early December salary treatment discussion. Any insights welcome.


One CenTeam?

If we were really a team then anyone with a C &O or VP in their job title would take a pay cut. You know the ones making millions of dollars per year.
Employees over 60 years old who already qualify for social security benefits and can access their retirement accounts without penalty should take the VSP.
We shall see if our older coworkers thought of others younger than them who may face layoff because you stayed on instead of taking the VSP.


Layoff Severance

Never thought I would think so negatively about Centene because my experience over the past 4 years has been awesome. I missed the VSP cutoff by 2 days due to my official FTE conversion date, but I don’t think I would have applied anyways.

Curious though, if laid off September 1st, what are typical (non-VSP) severance packages like at Centene?


Total Rewards Survey

I started filling this survey out even though it’s requesting your ID. Funny they’re basically asking, do you want higher deductibles that will allow for higher merit or keep it the same. Like either way they’re going to take from one thing to give it to another. It’s insulting. The way it’s set up is to show allllllll the benefits they give us. In reality most Fortune 500 companies offer the same. Travelers offers pension , stock incentives and 20% higher salaries. They know this …


I don’t care about your KPIs, the company’s goals, or the team’s goals.

I think I speak for a lot of people when I say this: I do not give a fu-k about my 9-to-5 job. I don’t care about your KPIs, the company’s goals, or the team’s goals. I don’t give a fu-k about my coworkers, and I don’t give a sh-t about my boss. I don’t care how some director or VP feels about themselves, the team, or the company. I couldn’t care less about any of that.

The only thing I care about is how much money you’re paying me and how much bullsh-t I have to deal with to earn it. I don’t want drama. I don’t want politics. I don’t want unnecessary headaches. I want to do my job, get paid, and go home.

Over the years, I’ve had bosses and executives come to me talking about KPIs, metrics, performance targets, and company objectives. They act like it’s the most important thing in the world. Meanwhile, in my head, I’m just thinking, “Yeah, sure. I don’t give a fu-k.”

If we hit our KPIs, what does that actually mean for me? Am I getting a significant raise? Am I getting a bonus? Is my life improving in any meaningful way? If not, then why should I care? I don’t give a sh-t about what it means for management or what it means for the company. I care about what it means for me.

Unfortunately, when we’re at work, most of us have to pretend we care about those things. We nod along, smile, and act engaged because that’s part of the game. But the reality is that for most people, work is a transaction. We exchange our time and effort for a paycheck.

I think for 95% of employees, that’s the truth. They’re not there because they’re deeply passionate about quarterly targets or corporate strategy. They’re there to make a living. Everything else is just background noise.


What Would It Take for PIPs and Forced Ranking to Finally Go Away?

Many large companies still use some version of forced ranking, stack ranking, or quota-based performance management where a certain percentage of employees end up in the bottom bucket regardless of overall team performance.

Supporters say it drives accountability and prevents complacency.

Critics argue it creates:

  • Internal competition instead of collaboration
  • Risk aversion and politics
  • Managers spending time managing rankings instead of developing people
  • Employees focusing on visibility rather than impact
  • Anxiety that reduces long-term engagement

If an organization is profitable, meeting business objectives, and retaining strong talent, what would actually convince leadership to eliminate forced ranking and PIPs as a routine management tool?

Would it take:

  • Better performance metrics?
  • Evidence of lower turnover?
  • A major labor shortage?
  • Executive leadership that came up through different systems?
  • Or is forced ranking simply too useful for managing headcount and compensation budgets?

For those who have worked at companies that abandoned stack ranking, what replaced it and did it work better?

Interested in hearing experiences from both managers and individual contributors.