#raises

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US Bank doesn't care

I've been with the bank for 28 years and this is the first time I am actually ashamed to work for US Bank. They treat their employees like dog s***. The raises and bonuses don't amount to anything anymore. They're making it impossible to meet goals so they don't have to give us raises and bonuses. If US Bank doesn't care about their employees why should their employees Care about US Bank.


Someone has no issue getting raises

Not any of us chumps. But Brian has done well for himself. Can’t wait to hear the annual BS about limited pools and bonuses. Brian got his; that’s all that matters

2010: $6.1 million
2011: $7.0 million
2012: $12.0 million
2013: $13.1 million
2014: $13.1 million
2015: $16.0 million
2016: $20.0 million
2017: $23.0 million
2018: $26.5 million
2019: $29.0 million
2020: $24.5 million
2021: $32.0 million
2022: $30.0 million
2023: $29.0 million
2024: $35.0 million
2025: $41.0 million


1% Raises vs. the Real Cost of Living

Are we basically expecting average raises of around 1%?

If inflation is 4% and your salary increases only 1% a year, you are losing purchasing power every year. At that rate, the real value of your salary would fall by roughly 50% in about 24 years.

And that assumes the official 4% inflation figure actually reflects what employees are experiencing. When you look at housing, insurance, food, utilities and other everyday expenses, it often feels like prices are rising much faster.

At some point, a 1% "raise" is not really a raise. It is a pay cut in real terms.


Right size our pay

When the staff drops the 5-7% based on industry average, hopefully Fidelity will also fix the pay issues.

My BU hasn’t given raises in the last 3 years and said it’s based on market pay. With inflation hitting 20% since the start of the pandemic, compensation should be reviewed again.

How does Abby expect people to care about her bottom line when people are on government assistance and can’t afford groceries?


Whatever happened to job security?

I remember when getting hired here felt like a true start of a real career. You could move into different roles, get regular raises, earn promotions, and actually believe you'd have a future here. People stayed because there was something worth staying for. These days, that kind of loyalty doesn't seem to mean much to leadership.


Annual pay raise question

Last year they re-did pay scales for my title and decreased the salary range drastically. Because of this, I was told I made just over the line and didn’t get a pay increase even though I had a meets ratings. When benefits increased in cost, it meant I take home less than in 2025 because of it. Wasn’t too happy but it was what it was…

Currently, I make about 82 percent of the max pay amount for my role in my area. Should I expect the same results this year—no pay increase even for meets? 2 years in a row I won’t be too happy about…

Anyone have actual insight? I’d assume they are starting that conversation, maybe?


Pay raise

If they pull the same bs “we can’t afford to give raises this year” but will NOT do a layoff, people might revolt.

Fidelity openly says they have to make decisions based on the fact they know most people will just accept poor treatment because they know no one is going anywhere. The first time the head of WI told me, I was trying to be a corporate shark. Now that I’ve been here long enough to understand my career is over, it makes me sick.

With inflation being 20% higher now than the last time my department got raises, we get it. No one pays a living wage anymore. But at least stop having record profits years with stockbrokers on government assistance.


WFR in Dell IT, to be reduced by 40% by Jan 2027 end

After "successful" rollout of ODW and "well tested" SDD framework making Dell engineers redundant, a big WFR coming up under Rob Mason's org starting from Sept and will go on till Jan end. Though what I heard is for Rob Mason, the whole of Dell IT will be affected as they are planning to cut 40% of jobs over 3 major waves: Sept->Nov->Jan. Sept and Nov cuts might be light and planned by senior leaders and managers, the Jan will be a "bloodbath" according to the words of some senior leaders and even they don't know who would be let go in Jan. Contractors will be heavily affected but permanent employees won't be spared as well.
Well some "GOOD" news for those who survive: You might get a big hike in Feb after the job cuts are complete


City Leaders Get Raises Amidst Proposed Layoffs

Long Beach is facing a significant budget deficit, leading to proposed deep cuts and hundreds of layoffs. Simultaneously, the city's budget includes pay increases for top officials like the mayor and city manager. While the mayor and city manager have pledged to donate their raises, council members have not yet made similar commitments. These pay raises for some officials occur as many departments face staffing reductions and program cuts. The city aims to close a $58.2 million budget gap through these measures.

Long Beach, CA

https://www.nbclosangeles.com/news/local/long-beach-department-heads-raises-amid-cuts-layoffs/3935410/


Ayman Prove Employees are the Most Important Asset

Take all the bonuses away from M4 and above.
Make all M4 and above take a 3% pay cut.
Give all M3 and below a minimum of a 5% raise.
Then we will believe that you truly understand we are the most important assets the company has and that we need to be compensated.


Wages and Inflation

Humana, PLEASE give us raises that keep uo with inflation.

Every employee, every year, should be receiving an annual raise that percentage wise to their current salary exceeds the current rate of inflation.

The math shouldn’t be that hard for you. I am confident you HR and Financial Consultants, and Actuaries can figure it out.


Mid Year Raise this year? Pls bill

Do you think u there’s any chance of a mid year raise this year? I got one around this time last year and was shocked.. maybe because I was way below the old TSR minimum.

I doubt it.. but man we have been doing so much and endured so much BS this year. If we got it, it would help so much with gas, parking, other RTO BS. I’m just desperate.. feeling like a prisoner for Debbie and Bill. Begging them to spare me and give me their scraps.


Great Quarter. Guess Whose Plate Stayed Empty.

Q2 was apparently a great quarter for the company. Great enough to raise the yearly outlook. Leadership made sure to credit us for it.

Remember when the raise was contingent on a good Q2? Yeah. Turns out the goalposts have wheels. Other regions got bumps in Q1. We got a pat on the back and a rerun of 2024's paycheck.

Meanwhile the CEO's total comp for the year lands north of $3.9M. Must be a real coincidence that number moves easier than ours does.


Dxc Appraisal scoring

The way it works is that Execs get a 1 rating by default, that entitles them to rises every year even if turnover and profits fall (no deliverable or goals for them) . The others that get 1 are managers friends, anyone else can do a excellent but will never get a 1. Such a "pre" fixed pointless system. Repeat and rinse every year.


Management - your astroturfing is backfiring

Don't spend money on paying Indian contractors to astroturf here. Use that money instead to give American workers a raise. I am not kidding when I say every post that is clearly from management or a foreign worker is a clear sign to the American workers that you are scared, and I'm using it accordingly. Give us salespeople higher base pay and activity here will begin to calm down AND productivity will increase!


Why do raises and reviews take so long to show up?

It's the middle of July, shouldn't they be showing by now? And yes I know that CVS is notoriously slow at this kind of stuff, but still to not even have your manager say anything to you yet? What gives? The one time that DL's need to pressure managers to get this done is the one time DL is silent.


FAFO

I think they f*cked around and found out that a large majority of their workforce applied for the VSP lmaooooooo.

I could be wrong, but if they would just tell us the PERCENTAGE of the workforce being laid off, we wouldn’t be in this mess.

“this program is intended”… f*ck intentions at this point. “if you want to leave Centene”… I had no plans to leave Centene, but here I am with an application to BOUNCE!

these cost savings will not go to promotions and raises that are well deserved. it is CRYSTAL CLEAR work loads will increase.

absolutely not.