Thread regarding Intel Corp. layoffs

Rewards Phase 2

Phase 2 of rewards started being communicated yesterday. How's it looking? Any silver lining in this mess?

by
| 4351 views | | 21 replies (last May 17, 2025) | Reply
Post ID: @OP+1jvb1br9c

21 replies (most recent on top)

Grade 55 Tech Ireland new base 50k Euro 10yrs :( got 5.6% increase

by
| | Reply
Post ID: @jv+1jvb1br9c

10% is typical for promo

by
| | Reply
Post ID: @hf+1jvb1br9c

Grade 056 tech, I got a 5% raise new base pay of 97K

by
| | Reply
Post ID: @dh+1jvb1br9c

Got 5% which is horrendous for grade 5. Making less than new hires.

by
| | Reply
Post ID: @df+1jvb1br9c

These rewards will mean nothing after July 1st when most will be laid off

by
| | Reply
Post ID: @da+1jvb1br9c

What do you mean sc--wed on promo %? The increase you get when promo? What is typical and what are we seeing?

by
| | Reply
Post ID: @cz+1jvb1br9c

Phase 2 rewards notifications started on 5/14 and will be delivered over a two week window. Effective date is 7/1.

by
| | Reply
Post ID: @cx+1jvb1br9c

Did anyone have clue what is the increase % for the promotion?

by
| | Reply
Post ID: @cw+1jvb1br9c

Merit was pretty good considering the financials of the company - 5-6% for successful. Folks got sc--wed on promo % though.

by
| | Reply
Post ID: @cs+1jvb1br9c

best % raise ever for me, left wondering when it will take affect (1 more or 2 pay cycles). Conversation was short and to the point. I do wish they would stack these together rather than having multiple conversations (APB, Stock, and annual adjustments).

by
| | Reply
Post ID: @cp+1jvb1br9c

I got 5% raise.

by
| | Reply
Post ID: @ba+1jvb1br9c

Find out tomorrow, not getting my hopes up

by
| | Reply
Post ID: @b7+1jvb1br9c

should receive between 05/14-06/02

by
| | Reply
Post ID: @b4+1jvb1br9c

if you doomed be out you probably wont see it on your payroll as it will only take effective July.

by
| | Reply
Post ID: @b3+1jvb1br9c

I got my reward phase 2 today. Hang on to your phase 1 paper, because they are 2 pieces forming a puzzle.

by
| | Reply
Post ID: @at+1jvb1br9c

5-6-8 and promo

by
| | Reply
Post ID: @as+1jvb1br9c

I got 2 percent raise

by
| | Reply
Post ID: @am+1jvb1br9c

@af I think rewards 1 was back in Feb or March for APB and RSU

by
| | Reply
Post ID: @ag+1jvb1br9c

When did rewards 1 happen?! Da Fahq?!

by
| | Reply
Post ID: @af+1jvb1br9c

No one is buying ju-ish chips.

by
| | Reply
Post ID: @ab+1jvb1br9c

Post a reply

: