So stock together has been CUT. They already told us medical will be more money and less coverage, and you KNOW our annual increases won’t be be more than 2 or 3%. That’s literally PAY CUTS for all of us!
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My rsu base was less than it had been (about 16% lower), in band 6. However the performance modifiers are real, so I actually came out ahead.
The real thing to note is that it only pays out 25% per year so even with 2024 and 2025 grants, it will be less per year before it catches back up to where it was.
my rsu $ amount was the same as they've always been. what band got less?
@dg They wouldn't dare do that. 50% of every team would take it.
@cb they need to offer VSP and you’ll see how many would leave! Not leaving with nothing after over 20 years!
Math is not a strong point for the VZ special needs crew. Stay away from sharp objects
Job or pay cuts. Pick one. Harsh reality. Don’t like it, leave.
“These employees will be so happy they got a pay cut. They’ll be so much more motivated to work hard” - Dan S .. probably
They're adopting the Frontier Communications compensation model where the mafia management gets most of the bonus pie. 🤮
I'm sure it's just a coincidence that the benefits info and stock together came out just after the Pulse survey closed.
Yes, show them , they get what they pay for or less than that as PAY CUTs continues with bad benefits and benefits cut of employees.