Still waiting on my review. just curious what % people received this year
37 replies (most recent on top)
"Meets expectations" = lower than 100% of your bonus at this company. Those dollars go to "high performers".
Chicago here at 5% met expectations and 100% of 117.69%
The person below me.. you take life too serious.
this comment was comical
"Instead focus on your growth and making effort and impact well above your peers. Discuss growth with your manager and think about ways to go above and beyond in everything you do."
As a once manager at this terrible firm
that gets you nothing maybe an additional 1% at the end of the year. Obviously the person that wrote that is a former supermarket employee that just is thrilled to have a cube rather that be bagging groceries.
Ingenuity and hard work rarely pay off at this shop. Once a "good " firm now a meat mill. Best to leave ASAP and get a real career
Met expectations. 3.7% merit increase and 97% of the 117.69% bonus pool
Met (supposedly high), 3%, 13.8% bonus. Maintaining a mythical "promotion" carrot for me to chase.
why are you people complaining? Rick Worschester or what eveer the he-l his name is only got a bit over 10 million. Now you tell me how is he going to be able to by his kid that new Lamborghini on that kind of money. 3% is awesome think about it if you are on 90k thats about $1.35 an hour! well done!! What an awesome firm!! that would be great if it was 1920. Terrible firm that treats its people horribly
Mets, 3%, 100% of bonus (117% this year).
All the people saying they got "exceeds" and got less than 4% were robbed.
Exceeds @ 3.75% raise. 100% payout for the bonus (that was ~117% at the company level). Interesting the payout percentages based on the level (met vs exceeds).
Agree with a lot of @ny+1jn07t360 but not to the work even harder nonsense. Harder might get you an extra point. Odd are it gets nothing and may even be detrimental if your peers don’t like it. Much better to leave and take a double digit bump.
Everyone taking about not accepting their review and arguing with your manager about is pretty comical. That reflects on your lack of maturity and reality of the working world.
Reviews and pay planning are over. Arguing and causing issues over it will only be negative on 2025 and your career if you plan to stay...
Instead focus on your growth and making effort and impact well above your peers. Discuss growth with your manager and think about ways to go above and beyond in everything you do.
I’m the one who made post I’m at 4.6% w/ 116%
I got Met with 95% bonus and 2.4 % pay increase. Wonder Why it is only 2.4% and 95% and not more. I worked long weekends last year during TDA conversion. Was on-call most of the time worked at like 3 AM for 2 different teams. Sadly I accepted it in workday because talking to my manager is like talking to a wall. Is there any benefit in asking about the metrics ?! Or is this normal because I didn't want to hire her ex-colleagues from her previous job ?! Just curious. Thanks!
STS. Got Exceeds but only 4%. Should I not accept and discuss with manager?
Not accept doesn’t do anything. ADP will still add to your paycheck.
As managers, we can’t do anything after the process. The best would be a mid-year or next cycle, but refusal doesn’t help that.
“High” Meets - 3.6%, 117.69 / 105, Some RSU
Rick will get rid of folks who got Exceeds and replace them with new baylor grads who just finished coding bootcamp. Year of optimization and cost reduction Yee haw.
Meet
- 1%
100% / 117.69%
Exceeds = 3.5%
@@h0+1jn07t360
I guess you are right. Last year got exceeds and 3% and this year exceeds and 4%. Don't feel like Schwab values people doing more than what they are expected to. I will just do the bare minimum that is needed for my role from now onward.
How does that work?
If 117.69% shouldn't anyone meeting expectations be getting 117.69%?
@gr+1jn07t360
Not accept? I didn't think that was an option. I know they tell you to acknowledge you discussed merit with your manager, but not let you reject it.
STS. Got Exceeds but only 4%. Should I not accept and discuss with manager?
Exceeds, 5.8%
Exceed in STS. 5.9% with 10k on top of 58 level bonus.
15m ago by Anonymous
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Post ID: @ed+1jn07t360
So meets above 4% is above average?
Exceed in STS. 5.9% with 10k on top of 58 level bonus.
🥜
Folks need to appreciate that Schwab raises are basically cost of living. No matter how great you are you will lose net after inflation. Shares and bonuses are your only hedge outside a new company.
Yes 0.13% over inflation is a good salary hike. You can fill your above ground pool with pennies and swim like Scrooge McDuck.
Met expectations 3.13% raise with 95% of 117.69% bonus
Over 3% for mets is very good.
Is over 3% a good raise for mets?
How much did Rick get is what I want to know. Time to audit the EC
Met expectations with 2.4% Pay Increase. Inflation is at 3%. Some Sc-mbag EC Member is pocketing your 0.6 %.
Mine was met expectations 2.5%
Great doesn’t even meet inflation
The pool is 2.4%, I believe