We were supposed to know more about exclusions per functional group today. I’ve heard nothing (Engineering). Anyone else hear any updates?
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How can I find out my IPF?
75% of employees get IPF between 0.95 and 1.05... high-performers regularly get IPF between 1.5 and 2.0, so the IPF exclusion is to prevent key talent from taking the ER package. Note, CX has no IPF exclusion, so hopefully more will take advantage of the offer.
It's really easy guys - if you qualify for CEP, you either walk off the plank or be prepared to be pushed. Not rocket science.
A higher IPF (greater than 1.45 ) gives you immunity from ER & LR. You are basically untouchable (not in an Ind-ian way though).
Reading comprehension of the people who browse this site is at the level of a 7 year old.
I wouldn't think IPF has anything to do with ER (early retirement). That's offered to anyone who qualifies. The IPF protects you from being on a list for LR.
There are literally 5 threads talking about factors excluding people from being allowed to be offered ER. IPR is one of them. I’ll dumb it down for you “high IPF, NO ER offer”..
There is no stated link to LR. But it would make sense that if the execs will not allow people to take ER, they are not going to put them on an LR list. But making sense isn’t what the company execs are known for these days.
I wouldn't think IPF has anything to do with ER (early retirement). That's offered to anyone who qualifies. The IPF protects you from being on a list for LR. That's my take.
You don’t have to be management to get an IPF > 1.45. I’d gotten as high as 2.3 as a grade 10.
The only chance noone or not very many take the ER Package is if it's substantially less vs. 2011. I suspect lots of folks will take the $ and run (like last time).
Well, I don't think all PEs, DEs and Fellows get a IPF of 1.45 or higher.
You misunderstand. The list from this function (MIG) has TWO criteria for people who will not get an ER offer:
1) IPF over 1.45
2) PE/DE/F
The management might get IPF that high, I don’t know about IC roles.
Obviously, the whole reason for the ELT to provide 3 options is so that they are planning to layoff anywhere between 6k-10k employees (cost reduction of $1 billion in FY21) and so they have to throw such a big net hoping people would volunteer cause if they just fire 10k people, it will be a nightmare for Cisco in the press.
If none of the folks volunteer for the CEP, which is a possibility, then many CEP eligible roles will be very likely be at risk as per the 3rd option and they'll fire if you don't volunteer for the ER. Simple as that.
Well, I don't think all PEs, DEs and Fellows get a IPF of 1.45 or higher.
They've said 'your manager will give you your FY19 IPF' so it's still unclear who's not eligible for the program.
Are those the people who are safe or are facing the chopping block?
They are the people excluded from being eligible for ER
The pheasants are unhappy and are revolting.
I received no such announcement about IPF based or other exclusions. True that G12 is a dead end for most. You have to make peace with that or move on at some point. This WFR might be a good time for a career transition if stuck in G11/12 for years.
Can someone please explain what's going on with the IPF greater than 1.45? I know what IPF is but I never get that high. Are those the people who are safe or are facing the chopping block?
It’s disgusting. The robber barons at the top of the tree protecting and enriching themselves. No wonder they’re all chuckling.
Obviously the 1.45 is to protect the management classes. But the PE/DE/F is interesting. It’s almost impossible to get promoted to those ranks - we have a long list of people that should be PE, but it’s a closed shop.
No, instead we protect some PE dude who’s been snoozing in his cubicle for the last 20 years after inventing some arcane piece of ATM.
Although this reveals the people they want to keep, the bigger message is that it tells us who they want to expel. Anybody in grade 11/12 should be polishing their resume hard. If not many people take ER, it’s going to be a m—acre in those grades.
IPF > 1.45+
PE, Dis Eng, Fellows
Jeese, I never knew anybody, outside the exec class, got IPF’s like that. I get up to about 1.2, I’ve heard of a 1.3, but that’s stunning. The people at the top of this company are feasting and gorging themselves.
What made you think that you'd hear about functional group exclusions today?
Several times it was mentioned, including in written answers to questions. I’ve not heard it for my group, but then our country doesn’t qualify.
IPF > 1.45+
PE, Dis Eng, Fellows
Our org heard about exclusions today, but only as it pertains to the Cisco Elect (early retirement) program.
They said it multiple times during the check-in.
What made you think that you'd hear about functional group exclusions today?