Any idea when is the hike cycle given past 2-3 years no hikes has been there
It was told this year during march, then may be june and now Its Sep end !
If one have some insights as if if one should expect or not ?
Also given they havent given hikes from a while now should one expect a decent hike ?
(if at all its there ) :D
No hike for me. No RSUs either. I must suck and not realize it. Guess all those 12+ hour days were non productive (they weren't). Going to give myself a raise and work normal hours now.
5% hike last week, sounds like it is really going around....
10/25
any idea when the promotion/hike will be effective from?
It’s all horse trading. I got promotion with a bump and moderate RSU and IPF of 1.2. With a high grade it’s very hard to get IPF over 1.2, since that means so much money. Thy told me they down graded the IPFbe suse they needed the money elsewhere. It’s all about the money.
1. 35 IPF with no hike or RSU (yes, RSU was also given). I dont know if to be satisfied or
not.
no hike or RSU with 1.35 IFP - something is wrong, never seen that before in a full focal with RSU and Merits
Merit mostly driven by your MRR. Stock mostly driven by grade. 1.35 is above average IPF. Need more info.
Can the hike details be observed in the workday post manager conversation?
Yes, but I don’t think it comes visible for a few days more.
5% increase (nice surprise) and bonus (expected) received on Friday.
Can the hike details be observed in the workday post manager conversation?
What is the highest IPF range one could get in Cisco ? Is there any range for IPF factor?
Yep, I received a call today and had my hike approx. 5%. I was quite surprised TBH
Nothing. Turns out this was fake/a troll.
No, notification started on the 23rd and the managers have 1 week to do it.
Cisco is a great company to work for. I've been an employee for 20 years and have never been disappointed. I work hard, take care of the business I'm in and I'm rewarded.
The merit budget went to the newly acquired QWILT team.
Nothing. Turns out this was fake/a troll.
Yes, all in one. I got notified today.
Will there be promotions too?
Your manager can see the formal reward info today. Its in the system. They should be scheduling a time w/you to discuss. They can also email you a pdf w/the info. There are no more "webletters".
Is it just a bonus? or a hike in salary?
was wondering what is the IPF range ? I remember someone telling me that its 0-3 , but never saw anyone telling me that they got more than 1.5
Can anyone please comment on this ?
HR here, yes you should all get a notice tomorrow. Enjoy! Cisco is doing fine!
You can always take a hike. Pun intended :)
The date is 9/23 onwards. It is possible that you won’t get a web letter. Instead you’ll get told verbally and then receive a notification from Workday that your compensation has changed.
All bundled into one event this cycle (again breaking Fran’s promise for predictable and regular cycles she gave 3-4 years back). Should start hear starting the 23rd. The web letter thing seems to not work so well with the new systems, so don’t panic if it takes a few days to hear from your manager.
And, FYI, there was merit budget given earlier this calendar year. Guess it just wasn’t given to you.
If you get anything it will be 9/23. It and the P&LI should be at the same discussion. The problem is the part about "expect a hike". You shouldn't ever expect that or a bonus (hence they call it a bonus for a reason). If you get a merit increase it's because you are deserving, there is a need, AND there is budget. All 3 have to be met.