I’m hearing that at baseline should be getting 7% raises for the average and the lucky getting 15%+. Anyone else hear anything??
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I heard that while soul searching in his later years, BD decided to return the $100,000,000 he looted from AIG and everyone is getting 50% raises in the spring. Thank you BD for finding a conscience!
Yes, big bonuses are coming. We will all be RICH, Super RICH, FILTHY RICH. May be then we can all party crazy whole night. Oh wait, we can buy a boat or may be we can buy a basketball team. I am not able to decide. I am so happy.
- End of dream sequence.
Next morning, I am arguing with my manager on why I deserve an inflation-adjusted raise.
Sure, big raises are coming at some date in the future. Go buy a new car or something. It is safe to assume AIG will come through like they always to for the little person. At least 15% coming your way. Count on it baby!
AIG is also pledging to stop being nepotistic and to cut CEO salaries until the company makes a profit too. HAHAHA, bah HAHAHA.
Raises are coming and they will be sizable this year. Quit fretting
You better hope for a promotion then.. i also heard promotion is capped at 10%. But i do hear of the “in crowd” that get those 30% pay bumps. Leave the company if you want a drastic change in salary.. otherwise enjoy making what you make for the next 20 years while your peers move on and make 10x because they jumped!!
Is this a wind up no way will the majority get 7% or more. Most will be nil and many much lower than 7%. Across AIG may average close to 7% as Execs get a big raise. Do not get your hopes up most will be very disappointed.
So the excuse we are being given for no raises is we need to separate Life and Retirement first, but I work in GI. Can anyone in the know explain how that makes any sense?
From Insurancenewsnet, it will be at least Q2 possibly later before you see any pay increases if the email that was sent is correct:
American International Group expects to sell its Life & Retirement business during the first quarter of 2022, CEO Peter Zaffino said this morning.
Completion of a sale could potentially linger into the second quarter, he added during a third-quarter conference call. AIG announced its plan to sell 19.9% of Life & Retirement -- either through a private sale or a public offering -- during last year's third-quarter call.
In the immortal words of Jim Morrison, "you are all a bunch of sl*ves"!
Your petty raises are meaningless to the elites that run this company. You will wait until we are ready to give them to you and then you will be happy. End of story!
Here's the thing people, PZ needs to make $20,000,000 this year and that isn't going to happen if you all want a raise. Stay focused on what matters here.
I heard -5% raise.. PZ needs to fund his new boat!!
The delay in raises is real. Makes my decision to leave much easier. Good luck to everyone who is left.
pz with a smirkish grin looked at the compensation team and said, "They will get raises when I deem it so and not a minute before". Then he went back to counting his stocks and checking the stock market ticker.
at least thats the way i heard it?
if you are in claims or IT you will be outsourced before L&R completes their sale so don't worry about raises.
Pal, in claims the manager sti guidance says raises will be considered at a later date after aig completes the sale of Life and Retirement. That is not going to happen until Quarter 2, maybe Quarter 3 so don't go spending your 15% until you see it in the bank.
I'm sure inflation will stop and wait for AIG to catch.
I heard a better raise than usual.. but not too sure about 15%. Might be 5% for the norm and 10% for the “favorites”
Not happening! Keep dreaming. Maybe for other companies but not AIG. Unless you are a senior executive
No way this is happening. At least not at AIG for the non Sr executives. I am sure the raises are high for the Sr executives
You're not hearing, you're dreaming. Wake up!