Thread regarding Medtronic Inc. layoffs

What is your salary raise, bonus and what do you do?

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| 2371 views | | 7 replies (last March 7, 2025) | Reply
Post ID: @OP+1jnerge7p

7 replies (most recent on top)

Salary $289K, Raise 4%, Bonus $123K, Sr. Eng Director
Ready to take a package if offered

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Post ID: @vs+1jnerge7p

6% raise… only because some people were let go around me I bet

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Post ID: @pj+1jnerge7p

3% raise and $5000 bonus

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Post ID: @j7+1jnerge7p

They will game the system to achieve a slide showing cost savings. To break the cycle of rewarding average performance and losing peak performers, overhaul the evaluation and reward system. Tie compensation and recognition directly to measurable impact—revenue generated, tasks delivered, or efficiency gains—rather than subjective rankings or forced curves that drag top talent down. Cap management headcount and redirect resources to retain high-performing individual contributors (ICs) with clear career paths that don’t require jumping to management for growth. Phase out low-quality outsourcing by investing in internal talent development, and stop diluting the company’s reputation with hollow awards—reserve recognition for real breakthroughs. This forces accountability, keeps the best people, and aligns the company with long-term success over short-term optics.

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Post ID: @ba+1jnerge7p

2%, no mip

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Post ID: @b9+1jnerge7p

Bonus is $20k + $10k in RSUs vested 25% each others.

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Post ID: @ay+1jnerge7p

This year? Not expecting any “merit increase” or bonus. Not sure if you’re reading the tea leaves or not, but don’t hold your breath

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Post ID: @an+1jnerge7p

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