2% not enough for bread
23 replies (most recent on top)
Soon they'll cut the amount of stock they give directors and above. It's at least 25% of their pay now. That will cause a lot of them to leave.
8.5%.. i will take that in today’s work environment.
If it’s under the inflation, even the one published by gvmt it is not an increase but loss of income. So no.
Close to a double digit % increase.
@1r4 Excellent, Mgmt is finally recognizing the Bright Sparks... Its about time.....
8%
I am done with Sabre. The stock grants that vest over several years are virtually worthless now. Sabre will probably declare bankruptcy before that stock vests anyway. I am done. I have 2 interviews next week. Don't jump ship too late. Good luck.
@dv I don’t get why you’re getting downvoted
@w7 yeah I have opened my LinkedIn to recruiters and need to start looking
OK I got 1.5% so I guess I should be insulted. I got 2% last year in another team.
you should be grateful. This company is in fu--ing freefall. From revenue to stocks to management.
It's okay, it doesn't catch up with the loss due to inflation in previous years, but it is better than inflation currently.
I'm not happy with the extra workload due to the depature of so many colleagues to Coforge, RIF, or early retirement. Running the business is onerous when there's no backup and large knowledge gaps. Add in tech transformation and it's a constant battle against burnout.
Former manager here, had to fight to get someone that was about 20% under market over 3% in a single year. No bueno.
Nope. It is fair, but far from satysfying... so long Sabre...
There’s growing trend of experienced TMs leaving and random B2B/Coforge people coming in instead. This is an attempt to dissuade some of that experienced staff from voluntary departure.
Below inflation, so it wasn't even a cost of living increase, it was yet another pay cut, hasn't been a merit increase for years.
Finally,, the organization is recognizing that to keep experienced staff they have to pay decently. A significant turnaround for this management group. However, they could be trying to retain workers until the sell-off takes place. Hard to sell something this big when there is nobody left who knows how it works.
No, even though it was higher than before, but still below market. Also, hardly any logic applied by managers, just blind approval.
Same here, was expecting 2-3%, but got more.
2% again?
Pleasantly surprised. Hearing that it has been great in all locations.
Yes much better than expected....