Let’s here how good people got it and how bad people got it
16 replies (most recent on top)
0%, 4yrs in, RSU are over. This company su-ks
My (excellent) boss (of 15+ yrs) got fired last round.. I got 2 new bosses now. Received 9k in RSU last week. Last round (2 years ago) I received 4k increase and $20k in RSU. The closer you get to mid point in rage the higher candidate you are for the axe next. Also, the closer you get to your mgr in salary the less changes or raises as well.. where is the motivation of giving raises when may not get any?
Got promoted but small raise… from IC3 to IC4;
7% salary increase
7% bonus
20k RSU
Got 15% raise
This is the third time I got double digit raise.
Clearly at least in our region, company seems to categorize employees into three
- Need to retain
- No need
- Depend on the situation
#1 get focal allocation
#2 are RIF or PIP candidate
#3 is ok as long as reasonable price. may not get raise anymore
CSS got it.
Go into Oracle ChatGPT. Put in your current job and level and ask for the salary ranges you will be amazed at where you fall. If you are below mid point then may be a boost. If not then you will get a pat on the back with good job and nothing.
As for RSUs unless there is a miracle on the stock it’s just away to pay you sub par what others are paying.
6 years same salary multiple managers, initial RSUs are over rsu top up is still less than last year. If working was a stock I would cut my loss and cash in. Most of us will come hiring season in Dec
@a6 Yep, the on-prem business that gave OCI it's start is now the unwanted house guest. I'll just keep being mediocre until I'm shown the door. 37 years and utterly disgruntled now. It was a good run I guess.
I did out focal next week, it's not fair
@a4 Same, my OCI team got treated well. Sorry for those who weren't.
0
19% ain’t bad
@a5 Start looking for a new position now. The focal award is representation of you and your team's value to the overall organization long term. If Oracle is not making any commitment to keep you here with focal increases, it likely means your roles will be eliminated in the near future.
Nothing. I have 5 jobs now and got no promotion, no equity, and no pay raise. On my entire team, one guy got a few thousand $ in RSU. All that coaching that told us to communicate that "a 3 score is really good". It means you're doing your job and fully meeting expectations. Yeah, but you get bunk in return.
Double digit % pay raise, and 5 figure RSU award.
No pay raise. Just stock options that don't mean anything when they lay you off before they vest.
They are going to create a lot of resentment from a lot of good developers that’s for sure. Expect a lot of sabotage