Thread regarding SS&C Technologies layoffs

Stone said there were 4 raise cycles in the past year. I count 1

If anyone remembers the town hall Q&A someone asked how the company was expecting employees to deal with inflation/cost of living with such minimal raises. Bill completely reamed into that question stating there were 4 raise cycles in the past year and said that’s due to their individual performance.

From what I have seen it has pretty much only been 1 that was earlier this year. Some didn’t even get any. I was lucky enough to get one, and of course adjusted for inflation, my real wage is less.

But I haven’t heard of anyone even remotely close to 4 raises a year, ever in my 5 years working there. That’s barely unheard of for any company.

Bill’s answer to that question is not only incorrect, but was a pretty vile statement to make considering it accounts for most of the employees and that’s what he thinks of them.

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| 1801 views | | 4 replies (last October 16, 2023) | Reply
Post ID: @OP+1oZecDUO

4 replies (most recent on top)

This is a very flawed company which does not treat its workers well. what do you expect? Most of you know the history here.

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Post ID: @8bgk+1oZecDUO

A $200 bonus does not count as a raise. His math is flawed.

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Post ID: @4hdo+1oZecDUO

He probably got mixed up with bonuses - that's the only thing I can think of - he needs to retire.

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Post ID: @2uqb+1oZecDUO

He meant to say 4 layoffs cycles. See your local food line for assistance. Lmao

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Post ID: @1uli+1oZecDUO

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