What’s your raise and bonus? Can’t believe I’m only getting 2%. Time to start looking for another job
29 replies (most recent on top)
time for a company wide walk out!!
I remember back in the 90's with the original HP and we got the largest "profit sharing" ever. And were promptly told to not expect that ever again.
I remember that. Then they changed the calculation, based on HP reaching secret targets. Good times
Reminds of my old HPE boss Leo trying to explain to me how lucky I was to receive a .014% raise. The .0xx% is not a lie or a joke.
I was fired for WFR for no cause in May of 2017 one day before my 36th combined service anniversary at digital/Compaq/HP/HPE. My boss categorized it not as a termination, but rather as a retirement selected for me at the age of 57. I couldn't believe my ears.
I suspect that age discrimination is still alive and well at HPE. I had no performance problems.
RAISE !!!!!! A failing company like this should reduce your salary.
I was being told by my manager, your salary is high already and can't give you salary increase or a bonus (even my ARC review was good)
I make 53k more than I did when I left HPE Enterprise Services.
Guaranteed merit increases every year.
The world is brighter outside HPE doors.
I was told that my raise of 2.5% and bonus of 5.5% were "maxed out". I have a good relationship with my direct manager and I believe him but wow that seems low for the "maximum" in a record year
At least our colleagues in Aruba business got a nice raise and bonus (some up to 40%)!! Thankfully, they've been wise enough to keep HPE's processes, bureaucracy, and toxic brand as far away from their business as they could.
I remember back in the 90's with the original HP and we got the largest "profit sharing" ever. And were promptly told to not expect that ever again. LOL!.
Antonio said thank you and gave me a ziplock bag of gently used hot dogs.
The CEO to send out an email saying thank you for contributing to a record-breaking year, it's an insult that just about everyone did not get a raise usual small bonus regardless if the Year is good or bad.
Most of my team got 0%. We were allocated enough merit to cover 2% for less than 20% of our team members and told by Alan May that "merit isn't a birthright".
Yeah, I see some Compaq stories here. A lot of HP employees resent the purchase of Compaq but Compaq had better PC servers and better commercial desktops and better commercial laptops than HP.
In 1990, I would say about 10% of Compaq employees were doing the heavy lifting and were being compensated well for their work. I didn’t like the fact that there were so many riding the Compaq gravy train though. There was one goofball who would come out to the factory to give us speeches about quality and probably making a lot of money. I found out later that he use to sell pianos. A lot of those “extraneous” employees were cut in the second layoff that affected mostly engineering folks. The only factory people to get RIFFed in the second layoff were the people who were walking around, doing no actual work.
The truth is that there are useless, overpaid employees in every large corporation. Perhaps, that “useless”person was hired due to a relative, buddy network, or to meet some DEI initiative where totally qualified individuals are passed over.
I also encourage you to leave HPE. I was grossly underpaid while I was an HPE employee. My base salary has increased 45% since leaving HPE.
I have also greatly increased my skill set because I work on a variety of projects and technologies. I am so happy that I am with a much more stable and profitable company.
I don't think Antonio's salary is really a concern. It's more about available cash flow that should invest more in operating costs rather than consistent dividends or stock buybacks. HPE shouldn't position themselves in that situation because the stock price will be stuck between $15 to $17 for very a long time until the company takes more risks. It's obvious that investors are only interested in stock buybacks rather than the corporate strategy, or lack thereof for HPE's case.
Big OEM companies like Dell, HP, HPE, etc. simply follow buzzwords and trends. It's really the smaller companies that push technological advancement for our society. Just look at OpenAI with ChatGPT. They basically gave way to all of this AI initiatives. They were a nobody just a few years ago. They took a leap of faith and look at what they did. Now everyone's on the AI bandwagon. OEMs would still be struggling if it weren't for these sudden catalysts.
The roots of corporate greed stem from upper management, leaving employees deprived.
Hewlett-Packard Enterprise CEO Antonio Neri was compensated $17.36 million to run the company during its fiscal 2022, equating to the average annual pay of 271 employees.
I would encourage you to get out of HPE. I left a few years ago for one of your suppliers as an FAE supporting your company and I can tell you that my salary increased 65.91% (yes I did the math). That's not including bonuses. My base salary increased, but incentive pay... mama mia... That is like winning the lottery twice a year. They also pay me "travel pay" to your site, which is basically the same commute that I used to make, so I got a new car that they're basically helping me pay off.
I am still awaiting my end of year talk to get my bonus, but i am suspecting 2% at best... I am seeing more and more jobs go to RPS, where the indian salary is 20-30K USD to replace a TC4 making 125-150K USD, so they can make record profits, give sh-t bonuses to the people that make it happen, then give the execs fat multi-million dollar bonuses...
This CEO s.u.c.k.s
Record year = 2% raise. Terrible year = 2% raise. Their motivational tactics are suspect, but at least Antonio said "thank you" at the All Hands.
End of year raises in the 2-3% range were very typical for me. Only had 1 or 2 outliners above that over many years time. Bonuses more recently were in the 1.xx% range, older ones were sometimes 3%, maybe even around 5% one year. I was demoralized after my first year working at HPE way back in the day with a paltry 1% pay raise, but somehow gritted my teeth and stuck it out for far longer than I probably should have. One problem was that there was little other choices in the area for people to jump to if you wanted to stay local and not move, and they knew that. The company had it's benefits, originally. The people were great, it was local, and generally flexible schedule. Most of those started to evaporate over time after after all the hardware downsizing/offshoring and people attrition. I eventually was WFR'd which really hurt at the time, but caused a forced function of finding another (better) opportunity. Good Luck everyone, change really hurts sometimes, but long term it can be a better thing.
Reminds me of a story I was told where this guy at the Compaq campus would literally do nothing but walk around the massive hallway spines that go from building to building for his exercise and not work.
Guess how long it took corporate to figure out that he wasn't doing anything? 10 YEARS!
He got away with it after he was apparently moved into a different organization and no one bothered to reach out to him. So he'd just walked the hallways like many people did for a quick exercise, except, that's all he did. The best part was that he was laid off because they didn't want to have to deal with a real termination so he got his severance.
My method was to give them 10% less of my time until I was working about 5 hours a week. It took 15 years for them to figure it out and I was happy to be on my way when they got rid of me since I was double dipping all that time. Stop b!tching and do something about it.
Antonio's priority isn't fattening your wallet; it's enriching his.
Neri’s way of feeding you disgusting beggars
ITS the HPE way .Hire people who cant get a job elsewhere. Then release when needed
Former HPE'er here:
All I have to say is, "Wow"... Enjoy your $2000 raise... After taxes, it's probably just $50 more on your paycheck. THANKS HPE! Despite a strong momentum due to AI demands, you'd imagine there would be a larger cash flow for a larger pool for merit increases. You just got chump change as Neri was like, "Okay here's what's in my wallet, go away now."
Indeed, you need to get out of there. I guarantee you that your next job will increase your salary by at least 25%.
Yep, same. That makes 7% raise in the last 3 years, while inflation about 19%. Why would a sane person keep losing money this way while performing the same job to the same standards? Plenty of jobs out there! Good luck people!