HPE boss Neri bags 15% pay hike in 2023 as targets ticked
CEO-to-grunt pay ratio now 300:1 as wider workforce gets 4.4% more than year earlier
HPE chief Antonio Neri was awarded $20.06 million in compensation for the company's last financial year
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I had to fire a guy who was "unavailable for work". I could never figure out why he wouldn't send me a LinkedIn invite as I'd asked (his name on there bore little relationship to what we called him), until one of his teammates found him working (apparently) two other jobs the whole time he (didn't) work for us!
Nice work if you can get it.
0% last year, 1.5% this year.
“Antonio gives himself a 15% pay hike, but he can’t even give us anything greater than 2% — not enough to even account for inflation, so we’re effectively getting a pay cut.”
It’s good to be the king!
“Get a ghost job, on top of HPE job, for a 140% raise.”
I’m not saying that you can’t get away with it but I have seen HPE employees get fired or laid off (HPE always lays off) for being “not available” at work. During my HPE pre-Covid years, some unavailable coworkers were just plain lazy and didn’t want to come to work. We had a female engineer who was never at work and got little work done. I could hear managers whispering about firing her but she was protected by her gender and her minority status. In the end, she quit to return to her home country to get married and everybody was relieved.
Correct: they have effectively given us pay cuts with their "raises" which don't meet inflation for the last several years. I assume they understand we will adjust the work output accordingly.
Antonio gives himself a 15% pay hike, but he can’t even give us anything greater than 2% — not enough to even account for inflation, so we’re effectively getting a pay cut.
Yeah, Mark Hurd also managed a few good quarters at HP but he cut deep into the muscle of the company and employee morale plunged so low that the HP board finally realized that they had to get rid of the sociopath.
One positive note: Justin Hotard did leave HP. I never heard anything positive about that guy and several employees despised him. His name came up at a couple meetings that I attended right before I left the company.
I got a big zero last year. I am not expecting much of anything this year.
Get a ghost job, on top of HPE job, for a 140% raise.
When I left HPE I got a 40% salary increase.
Not praising HPE by any means but considering their recent earnings call, he's probably going to get more money this year and a bigger "attaboy" bưtt slapping session with the C-Suite and BOD.
wider workforce gets 4.4% more than year earlier
Except at HPE, where average raise this year appears to land between 0 and 2.5%.
That is so disgusting.