Thread regarding Verizon Communications Inc. layoffs

Raise/bonus

Has anyone heard about their raise or bonus yet? I have still not heard anything about it

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| 2842 views | | 10 replies (last January 28, 2019) | Reply
Post ID: @OP+XfF90HO

10 replies (most recent on top)

Unless they completely change the comp policy certainly not 7-9% unless you are waaaaay underpaid compared to your peers.

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Post ID: @6ahi+XfF90HO

The RSU shares and merit are paid the end of March. The STI end of February. Score maybe slightly higher than 100%. Keep dreaming about those big raises UNLESS you are at the bottom of your payline and rated leading. Even then, you'll never see 8%. Sorry to burst your bubble.

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Post ID: @2suh+XfF90HO

sti 115% , merit at least 8%, management is looking to boast morale here

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Post ID: @1mun+XfF90HO

1roq,

From what I understand, Price is set Jan 31, Payout end of March. Not 100% positive.

Would love a STI of 110%.

Infosys get 100% or Board approved payout, which ever is greater.

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Post ID: @1kkk+XfF90HO

How about shares? When do they pay that...Feb?

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Post ID: @1roq+XfF90HO

we never hear about it before the first Friday of February

I hear its about 115-120% sti, and 7-9% raises.

5YEE paying off

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Post ID: @1jop+XfF90HO

going to get 8% pay rise and 105% bound as unclicked VSP.

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Post ID: @1nwm+XfF90HO

The board meets on 2/7. Typically Hans would announce via email (based on prior years), the following Monday. But if you are a VSP/ESP, you will get 100% no matter what the board comes back with (higher or lower).

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Post ID: @1vne+XfF90HO

And they are not announced until after 4th quarter results and final PA. Usually find out how much around the 1st of February.

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Post ID: @1ggd+XfF90HO

What would you like to know? Bonuses are paid end of Feb and merit increase end of March. Just like always. If you are VSP/ESP with 2019 off payroll, you will not get a merit increase.

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Post ID: @1yab+XfF90HO

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