We SIGNIFICANTLY exceeded the EPS and revenue goals set for 2018 and should have had VCP funding over 100%. However in the end of the year, Q3, they "adjusted" the guidance, then used that as the baseline for VCP. So it was only funded at 100% even though according to the VCP documentation it should have been maybe 120%. They say "it was distributed based on merit" but the fact of the matter is that the overall pool was not funded as committed.
So it is always a slap in the face to see money get thrown around like this. But at the same time, CEOs are not cheap. Sean gets other offers; other companies want to poach people where they can. Sabre has to pay him well to keep him. He has his shortcomings but so does every leader we can afford.
Sabre doesn't value it's employees in the same way because 95% of us can be replaced without consequence to the organization. Just how it is.
I feel bad for our customers who are really getting the short end of this. At least we can leave when we want; they are stuck with Sabre and would have hard costs to change.
Reposted this from @YPkvpiI-7xog . As sad as this is, it’s all very true