#compensation

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Pay discrepancy

Anyone notice this year their pay seems a bit lighter? I'm all for not having to pay at tax season but in this economy I'm not willing to wait until 2027 to get my money back from the government. Would prefer payroll figures out their error and fixes it.


Honestly how many days do I need to come in?

Figure it out yourself it seems. Can’t even provide a live month to date view of what did or didn’t count so we can course correct. can’t clearly explain how to ensure our days do count. Cant tell us what months count in the rolling 3 months, surely can’t be anything prior to today and this new tracking system. Can’t provide a target of in this month x number of days (pre-adjustment) for next month or the future. when a week straddles 2 months we need to go in more than 3 days??

Today in the office most people spent more time putting together tracking files for themselves and this new messaging than the jobs we were hired for because this convoluted tracking system that only cares to show you historical data after the entire month has ended.

I struggle to understand how compensation for the year can legally be tied to RTO push that has ever changing tracking methodologies.
How can this be a goal in the system when the goal is clear as mud? Why does the goal keep changing?


“Grateful” for your total rewards?

I just got my total rewards statement plastered with the swollen face of our “HR Chief” bragging about our “total rewards program”. PLEASE!! Pathetic base pay (not tested against market norms since 2019?), finance using merit increases to fund their expense gaps, PATHETIC medical coverage and a “wellness” program that contacted of a few off the shelf apps that do nothing.

Oh - and surprise, we haven’t had a head of total rewards for 2 years, probably because nobody in their right mind would go to work with SM.

Even amidst all the dysfunction among the ELT, I truly can’t believe that SM is still in her role given the complete lack of delivery on basics like this.

Even with her complete disconnection from the reality of her employees, one has to think Penny MUST be cringing whenever SM opens her mouth. I know everyone else is…


TCS Senior Staff Departures Rise Amid Pay Concerns and Workforce Cuts

Tata Consultancy Services faces high senior-level attrition. Exits from top ranks surged to about 16%. This is significantly higher than its historical 4-5% rate. Around 12,000 employees were impacted by workforce reduction. Senior leaders also received low variable pay.

https://www.ndtvprofit.com/business/tata-consultancy-services-faces-high-senior-level-attrition-amid-restructuring-and-compensation-challenges-report-11317142/amp/1


QUIT!!!!

I don’t usually post stuff like this, but I wish someone had been honest with me before I joined, so here it is.

The culture here is honestly rough. There’s a lot of talk about “teamwork” and “growth,” but day to day it just feels disorganized and reactive. Communication is all over the place, expectations change constantly, and somehow everything is always urgent. It gets exhausting fast. Backstabbing is very common.

The bigger issue, though, is the pay. For the workload and stress level, it’s just not worth it. People are stretched thin, doing way more than what they were hired for, and the compensation doesn’t come close to matching that. Raises and recognition feel random at best.

Anyway, I’ve decided to move on. If you’re considering joining, just make sure you ask the right questions and really think about what you’re signing up for.


Glassdoor-Truist

Based on recent employee reviews on platforms like Glassdoor and Indeed, Truist has faced significant criticism, with some employees labeling it a poor workplace due to high-stress, understaffing, and poor management. Common complaints include intense sales pressure, post-merger cultural issues, and poor work-life balance.
Key themes from negative reviews include:
Management & Culture: Reports of toxic, "bully" management, high turnover, and a lack of support from leadership.
Workload & Staffing: Many employees report being overwhelmed, understaffed, and expected to handle multiple roles (e.g., teller duties while being a banker).
Compensation & Career: Frustration over stagnant pay, minimal raises, and broken promises regarding career advancement.
Morale: Deteriorating culture, inconsistent, and often, low morale following the merger, often characterized as a "chaotic environment".
Glassdoor
Glassdoor
+7


They'll do anything to avoid giving us a raise

One change customers might notice is expanded options for leaving tips. Starbucks said customers will be able to tip through Mobile Order & Pay and when using Scan & Pay at the register. The company expects the new tipping options to increase baristas’ pay by 5% to 8%.

https://www.tmj4.com/business/company-news/starbucks-expands-tipping-options-and-it-could-boost-barista-pay


Cost of living gap

The pay increases lately don’t come even close to match how expensive everything else has become. Think about it, we're effectively getting pay cuts instead of pay raises when you calculate in the increase in cost of living.


Part 2 of the letter to Dan and C level management

We propose the following revised chargeback structure:

FWA devices: No chargeback period

CPE devices: 0–2 month chargeback period

Purchased phones: 3–6 month chargeback period

No product or service should carry a chargeback period exceeding six months. Establishing reasonable and clearly defined timelines would create a more equitable system and reduce unnecessary financial strain on employees.

  1. Insurance Costs

Healthcare costs continue to rise while compensation does not keep pace. Employees are increasingly burdened with financial decisions that should not be necessary given the company’s performance.

  1. Pay Raises

Merit increases are often minimal or nonexistent, even for high-performing employees. Current compensation growth does not align with industry standards or inflation.

  1. Stock Together Program

There has been little to no communication regarding the future of this program, creating uncertainty and concern among employees about its continuation.

  1. Employee Appreciation

Current recognition efforts are perceived as insufficient and disconnected from employee needs. Meaningful appreciation should reflect the real contributions of frontline employees.

  1. Retail Store Conditions

Retail locations are experiencing declining traffic and morale. Employees are frequently understaffed, overworked, and experiencing burnout, which negatively impacts both customer experience and retention.

  1. Work-from-Home Opportunities

Remote work has proven successful but is being gradually reduced. This limits access to talent and reduces opportunities for employees who do not live near designated locations.

  1. AI Implementation

The use of AI in customer routing within VCG and VBG raises concerns regarding fairness and transparency. A first-come, first-served system would provide a more equitable distribution of opportunities.

  1. Retirement Benefits

Non-union employees do not receive the same retirement benefits as union employees. This disparity should be addressed to ensure fairness and long-term security for all employees.

  1. Paid Time Off (PTO)

The current PTO structure requires extended tenure to earn additional time off. A more reasonable progression—such as increasing PTO every three years—would better support employee well-being. Additionally, limits on accrued PTO should be reevaluated.

  1. Contractor Reduction and Domestic Hiring

A commitment was previously made by leadership, including CEO Dan Schulman, to reduce reliance on contractors. However, there has been no visible reduction in overseas sales representatives.

Employees are seeking clarity on when this commitment will be fulfilled and how it will be implemented. Specifically, we request transparency regarding plans to reduce overseas contractor roles and increase hiring of domestic internet sales representatives.

Reinvesting in a U.S.-based workforce would align with prior commitments while improving communication, consistency, and overall customer experience.

Closing

We are proud to work for Verizon and want to see the company succeed. However, that success must include fair treatment, competitive compensation, and genuine respect for employees.


Executive Termination Payouts

If there was a change in control (this includes Cash Severance, Pro rata Bonus Payment, accelerated stock vesting etc) OR if they were termed for "no cause" :

Sarah London : $42M
Drew Asher: $25M
Chris Koster: $12M
Susan Smith: $8M
Tanya McNally: $6M

This is what the severance looks like for executives, peanuts for us!


Final Pay?

For those of you have been impacted, how was your final pay received?

I’m salaried and was let go on 3/19 with final date of 4/2. I received a direct deposit on 4/2 in two of my bank accts but not my 3rd acct. I expecting to get paid for 3/22-4/3 period on the next pay date of 4/10 since the last pay date was 3/27.

Have others impacted on 3/19 or previous rounds experienced this? I’m going to guess they just pay out on an off cycle for those laid off?


Salary transparency

With the layoffs, outsourcing jobs, AI taking over - I wanted to see if anyone else wants to be transparent about salary and role.

High band 3 in management track - just received 2.75% increase at 81k. 4 years with Evernorth.

Goal for me is to see what others are making and if I’m being paid fairly.


Got an email from our orgs President stating...

again, that it was a record breaking year last year and is so proud of all the hard work we put in to make that happen...

Meanwhile, managers are given a tiny amount of money for raises and bonus's to spread around to 20 people. Some of whom got nothing, while others got a crumb.

I know we all got an email saying the same stuff from JC and MD this year but then our orgs President has the ba--s to reiterate all of that, again?!

How exactly, is anyone supposed to give two flying FUggs about doing work, doing extra work, going above and beyond, taking on projects, etc... when it's not reflecting in our paychecks, pockets yet, the company did GREAT last year?

Then, we get minimal raises due to a "tight budget" and 90% bonus? And no, this was not just me. This was my ENTIRE team, which is quite small. Can't tell you what because it'd give me away but, we are on the other side of Dell corporate.


Peakon

My manager called a team meeting for the tool to submit anonymous feedback upwards

We were told that our feedback was “too negative” and that we needed to be more positive going forward or else comp would be impacted.

There are already tons of rumors circulating about the future of the Boston office for ops. This just added to the stress.