The reward letters are finally available
What is your bonus ipf, raise percentage and / or RSU worth?
Also mention grade, and location and mention both grades if you got a promotion.
20 replies (most recent on top)
@px said:
"As a manager, one year I worked out the amount the bonus budget was over funded. There is enough budget to give everyone about a 1.2 or 1.25 IPF. If you get less than 1.2, you are definitely not getting your full share of the bonus."
This ! I figured that long time ago. I was always told by managers that normal range is 0.8 - 1.2, where 1.0 is normal, expected performance. One year, when I worked my ... off, the manager praised me and gave me 1.2 + some small amount of RSU. The rest of my years, it was mostly 1.0. But here's the thing: bad managers have their favorites; those people not only get their rewards, but they are also given tasks and projects that lead to promotions and rewards.
RTP, G12, CX, 1.3 IPF, 4.5% raise, 40k RSU.
0 raise, 0 RSU
@134, promo happened midyear? i assume you're one of the lucky folks in CX who all got blanket promos dropped in their laps?
i have a manager that is a mental mid-et as well as a physical mid-et and quite possibly a re--rd. Cisco is great
East Coast G12, IPF 1.25, $40K US RSU
Promo happened midyear
G10, 5% raise, promotion, no RSUs
I used to work for Cisco. As a grade 11, my last raise was 4 years after the one before. They definitely can be a large gap between raises that will not cover inflation. I did do much better on RSUs.
As a manager, one year I worked out the amount the bonus budget was over funded. There is enough budget to give everyone about a 1.2 or 1.25 IPF. If you get less than 1.2, you are definitely not getting your full share of the bonus.
An IPF of 1.35 is considered great. One year, you lost elgibility for the early retirement if your IPF was this high.
Actually, I was quite surprised with mine. No increase (as normal) but 1.25 and large chunk of RSU.
@ad Jeez. That's one heck of an RSU.
Raise that maybe met inflation.
No RSU this round, but last-year's starts in Nov, so I was expecting that.
A decent IPF.
Unfortunately numbers, location, and org would probably be enough to ID me.
After the way they discussed bonuses on the fiscal I think I did better than expected.
HQ , G11 , No raise, ipf 1.3 , rsu 35k
No raise, no RSU, no promotion, small bonus
I got free tickets to a Doobie Brothers cover band show in Reno. Seriously, that is all Cisco offered.
wow - you work at a site that Cisco is actively reducing investment. Be glad you got anything. It won't be long before you're rewarded with an exit package.
Grade 11 Sales 35K RSU - better than a poke in they eye w/ a sharp stick
G12, San Jose, 1.38 ipf, $95k RSU, 3% raise!
Not very happy 🥲
Haven’t heard anything yet
No raise, no promo, no RSUs, small end year bonus.
Did OK for a CAD employee. $85k USD RSUs with a 3 year vest, and about $12k CAD raise. Virtually no bonus for our whole department though.
Just got off the phone with my mgr, 2 years now with no fking raise, RSU or promotion. I'm done with this company