If you’re upset about the STIP payout, take a step back and look inward as well as at the bigger picture. The stock has climbed from the $40s to over $70 in just a few years. That kind of performance doesn’t happen by accident. Enbridge is doing something right and they give everyone an opportunity to participate in the appreciation of the stock and the dividend (savings plan and STIP bonus at a minimum).
STIP is never meant to be guaranteed income. It’s upside. If you’ve been living as though it’s base salary instead of treating it as discretionary income, that’s a personal financial planning issue, not a compensation problem.
Live within your means your STIP will always be gravy. You could be Investing your STIP, dividends and savings plan year over year which would make you wealthier instead of poorer.
Instead of blaming Enbridge for your lack of budgeting and financial discipline, start living within your means and investing your STIP. Enbridge pays a living wage and then some . It’s your spending habits making you broke and nothing else. The decision on how you live is always yours, but stop complaining about STIP not being good enough because the reality is it’s a perk that many companies don’t offer. Most people are happy to get a big deposit once a year .