Thread regarding VMware layoffs

annual pay raises

Any news on this topic?

Do you think we will be able to get a raise before the acquisition?

What are people expecting for this year?

Is it usually in July/August right?

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| 4252 views | | 14 replies (last June 1, 2023) | Reply
Post ID: @OP+1mT5dIOQ

14 replies (most recent on top)

replying too: @1fbf+1mT5dIOQ

Overpaid vs whom?

Other s/w companies? h/w? SI's?

Which roles are?

Which regions? As the same role in different regions are oven not paid the same.

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Post ID: @1vqc+1mT5dIOQ

Majority is overpaid as it is.

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Post ID: @1fbf+1mT5dIOQ

As far as CS in EMEA is concerned, still getting pay rises and promo's as per usual.
No mention of reductions, or rsu's instead.

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Post ID: @1gip+1mT5dIOQ

Ops don't get anything... they are awarded RSUs in lieu which is as good as nothing.

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Post ID: @gis+1mT5dIOQ

Source has the entire PEP cycle documented. Just search pay rise. You will get dates and all the details.
Exact %, i do not know. I would assume yes, but lower than inflation.

I guess 5% as the average.

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Post ID: @amd+1mT5dIOQ

Depends on two factors: 1- your ethnicity. 2- if you support your toxic manager against other individual contributors and work as a spy under his/her feet.

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Post ID: @vjx+1mT5dIOQ

What AMA call?

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Post ID: @rzh+1mT5dIOQ

It was made very clear in AMA call that this time the company will have PEP cycle, however the promotion will be very very limited. It was explicitly said that 'not to keep any high expectations'. So to infer from that - the annual pay rise will be minimum average across the org depending on the geos.

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Post ID: @jcm+1mT5dIOQ

July

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Post ID: @xqq+1mT5dIOQ

Hopefully better than last years. Was the worst one (% wise) that I have ever had in my life. With current inflation levels, I'm hoping for a little more.

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Post ID: @juc+1mT5dIOQ

For most of the company, no change. Same schedule, same plan, same process.

The answers to your other questions are just conjecture and speculation.

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Post ID: @oih+1mT5dIOQ

There's no promo or pay hikes for any Operational staff. They are getting an accelerated rsu/cash package in March next year. Value TBD in mid June. Not based on performance. Based on role and location.

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Post ID: @coe+1mT5dIOQ

There is a normal pay, equity and promotion planning cycle this summer. Go ahead and ask your manager as they have the dates, but no specific detail on budget.

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Post ID: @yfi+1mT5dIOQ

Don't think so

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Post ID: @lgv+1mT5dIOQ

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