Thread regarding GlobalFoundries layoffs

Comp Statements

It's that time of year again!

Suggested format:
Country
Ladder (Manager, Engineer, Analyst, Tech)
JL
Rating
Promo
Stock
AIP
Merit

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| 2222 views | | 9 replies (last April 22, 2025) | Reply
Post ID: @OP+1jp2txbr8

9 replies (most recent on top)

Wow. I am seriously underpaid! JL5 with > 5yrs making the same as a NEO JL5 who has never seen a fab

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Post ID: @655+1jp2txbr8

From my former msm friend: rough pay bands for AME in Malta.
JL1- 18-22/hr
JL2- 20-24/hr
JL3- 24-34/hr
JL4- 34-44/hr
JL5- 40-65/hr
1-2/$ difference for maint over process.
He says GF can eat a bag o Richard's, worst company ever.

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Post ID: @2tm+1jp2txbr8

Country - US, not visa dependent
Ladder - Engineer, high JL
Rating - Not sure what it's labeled, but I think it was the highest of the three (?) available
TC - $200k+

I made it clear to management that my main motivation is money. My output and compensation are proportional. On a medium-sized team, I’m either the best or second best. I work 45-50 hours minimum per week. Even though I'm salaried I keep track of how much I work to avoid burnout. My team hasn’t been offshored entirely, and no one is learning what I do yet. With management turnover on the horizon and writing on the wall I expect it will happen within the next few years. We’ve suffered attrition with no backfills, and my strategy for the added workload has been longer lead times.

One thing that caught my attention was the estimated stock price on the comp statement. The 30-day average hasn’t been that high recently.

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Post ID: @2nx+1jp2txbr8

@mh+1jp2txbr8

3 years ago I was a JL 5 MT in AME Malta My base salary was around $91k annually. (Probably why I was laid off 😆) They are underpaying you by a massive amount.

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Post ID: @2nh+1jp2txbr8

GFS salaries fluctuate enormously for the same job role/band. Always ask your manager where you are in your job level band. Once you hit 50%+, you need a promotion.

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Post ID: @1f6+1jp2txbr8

Country - US - Malta
Ladder - ENG
JL - 7
Rating - HVP
Promo - no
Stock - 16k (RSU)
AIP - 17k (12% of salary)
Merit - 2%

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Post ID: @164+1jp2txbr8

Country. USA/Malta
Ladder ( Tech)
JL (5)
Rating (4)
Promo (No)
Stock (No)
Merit 3%
Annual salary 60-70K

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Post ID: @mh+1jp2txbr8

Bio Pharm -Technician
Country : US. Rensselaer, NY
JL 5
Rating - Met and exceeded targets
Promo. N/A
Stock - 6% of Salary in RSU
AIP - $8500
Merit- 7% annually

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Post ID: @j7+1jp2txbr8

after you, @OP

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Post ID: @dv+1jp2txbr8

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