Thread regarding Verizon Communications Inc. layoffs

Here are Bonus % for band 6

5 - 22%
4 - 21%
3 - 20%

There’s basically no incentive to do anything other than the bare minimum.


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| 3137 views | | 23 replies (last February 21) | Reply
Post ID: @OP+1khrpw5j2

23 replies (most recent on top)

@mh promotions require a lot of kissing b-hind

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Post ID: @mn+1khrpw5j2

@cj if someone can shed some light…for Principal engineer, at what base pay they move you to DMTS due to high base ? Or there is no such thing?

If there is… What amount that base PAY be at PMTS to trigger such promotion?

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Post ID: @mh+1khrpw5j2

@cd you sound like a scab

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Post ID: @f2+1khrpw5j2

I developed the skill to solve everything snd anything - attended and prioritize the needs of my VPs and directors - even the ones who should have never been directors at all - and what I got for thar?? A “ RIF “ ( you no longer needed)

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Post ID: @eg+1khrpw5j2

@ar too true

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Post ID: @ds+1khrpw5j2

@dc if you mean a pay raise for obtaining leading.. leading doesn't exist anymore, it was replaced with top performing since 2025, there are five levels now.. second, BPI is defined by bloody HR, not your boss, and in theory it should reflect regional conditions, inflation, your actual pay and market trends... and yeah, the world is bigger than the US

top performing could get you 7-8% under Hans but something like 4% under the Hatchet man

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Post ID: @dr+1khrpw5j2

to get a leading with 5+% you need to be very very close to your boss.

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Post ID: @dc+1khrpw5j2

@c8 yes because distinguished is still 6V. The only thing that might change is Stock Together (6V can get either $10k or $15k) and the 10% base salary bump if they’re already within the band for distinguished.

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Post ID: @cj+1khrpw5j2

@c5 So a paycheck and medical benefits are not an incentive in this economy?

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Post ID: @cd+1khrpw5j2

In general, If promotion from principal level to distinguished level, what is % for raise of base salary? Is bonus still 20% ?

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Post ID: @c8+1khrpw5j2

I can confirm, got a 4, 21% bonus and 3% raise. No incentive whatsoever to even try half as hard this year.

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Post ID: @c5+1khrpw5j2

You can never exceed or even hit metrics on this stupid system. They expect 30-40% of the years metrics to be hit in the first qtr, then another 30% and so on. Basically if everyone busts their ar-e, the first 2 qtrs will be great but could never hit the final 100% no matter what because it was exceeded previously. God forbid if you held back cause then you'd be penalized then to top it off, even if you hit the metric goals, the company overall didn't do better than 80% so you'd be lucky to even get 50% of the metric bonus cause the company su&cked overall. This place is a joke for a circus!

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Post ID: @b6+1khrpw5j2

@a6 same for me…I’ve had better raises for worse ratings!

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Post ID: @b2+1khrpw5j2

I'm number 10! I turned it red!

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Post ID: @as+1khrpw5j2

The truth is and I’ve seen this the past 15 years that the difference between meets/achieving and Leading/Exceeds/Top Performer is very small for salary raises… maybe 1-2% and for STI it could be a $1-2000. So you can have a way better work life balance and coast and lose very little compared to the guy doing 12 hour days

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Post ID: @ar+1khrpw5j2

@af i wonder how many peopl you got really sick over the years comign in when you shouldnt have. thats on you

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Post ID: @an+1khrpw5j2

You have to brown nose to get the highest pay raise.

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Post ID: @ag+1khrpw5j2

please take 4 weeks sick leave on top
I never had one single day sick leave myself but they riffed me the same !

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Post ID: @af+1khrpw5j2

@OP I will take things that are not true for $1000 Alex.

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Post ID: @ac+1khrpw5j2

So what are the avg ratings and % for raises this year?

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Post ID: @a9+1khrpw5j2

say more please

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Post ID: @a8+1khrpw5j2

Wow! Was that the same % in years past?

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Post ID: @a7+1khrpw5j2

100%. I understand why people do the bare minimum. Worked super hard last year. Exceeds 3% raise and small bump bonus.

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Post ID: @a6+1khrpw5j2

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