Anyone also hear this? Just wondering how HR will be handling the amounts on our bonus and raises this year.
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To the people talking about cash flow. Did you not see the 2018 EOY results? Yes, the were talking free cash flow as the rationale for restructuring late last year. Yet somehow we went from -$0.7B cash flow at the end of Q3 to +$4.4B at the end of Q4. Sounds like some funny accounting to me. Anyhow, the FCF situation does not look quite so dire now, does it?
And Team GM is not a "bonus". It's part of your compensation package. It is your at-risk pay. If we completely fail to meet objectives (less than 80% payout threshold) we don't get anything. Above that and we get to collect on at least a portion of our salary that has been withheld throughout the year. It's YOUR MONEY!
This has got to be like the super bowl for the HR minions.
i worked my butt off last year like many of you did. i want my f---ing bonus. 95% or not.
If I am GM I cancel all the bonuses this year to open up cash flow. This will send a message to the employees that they should be lucky they have this job.
@lan interesting you say that lots of yammer people lobbying to cancel bonuses and raises to increase cash flow
GM should cancel all the bonuses and raises this year. This would help us get our free cash flow target #OneTeam.
@wit Blood money? You realize that those getting laid off get full bonuses, right?!?
Bonuses will be delivered by pretty girls in colorful dresses riding skateboards from the bang bang Cadillac ad campaign.
HR always handles bonuses and raises. Yes your manager gets a say, but everything about you that gets to your paycheck goes through HR.
Bonuses? Its bloody money from people who get layoffs. I hope they enjoy it.
I'm sure the gals in HR will be giving each other "ONE TEAM" recognition awards for the stellar job they did in firing so many people in such a short amount of time. Probably set a record for number of people walked out per hour.
Bonuses will be delivered this year via pneumatic t-shirt cannons at all people meetings. And maybe Oprah.