Rumors are afloat that there is not going to be any cash bonus and minimal raises. They will give paltry stocks which will be meaningless as the stock loses value and vests over time.
Jump ship now!!!
14 replies (most recent on top)
There are raises coming, pool is slighly higher than 2% across the board. Bonus is to be voted on in Feb, mgt is silent on the amount, or tend to plan other than we "are below.'
I wish the way RSU worked was I could sell the stocks but get the money only when it vests :P
I would sell all the remaining RSU's in a heartbeat. Oh well.
I left December 17, but if they are offering perks based on double digit declining revenue YOY then I don’t have much to add. Call it perhaps proactive employee retention or more likely board stupidity. I am still a shareholder and this BOD just appearS lost.
Confirmed bonuses, pay increases and stock awards are coming first week of march. Up to 6% increase in pay for staff
Clearly overpaying ELT members is something TD is fantastic at. Now launching products and selling stuff, not so much
I encourage everyone to ask their leaders about this. My manager and skip are not even mentioning about reviews or starting the conversation or asking us to get feedback from peers. All signs point to this being true
That would be layoffs a week before Thanksgiving...
https://www1.salary.com/TERADATA-CORP-Executive-Salaries.html
And they justify payoffs a week before Thanksgiving
Smashed all numbers, getting the 5% increase along with 5000 rsu's. What's not to love?
Probably ARR growth will allow them get bonuses :)
"It won't stop the Board from giving themselves more freebie stock awards."
Racketeering by legal means ? Or can the Board be prosecuted under the RICO Act ?
How are the rank and file even remotely to blame for the current state of affairs. HR touts the bonus as part of the employee's total compensation package and as such negotiate down base salaries. The board and the LT put a green CEO in place that sh-t the bed on all fronts. The board removed said CEO 9 months later causing churn and uncertainty in the stock price. Rank and file have done their jobs, and most of them very well. How is it they have to pay for this mess?
It won't stop the Board from giving themselves more freebie stock awards.
What metrics could they have possibly have hit that would allow the board to Approve such a thing