Thread regarding DST Systems layoffs

Results are in, if you are on shore and you get more than 1% then you did really really well! If you're offshore, the most you probably got was 10%, but hey that's ok, you can walk out the door and double your salary, so certainly don't waste your time here!

I been here almost two decades. Two years I had 4% or above merit raise but the rest were all under 3%

"DST Systems" associates need to realize that tiny raises are nothing new. In the 1980's they were tiny. This unspoken corporate rule of tiny raises is the direct result of the upper management of DST implementing it. Yes, I know you "cherish" several founders and leaders of DST, who are household names around Kansas City civic circles. However they dictated and insisted on your tiny raise while they raked in millions in options, performance based compensation and other benefits like cars, trips to Colorado for meetings etc. Yes its the very top that made sure the very bottom got tiny raises.

My boss told me there always have to be 1s and 2s and that's just how it is. I am now a 2 no matter what I do some how always fall short. But yet here I sit pecking away and doing my job. So 1s and 2s still exist. It also means no merit increase bit the 11 cents is more insulting than nothing if I'm being completely honest.

I was told that no matter how good of a job I did, I could only get a 3 or possibly a 4 but never a 5. What kind of incentive is this? We worked hard and sometimes excessively for the betterment of the company and customers.

If you are not fairly judged on your skill snd effort, why even try. Just be honest about what you are doing snd skip the evaluations.

The only employees left are 3, 4's and 5's. They got rid of the 1's and 2's 13 years ago. There bell curve is Bull $hit. They $u-k. Yes the market is hot so jump and get out of that $hit ho-e.

Lol your not wrong, it's called the "dead sea effect" but in reality it started a decade ago! OPs 4/5s are in reality 2/3s:

http://brucefwebster.com/2008/04/11/the-wetware-crisis-the-dead-sea-effect/

I had a Manager that ranked me as a trainee years ago longer than anyone else who joined the dept. Even though I had much more prior industry experience. Yet while I was a trainee, my responsibilities were to train all new staff coming into the department on the entire system, produce training materials and document the system. But karma comes around! When I would see his Boss, and he asked me how things were going, I would say GREAT, except my manager keeps spouting off how much he hates you and I am tired of hearing it, what did you do to him? Revenge is sweet when its never discovered!

I know 3 talented folks that gave their resignation in the last 48 hours. Truthfully, you will be left with the 3-2-1's - the real 4's and 5's are walking or have already left. The bell curve thing is d-mb - old thinking for an old company.

Everyone that has left seems to have this 'ah ha' moment about a week afterwards - of relief - ss&c is just not that great of a place, and for all the 'we love our people' they don't demonstrate it at all. Leadership is about inspiring people. I'd say the folks @ the top don't focus on that at all.

Everything is better "outside" of SSC.