My teammate has received a lot of RSU as part of “first step of retention “
19 replies (most recent on top)
if someone got a lot of RSU at the review time (Q1), it already means you are "important" assert to be retained. Is there another round RSU rewarding for newly identified "critical" resources right now, let's say in Q2, not because the person has an offer from another company? Let's say 100 in Q1, and then 200 just now.
Anyone from IOG got it?
- Keshav
What an insult is all I can say, I thought they really valued me, LOL
Anyone in IT getting anything or is it only the product groups?
To me, RSUs are disincentives to stay. Having to work 4 years to get this year’s money is a scam. I agree with others - if Intel will give you X to stay, somebody else will give you >X to leave, and potentially in salary because they respect you.
So got to ask what strings come with the retention package, LOL.
Second if they want you, you realize that someone else probably does to and that somebody else is a winner and not a loser like Intel is now.
It’s total FUBAR at Intel and the desperation is really running deep if they went this far, LOL
i would agree w/ @2eyk+1btnm838. if you didn't get a retention bonus then you are most likely just likely in a "sustaining" role or position w/ no true contributions. it's not a bad thing. it just let's you know where you stand w/ the company. and no, i did not get a retention bonus.
Those of you that didn’t get the retention rewards should seriously and urgently start looking for other opportunities.
At intel, top performer status is not based on meritocracy. Everyone knows this. Top performers are are manager’s favorites, their a-s kissers, friends etc..has nothing to do with top performance.
If they are giving retention based on top performance, basically they are rewarding friends and family. Waste of money. I am underwhelmed by pat’s long waited reorg. His hiring Stu pan etc.. what is he thinking. All those people who are the architects of Intel’s terrible culture and failures are coming back. Yuppie. And now, giving bonuses to a-s kissers. Wow.
RSU 800k+. :)
One here in the i2 organization in Arizona in late April, seems there is concern about the AZ site employees.
Got 150k over 4 years too. Not bad at all.
Yep, got one - was the same as my RSU grant last year - pretty sure it will be used as a reason to deny an internal transfer since I'm "critical" to my team now. The equivalent of a 5% bonus for the next 4 years does ZERO to incentivize me to stay.
I am in Arizona working as an Information Security Engineer, I received a 100k RSU retention package with accelerated 2 year vest in May as a retention package.
I haven’t received one but there’s a lot of discussion about the awards on Blind.
Not sure why the replies are salty. I have personally gotten 150k worth retention RSU to be vested over 4 years. I still left few months later, because it was no where near the offer I got from my current company. And no, it was not a counter offer, rather a prompt one. They just thought our org was important at that time.
But surely there is such a thing and many of my peers got it as well.
It is more likely he may have resigned and this is a counter offer. Up next is burn him to death in the next year or two. Win win for whom should be easy to guess.
wonder how many new terms HR cooks up per day
Depends. Are you from the same village as the VP?