Is anyone ever fired on communication day?
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Geley of the month club!+
I got a letter fed ex
Did not get the email notification yet on when the pay out will be happened, did the HR forget what they should do?
Still havent gotten mine. Other banks got theirs. Does anyone know the pay date?
honestly it could be 2/3 or 2/7 but 2/7 at the latest
DOes anyone know the payment date? Seems this questions is getting asked a lot but people are not answering. Where is the man with the plan?
If you got more than 2% raise and 10% bonus you did quite well compared to the pack. They're probably trying to encourage people to leave in Q1/2 so they can RIF and restructure, with more roles in low cost hubs
Got a 3% raise & 13% bonus, should I be concerned & look for other opportunities?
I received strong/exceptional/exceptional review and 1.5% base raise and 0% bonus increase since last year.
Got 0 Bonus and 0 base increase. What does it mean? Do I have enough time?
If you are in the states, when is the bonus paid? as it does not say on the communication sheet
2% raise in 10% IRL inflation/stagflation economy, lol.
So even with 2 areas with "deliver results with opportunity for improvement" I still got a 9% bonus and a 2% raise
Your bonus/raise all depends on your scores in the 3 areas and the firm performance
if you get a score above 2.5/4, you'll likely get a bonus (as long as you get a score above 3/4 in at least one area)
Conclusion: Do not believe negative and disgruntled employees on this forum, they don't know sh-t xD
If you are in the states, when is the bonus paid?
Got a 2% bump
A zero will usually be communicated with a message that your manager doesn’t believe that you are suitable for your current role and a recommendation to explore other options outside of the bank.
Regardless of what you are or aren’t getting, your manager will meet with you and go over year-end comp on communication day.
if get zerod bonus, how does the manager communicate with the employee?.....say sorry, you are not good to receive bonus?
That sounds harsh AF, unlikely that’s the accurate imo
Comp day is the 8th of Jan and if you’re going to be zeroed at least one of your ratings at the end of year review would have been “Delivers with room for Improvement”
when is communication day in the states? presume its prior to 1/15 as that is the one time bonus payment date
You should have an idea after your year-end review on what to expect.
Under what factors/circumstances somebody gets zeroed out ?
No one gets fired on comp day but if you get zerod out it’s a very strong hint to find another job.
Not that I’ve ever heard of, but if you get zero raise and zero bonus, you better assume you will be laid off soon and you should start looking for a job.