Another year half the company getting no raise meanwhile EC will get 20%. How do they not act on this is beyond me.
12 replies (most recent on top)
I got a promotion and a ~5% raise that should’ve been 15-20% in line with other colleagues I’ve know in similar / the exact roles - after another10-15% over the last 3 years based on what my band is - and as they don’t give my tier 40% raises at once. Got 10% up on my VC but won’t see it as my term date is before my next bonus so it was HOLLOW. Asked the question on the huge group Denver Q&A - why did I get a hollow VC / bonus bump I won’t actually see? crickets. As usual.
All id--ts on here. None thankful for their job.
30% raise, bonus 180k, LTIP 87k, exempt from completing trainings on time, exempt from in-office requirements, I get chauffeured around the country and fly on private jets, everything that I do is put on a company card, private security, I don’t have to bother with the little people as my security pushes them out of every room when I show up, I won’t get laid off like a pleb. It’s good to be EC.
@e5+1jm2vf2v0 The other poster was talking about their team so maybe not for you but for them that was the case.
… seems like you failed reading comprehension.
TIAA didn't pay out 3% annual COLA raises under Roger Ferguson.
3 straight years of no raise for me/my team. Seems to be par for the course company wide. Essentially we are all making at least 9% less than we should for COL excluding extra inflation.
No coincidence it was TBDs first full year and when SD started. At least under Roger we got the minimum 3% COL yearly raises.
Ultimately the “Get your paper right” is only for participants we serve who are not current or former/retired employees.
@b6+1jm2vf2v0 So like next year or in 2027?
Because someone greatly underestimated the percentage of Denver/Jacksonville folks wanting to move to Frisco. It’s gonna be scary for us/whoever is left when they are all gone. No raise will be enough for the remaining folks with the added work and frustration.
TIAA will give raises when they start to feel the impacts of attrition.
If there is minimal attrition they will not give raises. Right now TIAA wants attrition.
The company has stated multiple times that they don’t care that inflation affects the employees. They state they will address it when it comes to participants (though non employee participants) and vendors and operations, but not employees.
Demotivated, 2 years of exceeds/meets ..essentially a 3.5 and I get the same 0 ...
Inflation is tough right now. Isn’t the company making a lot of money right now? Messaging that employees are lucky to have a job so don’t complain about COL raises is crazy while we have such highly paid execs.
Half the company isn't getting a raise and the EC isn't getting 20% (whatever that means). Virtually no one is getting a raise. And we can gripe about the EC pay levels, but the idea that they're paid up 20% is just not true.
Too much BS on this board.