Thread regarding Teradata Corp. layoffs

Time to bail after AIP payout

Many in engineering are just waiting for AIP payout and then it's sayonara. No one has any respect or trust the current directors or VPs in the organization. The consolidated engineering team under incompetent former VP, now SVP, and recently promoted VP bring much discontent. Exit plan in the works.

by
| 2641 views | | 7 replies (last February 16, 2023) | Reply
Post ID: @OP+1kK0b9vO

7 replies (most recent on top)

Well, lot of us have RSU stock vestings on March 1st, so that must be the date around which people evaluate whether they can stay around for another year of a wild ride or bail.

by
| | Reply
Post ID: @tbde+1kK0b9vO

Anybody staying for a couple grand is not thinking straight.

by
| | Reply
Post ID: @sfjs+1kK0b9vO

It's been a good run at this place until recent years.

by
| | Reply
Post ID: @rirj+1kK0b9vO

Surely the VP for ‘Sales and Technology in the Asian region should fall on an outward facing pin cushion? LR. Failed PS. Failure culturally. But has many years of bu-t smudges on his lips.

by
| | Reply
Post ID: @3scb+1kK0b9vO

Agreed on not expecting close to 100% if layout for the non-sales AIP roles.

Payout would likely be Friday March 10 (or closest payday to that if your country doesn’t pay on a Friday). But one year in the last 4 I remember they delayed the AIP payment by a few months (was that 2020? Or 2022?).

February company wide meeting is where they tend to announce the % of AIP across the company, and then closer to the start of March your manager lets you know if there is any adjustment to your individual payout. And yes, your manager can determine to give you less even if you have a great annual performance review.

by
| | Reply
Post ID: @2kan+1kK0b9vO

At least 100% of “promised payout”?!? Doubtful. Given our revenue and our stock this past year, I’d be relieved if it breaks 80%… and then it is always a gamble what your direct manager decides to do with your individual amount.

by
| | Reply
Post ID: @2rxq+1kK0b9vO

What is the date of the payout? Is it going to be at least 100% of promised amount?

by
| | Reply
Post ID: @1zgd+1kK0b9vO

Post a reply

: