What to expect? Comp?

Citi is my first job at a large bank post-grad, so looking for some perspective.

When I joined in August, I didn’t get a sign-on bonus but was offered a “target award” to be paid in February as long as I’m still employed through the end of this month. Two weeks ago, Workday showed an amount under “Target Award”, but I checked today and it’s now blank. Merit Plan= 0.00% , DIRA left blank

My manager also said we’ll be talking about comp today or tomorrow.

Should I be worried about not getting the target award or about job security? Is there a normal reason the DIRA amount would disappear? Also, is this the right time to ask about a salary increase, or does that usually happen after a full year?

Any insight would be appreciated.

#Compensation #Bonus #Workday #JobSecurity

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Folks do u see the new comp reflected in workday/citi4u already? Was out sick thursday and Friday didn’t get to talk to boss

I got a 1.3% raise after being at Citi for 3 Months. I was told you can only get merit's if you have not been in your role for 1yr.

Which team from ICRM AML had layoff ?

I got 1.7% after eight months of consecutively working 50 to 60 hours a week- with no overtime. That stops now they won’t get a single second more out of me.

Never heard of a target award, but joining in August, you are too new to rate and thus probably won't get any raise or standard bonus.

Since you were hired last year and were given a target bonus it will be what you agreed upon at time of hire. Citi tends to guarantee first year bonus for some hires. It will be your target going forward but I found mine dropped a little bit the following year.
Your bonus is supposed to be guaranteed in the sense it comes from a different pool of money. It is tied to your hire agreement.

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What to expect? Comp?

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