I just wrapped up a 1:1 with leadership this week and it sounds like the Stock Together program may be discontinued entirely. I’m holding out hope that it’s simply being restructured or delayed for those of us recently protected, but if it's gone, it’s effectively a $20K pay cut. Does anyone have more insight or 'under the hood' knowledge on what’s happening with the program?
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@OP just be thankful you still have a job. its tough finding one now. I worked at Lucent before. no merit and no bonus for so many years. The only bonus we get is we were still employed. just hang in there until you find another opportunity
It's gone
Prob trying to figure out what to do since they gained 15k Frontier employees.
@an Yes that’s when there was a shred of integrity …. Ivan Seidenberg was at the helm and the companies name was Bell . Deregulation from a utility did nothing for consumers , ra--d employees of integrity and future wealth and pushed unearned wealth to executives… lower management has been getting shafted ever since the new company was formed …. Let’s not forget our chief counsel William. Bar w the new company that went on to govt and do a dive into who his ties are .
@OP keep guessing.
consider it gone. point of the program is to incentivize employees to stay. they want employees to quit these days
Nobody in leadership knows what's happening with this program, this is all speculation. Believe me, I am in Leadership.
Remember when employees were our most valuable asset?
He gone..
Oh, consider it gone. BOD will provide a marginal replacement, nowhere near the same monetary value. It's basically a defacto pay cut. Thanks Hans!!! Yes, it falls to him for putting the company in this position.
workers get the shaft while management gets to hog all the stock options plus most of the bonuses & pay raises for themselves. could be that they're adopting the compensation model of the company they just acquired.