Thread regarding Illumina Inc. layoffs

3.5% average salary increase

Is 3.5% the average salary increase this year? And how much AEG did the lucky ones get?


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| 581 views | | 4 replies (last March 11) | Reply
Post ID: @OP+1kjxfgecm

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This is because Jacob’s yes men like Bas can get huge bonuses for knowing nothing about our business. All he and others are good for is saying yes and firing people.

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Post ID: @16y+1kjxfgecm

Agreed... higher title and lower wage strategy to retain workers.

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Post ID: @134+1kjxfgecm

Enjoy it. I only got 2.75%

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Post ID: @cp+1kjxfgecm

reduced total comp by 2-4% with 77% VPC payout and giving 3-4% salary hike. zero sum game. average AEG is below midpoint range so not paying much for those who are eligible

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Post ID: @ax+1kjxfgecm

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