The travesty of Omnissa continues under the disabled leadership of our CEO. Lots of folks got promoted at the top levels of management from directors to VPs whereas genuine promotions at lower IC levels were denied and sent back under the excuse of 8 percent limits on promotions. People who are doing the heavy lifting were denied whereas top management promoted folks who report directly to them. Most of the companies are going with flatter organisations but Omnissa continues in the wrong direction. Corruption and nepotism at highest levels.
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@aa The focus isn't on the new pay, but rather on the ownership units and the cutoff level for the Q4 KKR dividend, or a potential partial divestiture to another private equity firm. This move will not change the ownership so no units paid to most of us.
@OP Promotions are based on "visibility" and only those at the top shielding the accomplishments of ICs are going to get promoted. Departures are really starting to ramp up now that the bonuses have been paid out.
It’s amusing to see people keep on being disappointed, dissatisfied and complaining here. Just leave🤷♂️ i did and was the best thing i did in years. Do yourself a favor and get out if you’re not happy..
The company gives no or minimal pay rises, poor bonus, and yet can make a variety of new SDs and VPs that are not needed. The company is going down the pan
Management knows anyone working at lower levels would have left already if they had valuable skills so why bother promoting the losers.
Who cares man. The pay raises for promotions are really that not much without the rsu