Looks as though that is the high end, so I guess that makes me as valuable as they say!
25 replies (most recent on top)
Your fu---d and done with such low hike
"You aren’t getting RSUs because you are in one of the below
In ops and lower level
A CW and not in VMware payroll
Not VMware employee"
Nope, not in any of those. I am also not in R&D so that may be the reason why.
You aren’t getting RSUs because you are in one of the below
In ops and lower level
A CW and not in VMware payroll
Not VMware employee
Just stop. The budget just wasn't there. Across 20 people, we had enough to give it to 6 people. We tried for others, ranked P3, P4, etc... who did cracking good jobs. We just couldn't justify to senior leadership against the competition. Stop feeding your ego by playing this as only the worthy got it.
I love VMware and my past managers, but due to pointless re-orgs I currently have a terrible, sad excuse for a manager that maybe makes the Spikey Haired boss in Dilbert look awesome in comparison. He went from manager to director to senior director in no time, and when promotion cycles were apparently skipped. He also does nothing of value to the company really, he bullies team members destroying morale, has no deliverables and treats high performers on the team like dirt and a select few particularly new grads like they are the second coming of the messiah, especially the girls he flirts with. I don't believe the raises or promotions are as meritocratic ie linked to actual talent, intelligence, hard work or execution here as people like to believe, in some orgs I can say with absolute certainty it's the relationships you have built, and not in a good way (ie there are more and more serious issues with nepotism, friends getting under-qualified friends in and promoted especially IST teams, etc.)
I got so many RSUs suddenly that I'm wondering if it was a mistake or something lol.
You aren’t getting RSUs because you are in one of the below
- In ops and lower level
- A CW and not in VMware payroll
- Not VMware employee
Just out of interest, what do you need to do to get RSU's or is it team specific? I've never been given any.
My understanding is that the budget for pay adjustment was 3% globally with minor variations between BUs. RSU pool was quickly depleted as well. If you got >3% someone got <3%. You can't frame that in a good way, but likely speaking anything better than 3% means you're better than an average performer. Anything better than 4% and someone fought pretty hard for you.
May the odds be ever in your favor.
It is worth noting that, in the context of 3% or less raises, the workload in our BU has gone up at least 50-60%, almost exclusively due to internal administrivia requirements from senior leadership.
Yep; although many did not get a raise, most of those who did got around 3%. They (we) all got the same talk: "You are so great. You are so special. Sorry this was all I could do. Not everybody got one, so please keep this to yourself". Less than a week later, the continual onslaught of "Magoo and Company" BS has sandblasted away any vestige of feelgood that you might have had from the raise.
I think OP is just assessing like the rest of us if he or she will be on the retained list, not necessarily that he or she has an outsized ego. But I see where it could come across as bragging.
I'm the OP. I wasn't bragging, I was laughing at my boss making such a big deal about a 3% raise. She spent time telling me I was wonderful and special *and this raise proves it! *
I would have been fine with zero, given the merger. I would have been fine with "sorry this is all I can do for you, but I appreciate you".
Instead I got this snowjob where she made it seem that 3.2% was this huge gift.
I don't blame my manager. She probably really did the best she could. It's just so silly we are at this point where everyone has to pretend. Pretend 3% is huge, pretend I'm grateful, pretend broadcom isn't going to wreck the place, pretend everything is OK and we will be here in a few years as the same big happy family.
I think OP is just assessing like the rest of us if he or she will be on the retained list, not necessarily that he or she has an outsized ego. But I see where it could come across as bragging.
No, but it does add your name to the Broadcom spreadsheet of employees likely to be scrutinized because you're high up on their 2023 pay scale.
That is completely stupid. You just have easily could have said that "it adds your name to the list of employees that are most valuable and should be kept."
You have no idea what broadcom's decision is based on, but I doubt it is "who got a whopping 3% raise"
"I guess that makes me as valuable as they say!"
No, but it does add your name to the Broadcom spreadsheet of employees likely to be scrutinized because you're high up on their 2023 pay scale. So congratulations, you are now a candidate for the right-sizing reduction about to be initiated, post deal closing.
Cumulative salary raises over the past few years still have not kept up with my original hiring salary when taking into account inflation. I’m now on about 2k less in real terms than I was when I first started AND there was a promotion increase in there too!
3% here too. No RSUs.
Yea got my 3% raise with no RSUs.
Wait, you guys get salary raises after being hired? How often? Every year? Do you need to ask?
@dgt+1nNNzuH0
how many people in the team?
My manager got promoted {director -> Snr Director) when ICs were told there would be no promotions in the cycle. I’m not saying it was deserved, but the optics are horrific (again).
I wasn't expecting a raise at all with everything going on. It was 4%, I'm not going to complain about it. It could have been 0%. /my2cents
Positive way to look at it I suppose, but in terms of your actual buying power, when you factor in how much inflation has gone up over the past 12 months, you're actually still making less than you were last year, so at best, you're almost keeping up with inflation.
"Looks as though that is the high end"
Yeah, but there's apparently no high end to your ego, or depth of your shallow self worth.
that makes me as valuable as they say!
Or just too expensive. Depends on what the same role pays in bcom I suppose ;-)
I’m not sure how this post helps the collective? What do you want us to say? Well done, great job ?