Wayne was so proud when he announced that all employees (on average) was awarded 4% merit pay increase while pocketing 157% increase for himself.
NOTE: Our merit pay increase is not even close half of last year’s inflation rate of 8.58% while his P&C paycheck alone is 18X more than the inflation rate. And that’s after losing the company over $1B.
What performance goal is his compensation tied to?
Best poast yet on this site.
Wayne is a Pinche liar. The majority of us were lunch to get 3% which adjusted for inflation is a year over year pay cut.
Q: What performance goal is his compensation tied to?
A: It's tied to strutting around like a Peacock while losing money in 2022, knocking down employee morale like a rotten sandcastle, surveying the damage and blaming it on the employees for not being in the office enough. Then he looks straight into a mirror and asks, "who's a good boy? Who deserves a 157% raise? You do! You do!"
There is a special place for him and his “team” when he leaves this world! Bank on it…
SDB got 3% or below raises because it was decided that was one of the areas they would do a budget cut from.
Yes, and that was just the portion of his raise that Wayne had to report. He did not have to report the raise that FSB or USB gave him. He easily makes double what gets reported publicly. Same is true for all of the EC.