The invite is out and the excitement is growing to listen to our methodical dictator lecture us for an hour. What are your expectations for this quarters event?
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Your crystal ball might be currect as far as severance goes. Go/severance is a broken link now. A few weeks ago it pulled up the severance package details.
They will be enhancing bonus plans to a pizza party and taco breakfast where you will be enjoying that energy only found at USAA in the office, full of that wonderful culture!
He did not say that, he has never called attention to this site by name. Liar.
Wayne stated in a meeting recently that he checks the feedback on this site daily.
Let's take some questions from live ink about.. the lay off dot com 🤯
“Why would someone deserve a merit increase if they are not at least meets?”
If you are a Meets, that means you are doing 100% of what you are supposed to do. I think that what “Crystal Ball Says” is suggesting is that you won’t get 100% of what the target raise will be for Meets, you’ll get 75% of that. Then Tamla can tell the media, “we planned for 4% merit raises” but only give the full 4% to those few who are EE.
I'm wishing Peacunt announces he's leaving. Admiral Syring is coming back. Yes, it's a big wish...you know...only the employees and members want that. Napoleon with the Just For Men hair coloring would tell the weak azz board that would hurt him emotionally.
Merit raises only available to Meets and EE; probs 75% for Meets, and only EE will get 100%
Why would someone deserve a merit increase if they are not at least meets? If I owned a company I wouldn’t want to give a raise to someone not meeting minimum requirements. It is called a merit increase and not a cost of living.
@boy+1oUeTk1W
What they won’t mention:
- Big fat bonus for the Peacock. Listen, it’s very stressful to inflict so much pain on employees, so you need to help pad his ego with wads of cash.
I’m sure some more comments about “displacing” more employees, how the benefits are “enhanced”, and how we aren’t as profitable as initially expected with a blame towards a busy cat season…
I predict:
- Drastic reductions to Severance Plan
- Reduced Christmas bonus, or no bonus
- Downward changes to annual bonus, likely based on subjective, unquantifiable opinion
- Merit raises only available to Meets and EE; probs 75% for Meets, and only EE will get 100%
The $10-11 billion in losses due to interest rate fluctuation is hitting most banks, so usaa isn’t alone there. However, the billions leaking out of operating income are a big concern, because operations need to help offset the interest rate-related investment losses, but they’re doing the opposite. Brutal
My predication is that Bonuses/Raises will definately take a hit just based off what they did to the benefits and based on their financial statements they are down $14billion in equity since 2020 so Im sure we will see some more cuts elsewhere.
More of the same lies, sugar coating and hints that bonus will be lower.
Low