Thread regarding Fiserv Inc. layoffs

increment for 2023 work

is there cash bonus and then pay increment?

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| 1731 views | | 14 replies (last February 20, 2024) | Reply
Post ID: @OP+1r62FeZD

14 replies (most recent on top)

Cash versus stock split is based upon grade level. We are set to get 94% of our total available payout because we did not hit some arbitrary goal.

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Post ID: @4zwe+1r62FeZD

Likely 3-5%

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Post ID: @2tqv+1r62FeZD

3 % + 1 month of your salary divided into 60% cash and 40% RSU.

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Post ID: @2jqz+1r62FeZD

Not reading the room? This guy has middle management written all over him.

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Post ID: @1vwp+1r62FeZD

I'd like to point out this is a LAYOFF platform. That means people are posting about losing their livelihoods while you're asking about your bonus. Read the room.

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Post ID: @1tus+1r62FeZD

Not yet finalized. March.

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Post ID: @1vrv+1r62FeZD

They are right. There are no layoffs (on townhall day).

(They like to savor the layoffs and don't want to be distracted.)

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Post ID: @1lpg+1r62FeZD

No layoffs? Tell that to the remote employees who left on 2/15 and later on 3/15 and 4/11

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Post ID: @1mha+1r62FeZD

In a townhall today we were thanked for all the hard work and how great the company is doing. “We are not laying off like other companies” BUT we want you to do more each day…NOT one word about increases and forget bonus… most don’t qualify anyway… low workers…gee thanks I’m so enthused

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Post ID: @zqp+1r62FeZD

Serious answer: yes there are typically bonuses/raises yearly which should go out in the next 1 to 2 paychecks.
Raises always fall in the 2-3% a year because "it was a tough year" or "the economy looks bad"
Given the ongoing inflation rate is higher than what the fiserv raises are, you will essentially be getting a pay cut.

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Post ID: @sjz+1r62FeZD

As a special performance bonus, JSOC privately warned me of the danger of the door hitting me on the way out.

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Post ID: @zbe+1r62FeZD

If your name is Frank then you are contractually obligated to take your raise. 6% I believe.

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Post ID: @ofs+1r62FeZD

yes in dreams only

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Post ID: @oot+1r62FeZD

LOL!!!!!!

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Post ID: @kph+1r62FeZD

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