Literally just had a chat with my team lead and this year we get nothing for a pay increase. With the cost of living increasing, everything going up in price really, they fob us off with no increase.
I did get a small bonus though, but this feels like a slap in the face. I guess I'll be looking more actively for another job.
"Look how much total Compensation for Key TU Executives went DOWN in 2022:"
I think the point of the morningstar link was to point out that even when they get less, it's still more (in a single year) than most people could hope to make in a lifetime.
Christopher A. Cartwright (58)Director, President and Chief Executive Officer
10,502,867 11,757,408 8,633,152 8,206,631 6,257,515
Todd M. Cello (48)Executive Vice President and Chief Financial Officer
3,480,541 5,189,657 3,412,857 3,086,674 2,235,747
Steven M. Chaouki (51)President, US Markets and Consumer Interactive
3,034,007 3,584,673 2,550,882 — —
Venkat Achanta (51)Executive Vice President, Chief Technology, Data and Analytics Officer
2,771,717 — — — —
Timothy J. Martin (53)Executive Vice President and Chief Global Solutions Officer
— 3,280,418 — — —
Heather J. Russell (52)Executive Vice President and Chief Legal Officer
— — 2,705,000 — —
"It’s a BIG CLUB…AND (WE) AIN’T IN IT! "
Passive Reader flexing my fingers on this one, comment by comment:
"Oh sorry just one more thing I wanted to add... You still have a job... So f_uck off with your complaining...."
Getting RIF'd was the best thing to happen to me (and my career) in a long time. Landed a role without effort outside of TU for a 20% overall increase. That is without the bennies of the severance package.
"Look how much total Compensation for Key TU Executives went DOWN in 2022:"
Cry me a river. They should have lost more than that for mismanaging the finances and forecasts and driving the company into a nose dive and a talented workforce into the unemployment line. The C-Suite FAILED their investors and the workforce that delivered the value to them. I wish there was a way to permanently purge and block all of my personal information from TU moving forward. I'm certain they mismanage that too.
"Imagine a mass exodus will be coming, so they will get their wish to staff everyone in Costa Rica and India. Good luck running this massively complex business with that model."
I agree with this statement. TU is skirting and circumventing far too much in the regulatory and compliance areas to put all of its eggs in those baskets. I cannot wait to see Cartwright and Bad Venkat standing tall in Washington answering some difficult questions.
What grinds my gears is how Neustar people received double the increases of TU people in equivalent roles/paygrades.
Oh sorry just one more thing I wanted to add... You still have a job... So f_uck off with your complaining....
Well as of today I had a 100% pay decrease in the form of a lay off... I'd take keeping my source of living vs not getting a raise at all... Just saying... Prep that CV/Resume... more lay offs coming soon...
quit your whining and pull up your bootstraps already.
you probably got a RAISE in 2022
Look how much total Compensation for Key TU Executives went DOWN in 2022:
https://www.morningstar.com/stocks/xnys/tru/executive
How would YOU like to get a 500K-1M decrease in compensation, and be left with having to make ends meet with only around what the rest of us take over a decade (or more than 2 lifetimes) to earn?
There was a budget for each region (think 2%). It was smaller than years prior certainly as revenues are not great. Spreading it evenly across everyone cannot be justified just because cost of living is increasing. Managers have to take into account how to provide meaningful increases to folks who were promoted, rated leading vs performing, and those that may be below market rates. To do so requires not everyone be provided an increase. Sounds like you were one of those, and that stings, but those above cases are going to get priority. Anything left may come to you.
Yeah, no increase here either. Keep doing more with less! Oh but we will spend money to send the executive team to the UK and India and throw a huge sales kickoff at Universal Studios. Would be laughable if it wasn’t so sad. Imagine a mass exodus will be coming, so they will get their wish to staff everyone in Costa Rica and India. Good luck running this massively complex business with that model.