Most likely bonus payout will be 2/7. It’s always between paydays at the beginning of February.
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The bonus payment date various by country but it’s usually end of Jan to early Feb.
Bonus payment is often at the end of the month separate to salary, and then your raise will be retroactively applied to January, with the increase for Jan included in your February payment
Since 1/9 is the communication day, do you know when the payout date is? Thank you
It’s the 9th of Jan and bonuses will be good in Tech for top performers.
Cool the process stinks and its not fair blah blah. Any news on if the bonus will be good for good performers and when the dates are?
The whole process is a joke, go to a company that knows how to evaluate and be transparent with their employees.
has anyone heard anything about comp? like when is communication day and when will we get it? is it looking good for Operations?
Only the Senior EDs and MDs know the Talent Ranking.
Your direct manager does know your ranking as they have access to the system that displays it.
Everyone is ranked on a bell curve from one to five. The fives and fours are going to get higher bonuses, three is probably the same as last year, and twos and ones would be lower or none. You never know your actual ranking. Your direct manager does your evaluation, but they may not be involved in your ranking at all, it could be a level or two higher, and that person may not even see your actual evaluation. It’s a bizarre system really.
I got “delivery results with room for improvement” in performance and in risk/control
And strong results in culture and values
Will my bonus get axed?
1-5 is your overall evaluation score. Can’t get a good comp package with a sh-t evaluation
what is the 1 to 5 ranking?
Can you elaborate on the 1 to 5 ranking?
Not really... Your 1 to 5 ranking is what really determines it.