Bankruptcy news may be false news by buyer to bringdown sale price and have leverage. Good news is got best STIP in the past 3 years. No salary increase though. Hopefully all this will be behind us.
9 replies (most recent on top)
Are these STIP payments a precursor to the inevitable mass layoffs around the corner?
I got 45% of monthly slary as STIP, so did most of my colleagues. KK did send internal mail today that capital structure is happening, but no specifics. Just usual paragraph.
STIP (or AIP) % is based on your grade. There's a table with the details on The Source.
How mush STIP is paid as a % of salary ? and when is it paid
STIP is good this time, got budge for my team which is almost 3 times of last year.
STIP is the bonus paid annually to employees working for support. Used to be pretty good, but then the EC changed the terms to a performance based STIP that was pretty much impossible to attain. It was later changed to be more achievable and people started to get paid.
A single months compensation payout in Sales usually blows the socks off STIP.
What Is it STIP please ?
when did you get your STIP announcement? waiting on mine and according to Kevin Kennedy it should be good.
If so..
Why no one from the management send anything like what you said.
Wake up