Any word on your % ?
35 replies (most recent on top)
3.5 % Sofia
8% WOW......clearly the management deems some teams more important than others and they are paying them a higher bonus.
8% Pay for Results, Pointnext, Western Europe
India 6.4 percent - Global Trade Finance controllership
This is not true. I’m Aruba I sure didn’t get 15%. Nor did anyone else I know.
avg 15% Aruba.. we drink from the golden chalice as we stroke our golden fleece.. other division should try and make some money and seek avarice like us
The funny thing is that I completely expect the end of the year bonuses to be not funded. Just like last year.
So in the end they just had to pay 50% bonus payout. This is genius!
No, I'm not a manager - master level (M28) individual contributor
4.25% huh? That is envious. Are you a senior manager or Director? 4.25% is unthinkable at HPE for workers.
4.25% of annual
Worker bee in Fort Collins, 1.5% of annual
Enjoy your bonus. HPE moved the bonus for you guys to mid-year so they didn't have to pay any to the ES staff that they shafted over to DXC (as they were obliged to do).
Yes got it. But just 1.68 percent. Location india
2.5% of annual
3.4% of my half-year salary, Pointnext
Fiorina killed company-wide profit-sharing. Salescritters like Fiorina and Hurd don't understand that developing products is a team effort.
5.25%
Compaq had selective bonuses for selected people long before it got acquired by HP. Sometimes I got them, but usually not. Always as worker bee, FYI...
...
What has amazed me over the years has been this: I have always been the same person, same relative productivity, same diligence or lack of same, same work ethic, same person-to-person ethics... And my performance ratings have been all over the map! Yes, there's tons and tons of subjectivity out there, obviously... Be sure to comb your hair right! And be tall and skinny, and have good hair to start with!
It was in the works before Mark.
Regardless if Printing Division had something to do with the change or not, it was out and out the handiwork of the greedy Herd guy who put the framework around the policy and set in motion an an unjust bonus scheme fraught with favoritism and designed to keep majority of the money at the Upper echelons of management leaving very little for the workers. Even the distribution of the scrapings at the bottom layer of workers was done (and still being done) based on favoritism and subjectivity.
Part of the change to "profit sharing" was due to printing carrying the company and they wanted more money for themselves. Why should "everyone" get a bonus if their business is tanking?
Of course printing spent like drunken sailors too and it caught up with them. One positive thing printing did was wall themselves off from Compaq. That allowed them to be successful a little longer but then consumers stopped printing and you can see where the company(s) are today.
With the split, you still these changes in HPE.
Remember the old days? PS-ing +/- 14%. Parent Co. mid to late 90’s. BOD reformulated the %-age., reason was that profits from “bestshoring” skewed/over-stated the numbers. Possible as founders reported such time or two in past. Eighties I believe. In short., the % was basically cut in half., then in half., in half., and then in half. WOW. Then add to the mix CF., MH, LA, Grandma.....B & D.....spinning in their graves. Chop/hack/shred people. Much peace to all.
@@TLvfNeY-jpr
3.50% of my yearly salary apparently.
@TLvfNeY-1xdx has said "I miss the days when everyone shared the same bonus and all either had cause to celebrate as a company or failed as a team. "
Amen to that!!!
I had mentioned that very comment in the VOW the first year this scheme was introduced by the then creepy ceo Herd. Lots of others must have fed the same comment. They delayed the decision by 1 year, then it got written into Law at HP. This was out and out a Top level management scheme to corner all the bonus money to themselves. What an ultra greedy bunch this company is run by. There are still companies abound out there that still follows the old HP policy of having a single bonus percentage declared across the company.
Worker Bee M62 here, forgot to add this. My salary is $162,228.00, so if my math is correct on an annualized basis my percentage increase was 2.97%. S hole company.
I miss the days when everyone shared the same bonus and all either had cause to celebrate as a company or failed as a team. None of this BS where arbitrary, varying buckets/amounts move around to varying businesses, organizations, departments, teams, and then to the individuals. Rather than a team effort, it just divides employees. Microfocus follows the old HP practice of equal percentage profit-sharing across all employees, with low percentage bonuses. Those that got spun off to SUSE also follow the old practice, but with better bonuses.
If you got 3.5% of your yearly salary, you must be an extreme outlier - in other words you are part of the special pool of chosen people - you can go celebrate to that. It by no means imply that things are better with this company all of a sudden.
3.5 of annual salary or 3.5 of 6 months of salary? What level are you?
I've been told I'll get about 3.50% of my yearly salary paid as a half year bonus. That on it's own is more than was paid for any full year bonus going back as far as I can remember so it's a big improvement as far as I'm concerned.
We have heard about big bonuses paid by many companies outside of HPE. The numbers you shared really puts things in perspective. HPE folks can expect somewhere between nothing and next-to-nothing going forward. Expecting anything more than that is a mere pipe dream.
I got 4% of a half year salary - supposed to pay out on next paycheck
Thanks to the last poster. That gives an idea to the rest of us. Yes S'ole company indeed.
Worker Bee (M62) 50% bonus was $1204.12 gross. So, full bonus should have been $2408.24. S hole company.
50% of your expected payout means very little to us the worker bees. If you really want to contribute information, tell how many dollars you got and if you are a manager or a worker bee. Even a range such as $500-$1000 or $1000-$1500 etc. would be helpful.
Dude, that already happened. It was 50% of your expected payout.