We had a tough year, need to tighten our belts
So it's that time of the year when variable payouts are being processed. Everyone’s excited, checking their bank accounts. I get the email from HR - "Your annual bonus is..." I open it
It’s enough to buy me a nice lunch I go to my boss and ask him about it He says "We had a tough year, need to tighten our belts" I look at his belt - it’s designer
Meanwhile, I’m tightening mine to skip meals. I said "Thanks" and left. He says "Keep up the good work" I leave the meeting room and start Googling jobs
- CONFESSED NO ONE
Imagine being a manager and your manager asks you to convey this information to all your hardworking team members
He/she is manager and getting paid for doing that.. I would love to do that pay me that
Manager take a lot of hit always
They don’t get paid variable pay.
it is definitely based on team performance. Money wise , team does bad , team may still scrape through but manager does not
I had to hear that last year, at the biggest tech company in the world - " no increment on salary or bonus payout for the next 1 year". All this shite while the company was breaking revenue and profit records every quarter and the stock went higher and higher. The sad part is they laid off 10k people because some hedge fund manager wrote a letter to an executive of the company that they had over hired during the COVID. Fucking scumbags all around
