AMD: Salary hike for existing employees

AMD / Eng
iyhvd

Go to company page AMD Eng

iyhvd
Nov 14, 2021 34 Comments

I'm sure everybody would know Intel bumped up salaries of existing employees by 7%.

What do folks think about AMD? New hires are getting paid very good TC compared to existing employees. Would AMD ever do something like this?

TC: πŸ₯œπŸ˜
#hardware #semiconductor #salary

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TOP 34 Comments
  • Roblox
    GLJE35

    Go to company page Roblox

    GLJE35
    Your stock already pays you
    Nov 14, 2021 7
  • Intel
    naughty_BK

    Go to company page Intel

    naughty_BK
    Intels salary was raised because for the very first time we had a CEO who accepted that our pay was low. The previous 2 CEOs from 2015 never accepted this. They only suggested hikes in certain areas like AI:ML.

    There was a mass brain drain that was happening at intel and this was noted by Wall Street. In fact a few investors of intel, a big time firm publicly called this out.

    1. Does AMDs ceo accept that there is a hike diff
    2. Amd stock is only growing. Wall Street and other investors firm are happy with the stock.

    With these two, doubt if amd can do a blanket increase. You can either have a cal with your manager and say you deserve more or get another offer to negotiate it gtfo
    Nov 14, 2021 4
    • AMD / Eng
      iyhvd

      Go to company page AMD Eng

      iyhvd
      OP
      Yeah. Right on. That's exactly what I thought..
      Nov 14, 2021
    • The survey has been mentioning compensation as an important concern for years now. Look at the survey results since 2019 and you’ll know what I mean. It’s mostly words and not much action. It’s why the scores for β€œI can see AMD taking action based on survey result” being lower in many groups
      Nov 17, 2021
  • AMD
    Sargon

    Go to company page AMD

    Sargon
    I'm currently PMTS at AMD and been here for sometime. For the amount of work I've done last year I got paid real peanuts. I've mentioned this to our hierarchy multiple times but nothing really has been done. I'm likely going to look for a new job soon. Can't forever get paid peanuts. Attrition is impending. I'm on East coast but still the competition pays better than AMD.
    Nov 15, 2021 6
  • NVIDIA
    xGracex

    Go to company page NVIDIA

    xGracex
    AMD pay is criminally low. It boggles my mind that some of the best engineers in the past decade are earning πŸ₯œ.
    Lisa Su 2020 pay: $29M
    Jensen Huang 2020 pay: $11M
    Nov 15, 2021 3
  • AMD
    woofff

    Go to company page AMD

    woofff
    7% hike happened earlier in 2021 .. Feb-march … if you didn’t get it then probably management thought that you are getting paid fairly. πŸ€·β€β™‚οΈ
    Nov 15, 2021 7