First Layoffs, now bonus. - Intel cancelled the bonus. - Google delayed the bonus by 3 months (effectively 25% reduction) - Meta announced today that they are reducing bonus by 15%. Hikes and refreshers across tech will be 🥜 Tough times. Edit - For dumbos at Google, who don't understand Math. You were paid bonus in these months - Jan 2021, Jan 2022, April 2023, April 2024, April 2025 ..... Your bonus period has been shifted by 3 months (permanently), but you were not given a one time additional 25% bonus to cover this shift from Jan to April. TC - 🥜$
That’s our secret, Cap—we’ve always not given bonuses.
Google had new review system and it messed things up this year. So far they have paid 80% and rest would be paid in February. Didn’t get what op meant by 25% reduction in bonus at Google!!
They gave sometime around Jan15
If you want to optimize your bonus before quitting you now have to stay until March, whereas before you'd have to stay until January. The bonus in March is still only over the year before (until December), so if you quit in the best way possible you are not getting a bonus over January until March. That means you miss out on 3 months of bonus over your employment stay at Google. The 80% pay in January didn't change that, except push this 3 month cut towards the next year.
Where did you read Meta is cutting bonus by 15%?
I work at Meta. It is internally announced
sounds like a rumor
google moved the review period on the calendar
I don’t understand this news about 25% google reduction in bonus. I think you’re misinformed
he’s saying that the period covers 3 extra months. how’d you get a job?
Delaying your bonus by 3 months is essentially 25% reduction. The delay is permanent. You will always be given bonus based on new cycle
Meta, they didn’t delay the entire bonus. They have paid off 80% of the bonus around Jan15 and paying rest of it in Feb. how is it delayed 3 months? Bonus cycle for next year will be different, fyi!!
multiple payment schedule just hides the fact that the bonus period for this year was 15 months. so, 25% off sale
FYI, they’ll pay the 2023 entire 12 month bonus as we clock in to 2024! They aren’t getting away with it. This delay in 1 month was mainly due to new review system.
But not on January , they will pay later. Intel is also going to pay bonus next year and Meta will pay 100%.
Bonus at Google will be 100% paid for 2022, there is only a shift by 2 months this year due to new review system. Why are you stuck on a loop! Your original post is misleading.
In other words, if next year someone leaves Google on Jan 1st, they still get paid for the full bonus. So no difference.
Amazon 🥇 no refreshers no bonus no promo
LGTM