Anyone willing to chat/DM me on profit sharing historically for IBM cloud? Getting cagey/non-answers from recruiter.
Are you referring to GDP? It’s trash.
IBM doesn’t do profit sharing. You might get a bonus worth a quarter of your pay check but maybe not.
I’ll dm you but it’s legitimately in my offer letter and called profit sharing…
The GDP acronym is Growth Driven Profit-sharing. The pool is only funded when the overall company has year over year growth in both revenue and operating cash flow. In the years that I’ve gotten it, it has been 0.5-1% of my salary, but actually have only gotten it maybe 1/3 of the years I’ve been here. For example, this year no one got GDP.
I had profit sharing in my offer letter too. Never got a cent...
I got 700$ once.
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