Does anyone know any more detail regarding the upcoming adjustment for compensation? Some questions I have in mind are: 1. when would this take effect? 2. will everyone be affected, or just those who fall below whatever new band they determine? 3. I heard each band will move to the one above it, is this true? TC: $150k YOE: 2 #tech #vmware
The pay bands have already been widened. There’s threads in there about it, I believe it was up to 20% more You might see a raise take effect in August, but there’s no guarantee it will be anything outside the norm, unless you’re at the bottom of the new bands.
They need to. VMware pays most people like crap. The only ones making bank are the execs that are screwing up the place. VMware is on a downward spiral.
1) I’m guessing it would take effect before or at the same time as the promotion cycle, so aug. just a guess though. 2) I haven’t heard details, manager made it sound like everyone in certain levels would feel the bump. 3) I don’t think it will be as dramatic as moving up an entire band, but again, no details for certain