Just wondering what others think of the new IMIP program? A lot of folks are having to take reductions in their pay in exchange for deferring it to a bonus that's not guaranteed. Works out great for upper mgmt but sups and lower mgmt are having to make sacrifices.
Just wondering what others think of the new IMIP program? A lot of folks are having to take reductions in their pay in exchange for deferring it to a bonus that's not guaranteed. Works out great for upper mgmt but sups and lower mgmt are having to make sacrifices.
Just wondering what others think of the new IMIP program? A lot of folks are having to take reductions in their pay in exchange for deferring it to a bonus that's not guaranteed. Works out great for upper mgmt but sups and lower mgmt are having to make sacrifices.
Yes, but not loving losing pay to a bonus that's not guaranteed! I don't understand any rationale that allows the company to reduce an employee's salary like this.
Yes, but not loving losing pay to a bonus that's not guaranteed! I don't understand any rationale that allows the company to reduce an employee's salary like this.
Please explain how this plan works and how does one apply to get in.
Perhaps Total Compensation isn't being reduced, but this is just spin for deferring actual CASH compensation to a bonus that's not guaranteed and that's the bottom line. While most of the supervisors ended up getting cuts in their cash compensation (paychecks!), many managers are getting increases that are retro back to 1/3/11. So, I'm just wondering where the motivation is for us to work hard if the company can choose to slice and dice your pay at will to suit policies that benefit those higher up in the food chain.