| Topic Name: |
Performance Reviews |
| Message Name: |
That rope you are hanging on to is a noose |
| Date Posted: |
12/30/2005 |
| In Reply To: |
AI is the same as at other places. They don't pay what they can't afford to pay.
We had a bad AI year, no doubt. But i've been getting bonuses here for years and this was the lowest yet. It's not typical to see such low payouts. 2004 was a struggle as well that paid out about 75% of bonus pools. Prior to that it was always at least 100%. I expect 2006 to be closer to the 75% range again and then 2007 getting back up to (beyond??) 100%. |
| Message: |
Maybe for those in outsourcing, competitors' bonus pools may have been lacking. But if you are a Hewitt consultant or actuary caught up in the whirlpool of the Hewitt outsourcing mentality, don't kid yourself...competitor bonus pools were fully funded.
(Arguably, the AI was even less than 26% if you consider the removal of the free food - and it wasn't just lunch...it was breakfast, lunch, and dinner for many of us.)
Go ahead and believe that the Hewitt bonus pool will triple next year and quadruple by the year after. You can also supplement your income from The Tooth Fairy, Santa Claus, and the Easter Bunny.
"The floggings will continue until morale improves." - Captain Bligh
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