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Bonuses will not be fully funded. We need to be at plan of above to be fully funded and we are not and will not be there.

likefunny

It’s not 1 for 1 though, ie 90% of plan doesn’t equal 90% bonus funding, it’s still discretionary.

likefunny

Anyone worried about layoffs?

likefunny

The thing is they keep talking about growth and opportunities for SDs to grow into partner role but given the economic environment and revenue vs plan (and not prior year), leadership may just cut people to make numbers look better for IPO.

likefunny

I’m not personally worried about layoffs, but feel like they have to be coming, especially for lower performing SDs. We’re an easy group to get rid of when the time comes, and I think they do that on purpose because this job is very much sink or swim.
The bonus issue is tricky. Obviously won’t be fully funded, but they need to keep top performers happy because post Everest announcement the recruiters smell blood in the water and are poaching a lot of good people who aren’t sure what things will look like.

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Yes…

uplifting

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