They’re cutting most people’s comp and dressing it up like they’re doing them a favor. The message is basically: “good news, we’re now rewarding top performers even more… by taking from everyone else.” It’s not about recognizing excellence; it’s about squeezing more out of people with less. And naturally, it all rides on their annual review system, which is subjective at best and arbitrary at worst. So now, their raise depends even more on whether their manager feels like fighting for them in a broken system. This sets people up to compete instead of work together. And the timing is pleb-crushingly tone-deaf. After myriad industry layoffs and burnout, they roll this out like it’s some kind of gift. It’s not. It’s just another way to try to do “more” with less, while pretending they’re “investing in talent.”
My employer did basically this and it’s really only used for nickel and diming employees. At best you get 100% of what you would’ve been due, but you probably end up getting 95% of it. So while you might miss out on a couple hundred dollars the company saved millions by doing this across the board.