intelemp1077
Distinguished
- Jan 19, 2011
- 1
- 0
- 18,510
First of all the EB target per employee is 1% of annual wages. The 4x multiplier is what you multiply that by - it is NOT 4 times our usual bonus. It's 4 times the target which is 1% of annual pay.
Second, engineers are paid what they are worth. I do engineering work but I'm a tech BECAUSE I am not ready to be an engineer at Intel. I might be able to deliver what's needed but to be an engineer is much more than just delivering requirements. It's an entire process of dealing with internal and external customers, and trust me, that alone is a job in itself. Doing and delivering the work afterwards is something else entirely. Being an engineer at Intel means probably more than it does in many other companies. It's extremely stressful and demanding. My teammates who are engineers and make way more than me - they deserve it and I am a fledgling. I am nowhere near being ready for the cr@p they go through every day just because I can do some of the coding that they can.
There are many folks at Intel who are not engineers making more than me, depends on the department. But if everyone wants to pick on the engineers, there ya go. They deserve what they get paid, and the process of determining how you're doing based on your peers is another beast; very competetive and if you're lucky you are surrounded with good people who don't try to cut you down to get better ranking in focal (like I am - LUCKY and d@mn grateful).
The other bonus we get this time of year is based on a days pay (different for each employee, obviously) based on a multiplier that even after almost 12 years of Intel I have yet to figure out although it is clearly explained to us over and over. I just don't seem to pay attention. We get added days based on customer reviews which at the largest has been 2 so far. I know news articles like to use extremely high wages for examples in these articles but to think that each employee is getting over 10k in bonuses (before almost half going to taxes) is insane. I didn't even get half that. But I am so incredibly grateful to be employed by a company who took me in and lets me grow. I am so grateful my team is incredible and we never have competition issues. My department believes in making work fun for employees so we get fun stuff here and there.
Nothing happens overnight. Intel has built itself as a whole over many years. I am grateful to have stability in a paycheck right now and bonuses mostly go to necessities aside from divvying up anything to my kids for the following school year. Intel has been good to me and I am loyal. Even if I lost my job there again, I'd still think it's a Great Place To Work because I am there now and I know they work to keep employees happy. Whoever inside the company can't see that is ungrateful (this coming from someone who got laid off by Intel before). Whoever on the outside thinks we're all rich, we're really not. Anyone with other doubts, we bust our butts and deserve any extra we get because it's never a cake walk at Intel.
Second, engineers are paid what they are worth. I do engineering work but I'm a tech BECAUSE I am not ready to be an engineer at Intel. I might be able to deliver what's needed but to be an engineer is much more than just delivering requirements. It's an entire process of dealing with internal and external customers, and trust me, that alone is a job in itself. Doing and delivering the work afterwards is something else entirely. Being an engineer at Intel means probably more than it does in many other companies. It's extremely stressful and demanding. My teammates who are engineers and make way more than me - they deserve it and I am a fledgling. I am nowhere near being ready for the cr@p they go through every day just because I can do some of the coding that they can.
There are many folks at Intel who are not engineers making more than me, depends on the department. But if everyone wants to pick on the engineers, there ya go. They deserve what they get paid, and the process of determining how you're doing based on your peers is another beast; very competetive and if you're lucky you are surrounded with good people who don't try to cut you down to get better ranking in focal (like I am - LUCKY and d@mn grateful).
The other bonus we get this time of year is based on a days pay (different for each employee, obviously) based on a multiplier that even after almost 12 years of Intel I have yet to figure out although it is clearly explained to us over and over. I just don't seem to pay attention. We get added days based on customer reviews which at the largest has been 2 so far. I know news articles like to use extremely high wages for examples in these articles but to think that each employee is getting over 10k in bonuses (before almost half going to taxes) is insane. I didn't even get half that. But I am so incredibly grateful to be employed by a company who took me in and lets me grow. I am so grateful my team is incredible and we never have competition issues. My department believes in making work fun for employees so we get fun stuff here and there.
Nothing happens overnight. Intel has built itself as a whole over many years. I am grateful to have stability in a paycheck right now and bonuses mostly go to necessities aside from divvying up anything to my kids for the following school year. Intel has been good to me and I am loyal. Even if I lost my job there again, I'd still think it's a Great Place To Work because I am there now and I know they work to keep employees happy. Whoever inside the company can't see that is ungrateful (this coming from someone who got laid off by Intel before). Whoever on the outside thinks we're all rich, we're really not. Anyone with other doubts, we bust our butts and deserve any extra we get because it's never a cake walk at Intel.
Facebook
Twitter
Instagram