back to article No 2017 bonus for you, HPE tells employees

Thousands of employees at Hewlett Packard Enterprise will not be taking home a bonus after falling short of sales targets for fiscal 2017, The Register can reveal. HPE closed off the year ended October 31 with a 6 per cent drop in total revenue to $26.21bn. All of the major hardware units reported declines, professional …

  1. djstardust Silver badge

    Typical large company

    People at the top milking it off and the other 99% of employees treated like shit.

    Something has to change and soon.

    1. Anonymous Coward
      Anonymous Coward

      Re: Typical large company

      "Something has to change and soon."

      Talented people change jobs when they get treated poorly. So companies like HP get left with the dross when they go through these exercises.

      1. Voland's right hand Silver badge

        Re: Typical large company

        Talented people change jobs when they get treated poorly. So companies like HP get left with the dross when they go through these exercises.

        Then they buy the small companies where the talent went so the talent can leave again. Thus the circle completes.

        1. 2Nick3 Bronze badge

          Re: Typical large company

          "Then they buy the small companies where the talent went so the talent can leave again. Thus the circle completes."

          If the talented employees negotiated well and are getting paid what they are worth at the small company, and the small company leadership does their job during the acquisition, the talented will be way above pay scale in the big company, but will be paid what they are worth. Then they get targeted early for any redundancy programs, and can now show going through (yet another) acquisition on their CV, which increases their value to the next small company looking to make it big that they work for.

          And the circle continues.

          1. Anonymous Coward
            Anonymous Coward

            Re: Typical large company

            I have it on good authority that one of the guys who worked for nimble made bank on his stock when HPE bought them... and he kept right on working.

            1. Anonymous Coward
              Anonymous Coward

              Re: Typical large company

              https://www.nimblestorage.com/press_release/hpe-completes-acquisition-of-nimble-storage/

              There was an addl $200MM payout for Nimble unvested stock. So guess any employee with stock made bank. I thought this was a very smart move by Nimble.

      2. Anonymous Coward
        Anonymous Coward

        Re: Talented people change jobs...

        Yes, yes, yes. Guaranteeing the downward spiral will accelerate.

    2. Uncle Slacky Silver badge
      Devil

      Re: Typical large company

      Just capitalism working as designed, shirley?

      Revolution when?

      1. macjules Silver badge

        Re: Typical large company

        Just capitalism working as designed, shirley?

        http://www.tcm.com/mediaroom/video/186286/I-m-All-Right-Jack-Movie-Clip-Sack-Him.html

  2. Anonymous Coward
    Anonymous Coward

    Shitty treatment of the peasants

    I agree that management (and sales) shouldn't get a bonus if they haven't met their sales targets.

    But punishing the delivery staff because of the failure of management and sales just seems stupid - if those staff have a bonus entitlement, it should be driven by performance that they are able to influence.

    This suggests that HPE's HR "professionals" don't even understand how to structure pay to drive performance. Then again, I suppose the function of HR at HPE is only for the purpose of getting rid of people.

    1. Anonymous Coward
      Anonymous Coward

      Re: Shitty treatment of the peasants

      I made this EXACT argument for over 2 years and then realised nobody wanted to actually change anything - I left!

      I miss the gang I got to know, and I miss the tech I got to work with.. I do NOT miss the way the operation was managed, and that mattered enough to leave..

    2. Anonymous Coward
      Anonymous Coward

      Re: Shitty treatment of the peasants

      It's not just sales staff who don't deserve a bonus either based on our experience - two SANs ordered with a promised delivery date (6 weeks out from the order date) which was missed by 3 clear weeks. Throws our projects out of whack and puts us at risk of penalties from our customers...

      1. Mark 85 Silver badge

        Re: Shitty treatment of the peasants

        That's normal for many companies. The sales droids makes delivery promises that manufacturing can't meet. Maybe the date could be met with some overtime for the shop floor but overtime has already probably been cut for manglement bonuses on cost reduction and increasing shareholder value.

    3. Anonymous Coward
      Anonymous Coward

      Re: Shitty treatment of the peasants

      My company is transitioning to this type of scheme at the moment. It used to be individual performance - so I had every incentive to work hard. Now, it's split, with the lion's share being business performance driven. And if the business part misses, NO bonus at all is paid. Not even the individual part.

      In other words, I can work my butt off, but if the company misses its targets (that I had no say in setting and have no idea if are even realistic), then I get exactly as much as those who did no work at all during the year. Thus, I would then have no incentive to work hard the following year, because what's the point?. And if the bonus was paid, I would be getting a similar amount (only a small amount of individual weighting being the extra - assuming that my work is even recognised as it would have to fit into "goals") as those who don't bother to work hard. So again, I have little incentive to continue working hard. I might as well sit back and collect it regardless.

      As an example of Socialism, it is quite good.

  3. Wolfclaw Silver badge

    HPE like other big business, pay the senior bosses at all level for their failures and screw their rank and file workers who are the real company assets ! Let see how much is paid out to shareholders, who just happen to include the bosses !

    1. Steve Davies 3 Silver badge

      HPE Bosses

      Will probably still get their stock options so all is well at the 'C' level. /s

  4. Anonymous Coward
    Anonymous Coward

    Seems to be the way of the world these days !

    The top tier feeding at the trough till they're bloated whilst their minions scavenge for scraps.

    1. Pascal Monett Silver badge

      I thnk that, at that level, there is never enough bloat.

  5. CheesyTheClown

    New CEO takes helm of demotivated company

    How would you like to take the helm of HPE knowing that the first action of your tenure is to tell employees Merry Christmas... you’re screwed. P.S. I’ll be busy all month working with the architect for my new sun room in my house.

    1. Anonymous Coward
      Anonymous Coward

      Re: New CEO takes helm of demotivated company

      Pretty sure they'd be able to find a high-functioning psychopath CEO who'd thoroughly enjoy that.

  6. Anonymous Coward
    Anonymous Coward

    What's a bonus?

    Haven't had one in the almost 20 years in IT.

    You know the routine, record profits,record turnover but times ahead are hard.

    1. Andrew Moore Silver badge

      Re: What's a bonus?

      Or "we need capital to invest in The Future".

      The Future obviously being the CEO's bank balance...

  7. Porco Rosso
    Gimp

    Our employees are critical to HPE's success,

    is this sarcasm ?

    1. Anonymous Coward
      Anonymous Coward

      Re: Our employees are critical to HPE's success,

      NO, the more we can fire, the longer we can string along the profit levels.

      Once we run out of staff, we can no longer kill the costs, so we're buggered.

  8. Anonymous Coward
    Anonymous Coward

    I see nothing much has changed.

    In the last 8 years I worked at HP (now HPE) I got one pay rise of 0.6% (that is not a typo) and never got a bonus payment despite personally "exceeding requirements" for 6 out of the 8 years and our group always exceeding its targets.

    In the last two years that I was there I only got "meets requirements" with reasons like "You haven't done the XXXY course" (which I knew would be a waste of time) and "Your expenses were late twice" - I kid you not.

    There was always a good excuse why we never got pay increases or bonuses - some were quite inventive to the extent that I sort of admired the management and HR people that came up with them.

    1. Blotto Bronze badge

      Re: I see nothing much has changed.

      In the last 8 years I worked at HP (now HPE) I got one pay rise of 0.6% (that is not a typo) and never got a bonus payment despite personally "exceeding requirements" for 6 out of the 8 years and our group always exceeding its targets.

      more people like you need to get up and leave sooner in order to make those organisations stand up and realise they need to treat their staff better or they will leave.

      1. Uncle Slacky Silver badge
        Stop

        Re: I see nothing much has changed.

        Even better, they could get up and unionise...

    2. WibbleMe

      Re: I see nothing much has changed.

      I work in the IT industry, when I want a pay rise I start looking for jobs and going to interviews at a different company. Leave means they have to negotiate you back and it they value me that much they will offer more than my new employer. The trouble is that directors do work like computer logic, so you need to think in a non IT way and be aggressive/pushy as possible when it comes to pay rises. It also never hurts to keep moaning to your boss about it, (like they care about you as a mate).

      1. Teiwaz Silver badge

        Re: I see nothing much has changed.

        Leave means they have to negotiate you back and it they value me that much they will offer more than my new employer.

        Some places I've worked view that strategy as akin to terrorism and will refuse to negotiate 'on principle' (I've never been convinced they knew 'a principle' if it raided their corporate HQ with a warrant).

        Similar high handedness prevents companies from rehiring people, despite how valued they were, provided they were optimistic (or desperate) enough to reapply. Only in the heady air of upper management do people get to hop back in for some 'exciting new role'.

      2. joker12345

        Re: I see nothing much has changed.

        Same here. My company set a policy last year that said they were only doing raises every 2 years. They know engineers will leave for more pay so they try to get in front of that and guilt trip you with a few brown nosing engineers who have their back and agree with them on how you should not leave for more money. I made a comment in front of a group of Engineers and management and told them, "Look, that's fine and all. But remember that Engineers are not the type of a person who can easily ask for the business. If we were, we would be selling the equipment and making all the commission." With that said, nearly all of us spend our weeks ignoring recruiter after recruiter on Linkedin. I reminded everyone in the room that while the company is only willing to increases wages every 2 years per their new policy, my understanding of economics is that inflation is constant. If you go a year without a wage increase, you are actually experiencing a wage decrease. That was my rebuttal to the guilt trip. I'm probably labeled as the problem child. At the end of the day, as a non-profit sharing employee, I know I am considered top talent.....and it is not my job to retain myself at the company to ensure highest profittability.

        1. EarthDog

          Re: I see nothing much has changed.

          Inflation is constant. But in a country with hyperinflation, like the US, it is imperative your salary rises at the maximum rate possible.

    3. Anonymous Coward
      Anonymous Coward

      Re: I see nothing much has changed.

      To be treated like that, you really weren't valued as much as you think! Pay rises are about performance and potential, and you mustn't have demonstrated a lot of either. The fact that you stayed for 8 years, clearly disgruntled, kind of proves that!

  9. Timbo 1

    Is anyone surprised?

    tbh, unless they're unable to move for whatever reasons (nearing retirement, no other work, just generally useless, lazy etc), I don't understand why people stay and moan about it. It's not like some bolt out of the blue that hasn't happened before.

    Anyone that still has that loyal/company man (offended or offended-by-proxy gender hand wringers go feck yourself) ethos for this organization are either already paid too well, or just plain idiots who contribute to the problem.

    1. circusmole

      Re: Is anyone surprised?

      On my last "Performance Review" at HP, I was told the usual "No pay increase", No Bonus". I asked my manager since I have worked for HP for XX years, always went the extra mile for the company, always exceeded requirements - "Does loyalty not count for anything?" His reply was "No, not a thing. If you don't like it leave." So I did.

      1. trevorde

        Re: Is anyone surprised?

        Bet he's still there on the same salary

      2. Anonymous Coward
        Anonymous Coward

        Re: Is anyone surprised?

        You got managed out buddy! If they'd wanted to keep you, they would have done! Chances are you're not going the extra mile as much as you think!

    2. Anonymous Coward
      Anonymous Coward

      Re: Is anyone surprised?

      tbh, unless they're unable to move for whatever reasons (nearing retirement, no other work, just generally useless, lazy etc), I don't understand why people stay and moan about it.

      That's precisely the situation in New York (especially the Hudson Valley region). It isn't HPE (it's the *other* dim-witted 3-letter company), but with the bloated government bureaucracy and excessively high taxes in the state, no right-minded company wants to move here. So you stick it out with the dickwits, and keep posting your resume and applications.

      1. EarthDog

        Re: Is anyone surprised?

        There are plenty of companies moving to those laces. Lots of start up. Regulation and taxation is only part of the problem

  10. WibbleMe

    Interesting picture of a burning bank note, it is illegal to deface our sterling tender.

    1. colinb

      nope

      Not illegal to burn just a bit dumb, defacement is an offence as the notes can still be in circulation, once burnt they obviously can't hence no offence.

      The KLF burnt a million of them, no charges, previously they nailed money to a wall for an art exhibition and they were fined.

      Although they burnt it in Scotland where Sterling is not legal tender so maybe they were hedging their bets.

  11. Anonymous Coward
    Anonymous Coward

    Go!

    As others have said, if you want more wonga then change jobs. I was pretty chuffed when I got a 35% pay rise from one move. Thats not to say every change is all rosey, but if your not getting anything where you are then time to up sticks!

  12. WibbleMe

    If you do not get a pay rise to mach inflation then you are getting a pay cut!

  13. EarthDog

    No big surprise

    When I was there not too long ago sales force churn was in the 60%/yr range. You can't have strong sales if you treat the sales force like crap and cause them to leave.

    1. Throatwarbler Mangrove Silver badge
      Thumb Up

      Re: No big surprise

      This. Pre-sales support has become laughable, and even getting questions answered about our license entitlements is damn near impossible.

  14. kezersoze

    Jelly of the month

    Hopefully the bean counters at HPE enrolled all the employees in the Jelly of the Month Club

    1. EarthDog

      Re: Jelly of the month

      At HPE we had free lunches and breakfasts on occasion. Everyone was cooing "oowww free lunch". At which I would point out we had already paid for it with our labor.

  15. jeff_w87

    If HP(E) would build things like they used to (i.e. quality) then they might not be seeing a loss of sales. Even the support has gotten much worse. We had a new server we bought in the last year that came with a bad RAID card. The system had a next business day warranty, but it took two weeks to get it repaired since HP didn't have the replacement parts in stock. Since then, we've been buying Dell hardware and have been very happy with the change.

  16. Cubical Drone

    Reminds me of the old joke...

    A guy is walking in to the office building he works in when his boss drives up in a expensive new car.

    The guy says to the boss, "nice car!"

    The boss replies, "yes, and you know what, if you work really hard, put in a bunch of overtime, and do a real good job, next year, I will get another one."

  17. Anonymous Coward
    Anonymous Coward

    Dissapointing

    I was hoping for a bonus to go with my severance package :(.

    1. Snowy
      Joke

      Re: Dissapointing

      The bonus is you do not have to work for them anymore.

  18. Anonymous Coward
    Anonymous Coward

    Not to worry, I'm sure Meg will get tens of millions of dollars in bonuses for her "stellar" performance.

  19. Stevie Silver badge

    Bah!

    Hehehe, bonus time ... here's the envelope ... just slit it open and pull out the payslip and ... PC Load Letter? What the fuck does that mean?

  20. Anonymous Coward
    Anonymous Coward

    Meg not too phased?

    The final phase perhaps.

    Or fazed.

    1. My-Handle

      Re: Meg not too phased?

      I thought that was a BOFH joke. If she's not phased at the moment, crank up the voltage a notch or two

  21. Frozit

    If you are working at a large Tech company

    and expect to be treated like an employee at a small tech company...

    You deserve what you get.

  22. Anonymous Coward
    Anonymous Coward

    just like the other

    I guess HPE is a lot like IBM then. I've often said your bonus at IBM is that you still have a job.

  23. PaulCharlton

    But will there be a bonus in 2018?

    Tough on the employees. Thoroughly deserved by the management team.

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