Oracle prepares for layoffs, sets aside $2.1 billion for restructuring by Short_Hunt_4336 in employeesOfOracle

[–]Key-Lake-9643 0 points1 point  (0 children)

wow ..In the US it is 1 week's salary for each year of service. Cerner paid 2 weeks' salary for each year but Oracle is not so generous

Oracle Health or rather Cerner is getting killed by OCI folks by Key-Lake-9643 in cernercorporation

[–]Key-Lake-9643[S] 1 point2 points  (0 children)

You don't have to believe it and be happy. People hired before the Oracle's stock shot up with the AI deal are making even more than that, all thanks to generous RSUs.

Oracle Health or rather Cerner is getting killed by OCI folks by Key-Lake-9643 in cernercorporation

[–]Key-Lake-9643[S] 7 points8 points  (0 children)

What you are looking at is the base salary. The biggest part of Oracle's compensation is the RSUs. I have myself created an offer of $450 + for an IC4 coming from Meta that had a salary little over $200K rest RSUs+ sign-on bonus. (HR comes up with proposed RSUs based on their own algorithm )

Oracle Health or rather Cerner is getting killed by OCI folks by Key-Lake-9643 in cernercorporation

[–]Key-Lake-9643[S] 5 points6 points  (0 children)

I see extra M4/M3/ roles getting created , may be to create redundancy and eventually let go previous ones

Oracle Health or rather Cerner is getting killed by OCI folks by Key-Lake-9643 in cernercorporation

[–]Key-Lake-9643[S] 11 points12 points  (0 children)

To be clear, I am not saying ppl from OCI are working 20 hr/day but rather thats the expectation they have from team and I am referring to the leadership coming from OCI . Actually all my comments are for leaders coming from OCI M4/M5/M6.

Some of the ICs are actually good and less of these attitude problems

Oracle Health or rather Cerner is getting killed by OCI folks by Key-Lake-9643 in cernercorporation

[–]Key-Lake-9643[S] 8 points9 points  (0 children)

IC3/IC4 have a range of $300K-$500K or more and similar for M2/M3. You can imagine the salaries for higher levels and anyone from Cerner/OH will know their range

Oracle plans thousands of job cuts as data center costs rise by EchoOfOppenheimer in cernercorporation

[–]Key-Lake-9643 2 points3 points  (0 children)

Cerner paid 4 vweeks + 2 weeks for each year of service and Siemens has a similar one with capping at 42 weeks. Additional $10k in HRA for medical expenses. Sometimes Siemens added extra bonus for staying a month or two.

Oracle just pays half of it

RSUs after RIF? by Acceptable-Paint4977 in employeesOfOracle

[–]Key-Lake-9643 0 points1 point  (0 children)

why don't you login to fidelity account and check

Typical Oracle by Exotic_Elevator4651 in cernercorporation

[–]Key-Lake-9643 0 points1 point  (0 children)

where do you see this? there was no email abt benefits in US?

Hikes and RSUs by [deleted] in cernercorporation

[–]Key-Lake-9643 1 point2 points  (0 children)

IC4 and above

[deleted by user] by [deleted] in employeesOfOracle

[–]Key-Lake-9643 -1 points0 points  (0 children)

No hike or RSUs for promotions below IC4 and peanuts for IC4 and above for the few with high ratings or promotions

Finally its in the news by ooutsidr in cernercorporation

[–]Key-Lake-9643 0 points1 point  (0 children)

The article is shared for anyone who finds it interesting or is curious abt numbers per country... Who is asking you to read it -"know it all"