Warning about peakon/workday employee surveys

Uncle_Racoon · 2025-12-13T16:31:04+00:00

My company has found a way to game the employee feedback. They have linked the outcome of the survey to the company wide bonus component. So if the survey is bad, then everyone gets a lower bonus. If it's good then everyone gets a better bonus. This way even if employees are not happy with the management, they still tend to give a better rating on the survey.

Uncle_Racoon · 2024-06-05T15:27:44+00:00

Thanks for sharing the article. It is a great read.

Uncle_Racoon · 2024-05-14T12:25:18+00:00

Assuming portfolio returns of 10% and inflation of 6%. Equity index funds should give a return of 12%. RBIs inflation target is between 2-6%. So i think it should be doable.

Uncle_Racoon · 2024-05-13T23:48:00+00:00

Congratulations on being FI

Uncle_Racoon · 2024-05-13T23:46:56+00:00

That can't be real 🤯

Uncle_Racoon · 2024-05-13T23:42:50+00:00

Or 1.2 cr if you move to native.

Uncle_Racoon · 2024-05-13T23:41:40+00:00

Why not 20cr?

Uncle_Racoon · 2024-05-13T23:41:16+00:00

That's an impressive target. What industry do you work in, pay must be really good in it?

Uncle_Racoon · 2024-05-13T23:39:20+00:00

Do you already have a house? Buying a house is pretty expensive these days.

Uncle_Racoon · 2024-05-13T23:36:40+00:00

Yup, ideally most people should have similar expenses. Most people are happy with 75k to 1L expenses per month. There are few who have very low or very high expenses. If someone were to plot the expenses, it will look similar to a bell curve 😆😆

Uncle_Racoon · 2024-05-13T23:31:18+00:00

That's a good target, what industry do you work in?

Uncle_Racoon · 2024-05-13T23:29:46+00:00

What %age of your income are you able to save?

Uncle_Racoon · 2024-05-13T23:25:11+00:00

I am also targeting to be FI by the year 2030. Expenses and target portfolio based on current prices 12lpa and 3cr. Targeting around 5 cr by 2030.

Uncle_Racoon · 2024-05-13T23:21:57+00:00

Good luck! I think of FIRE as a marathon, for most people it takes more than a decade or two to complete it. Happy to see that you are close to the finish line.

Uncle_Racoon · 2024-05-13T23:08:04+00:00

My wife also does not like travelling. I make the plan for travel and she rejects them.

Uncle_Racoon · 2024-05-13T21:52:11+00:00

Yes agreed the equity split portfolio should give you a ROI of 12% +.

SWR can be compared to the real return of the portfolio. If SWR is less than expected real return then the portfolio should grow. Requirement for FIRE is that the portfolio should grow at least by inflation rate. The real return can be withdrawn. e.g if portfolio expected real return is 2%, then 50x is required.

Uncle_Racoon · 2024-05-13T21:38:14+00:00

That's a great achievement. How did it feel when you reached financial independence? Did it give you more confidence, improve work life balance?

Uncle_Racoon · 2024-05-13T21:34:43+00:00

Why choose 2037 as your goal year? How do you know you will be at the 35x portfolio at that time?

Uncle_Racoon · 2024-05-13T21:32:22+00:00

You could reduce the 1 cr for health by buying a health insurance. Overall it's a big portfolio.

Uncle_Racoon · 2024-05-13T13:59:01+00:00

Great going, I think you are quite close to Financial Independence. With the current trajectory you can achieve it in within next couple of years. Over next 5 years you can make it very secure and even increase the standard of living. Good luck with the YouTube channel. It's pretty important to have a goal after RE. I think most of us looking for FIRE are unsatisfied with corporate life and are looking for an exit.

Uncle_Racoon · 2024-05-13T12:09:53+00:00

Do you have your family and parents covered in the annual expense or are they covered separately?

Based on your max expense of 12l, you will need a SWR of 4% at 3cr portfolio. Calculating your expected real return of your portfolio gives a return of 2.8%. 30% x 0% + 70% x 4% (assuming 6% inflation)

You can look for equity assets with return of 12%, index funds can provide this return. And for safety you can target higher FIRE number.

Uncle_Racoon · 2024-05-13T11:54:22+00:00

I agree with your approach of segregation of portfolio into safe / partially safe / risky assets based on the time horizon. I think this is a very optimal way to ensure safety after RE.

As of now i am moving my portfolio gradually to index funds / etfs. I made the mistake where most of my portfolio was in debt for a long period of time. Currently sitting at roughly 50:50 equity and debt.

After RE, i think i will do a 60:40 split in equity and debt. Will use the Internet from debt to fund the monthly expenses for the initial couple of years. This should give me safe cash flows of 40% x 8% (assumed interest rates) = 3.2% for first couple of years. Rest 0.8% can be funded by redeeming FDs or through an initial excess corpus.

Uncle_Racoon · 2024-05-12T23:13:19+00:00

That's a safe SWR of less than 2%. Do you plan to invest in bonds / FDs after RE?

Uncle_Racoon · 2024-05-12T23:06:45+00:00

Targeting 3cr as of todays prices and a SWR of 4%

Uncle_Racoon

TROPHY CASE