6% + unilateral reduction in compensation - Director Visa Inc. Employee Review

In the face of record profits, leadership reduced annual compensation by more than 6% by discontinuing a popular pension plan. This decision was communicated in a ham-fisted manner which left employees with few answers on why this happened and how. Benefits meetings were cancelled and rescheduled to small rooms which allowed for limited Q&A. It was a jerk move. You need to ask yourself how you will ever be able to trust a team of leaders who get paid 1,000x more than you, when they make moves like this.