10y
If I thought your comments were even 10% accurate, I would be deeply alarmed. Thoughtful constructive feedback is deeply valued as it makes us reflect on what we are doing right and wrong and leads us to be a better company. I suspect you have some legitimate points that would help us make Zayo stronger, but they are masked in a grossly inaccurate portrayal of Zayo as a whole. The most misleading is “Do not count on bonuses or stock as part of your pay”. Compensation is comprised of base salary, bonuses (ICC), RSUs and benefits. We use equity (which is shared with all employees), quarterly cash bonus (all employees), and promotions (every quarter) to reward performance. Zayo, as a whole, must earn its bonus and RSU pool each quarter. It is, by design, at risk. Teams and individual employees must also earn their portion, and each quarter they have the opportunity to do so. This is not a secret, as it is discussed frequently. While the ICC and RSU component are based on company performance (to create a partnership between investors and employees), your comments about the payout are not accurate. Though at risk, the pool has paid out every quarter. The payout level is sometimes below 100% & sometimes above. Your payout, judging solely from your post (as I know not who you are) was probably far less than the average; perhaps it was even zero. If so, this was because your line of mgmt had a different view of your contributions than you did. We are far from perfect, & perhaps mgmt improvements are needed in your area. I doubt the experience with your manager and team (as you characterized it) is not representative of the way Zayo does business. I have personally received many comments about strong managers and positive working relationships. If you’re unable to work directly with your manager on the issues you raise, please talk with that person’s manager or PCG on how resolve your situation. We don’t tolerate incompetent management, lack of integrity or hostility in the workplace. Generalizing your experiences to all of Zayo is unfair to your colleagues, as they have and are building a great company that does incredible job for customers and investors -- & creates high paying secure jobs for multiple thousands of individuals and their families. Most employees appreciate our Boulder location with its collaborative workspace with access to restaurants, retail and services right outside our front door or nearby. Most consider our Boulder office -- with the great views and wrap-around decks -- to be a great benefit in itself. We choose to put our money toward benefits that deliver value to employees and their families, including a 401K plan, health care benefits, paid parental leave and PTO, which we recently enhanced.