Last year my teammate got promotion - got quick zoom call with manager who announced him promotion from level 1 to level 2, but with no financial upgrade. What is the sense of giving employees only titles which means more workload for a less money.
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@a6 yeah it's gotten to the point that I know teachers and police officers make way more than long time Oracle employees, especially in the Bay Area.
@ca That’s not how it works at Oracle, once the sham focal is over you’re basically wiped clean and all your efforts for that prior year were pretty much in vain and will not have any bearing on the new year.
That’s how it works for most employees after having gone through this sham focal cycle a few times:
Worker spends the next year pi---d off and starts doing shoddy work, basically doing the bare minimum. This toxic environment permeates and spreads like a cancer in the company affecting employees across the whole company.
The company has not suffered financially enough from these practices because workers still stick around despite being walked all over.
This ties into phenomenon of the “Oracle Doormat Principle” that has been discussed here quite a bit.
Ah yes the classic “Oracle Dry Promotion”.
For such a money hungry greedy company it’s amazing they would do something so insulting to the concept of capitalism right?
More work for the same amount of money??
Actually it makes total sense in economic theory: Karl Marx theorized that under capitalism, worker exploitation is a fundamental process driven by the labor theory of value, where capitalists pay workers wages for their labor power but extract more value from the goods they produce than they are paid for. This "surplus value" is the capitalist's profit, making labor an exploited commodity.
Congrats Oracle you are the modern day poster child to illustrate Marx’s worker exploitation theory, good job!!!!
"...more workload for a less money..."
It's there. It's right there.
Many years ago my wife's manager said he couldn't give her a promotion because he couldn't get her a raise, and she was upset. She'd much rather have the promotion than the money--so don't assume that everyone values salary over title.
Also, by getting a promotion, your salary range changes and when/if there was a raise in the works, the amount is usually affected by where you currently are in the range. So, if you happened to be in the upper quarter of the previous position, but are now in quartile 3 or so of the new one, you'd typically get a bigger raise.
Same here, pathetic culture
HAHA - For the company, it makes plenty of sense, if your teammate is enough of a su---r to go along with it.