The company seems willing to bring back older employees, but only at a pay cut. A former coworker applied and was basically offered his old role from about a year ago (he was laid off), just with much lower pay. Unfortunately, he’s thinking about taking it since his current job is even worse and pays less. It’s hard not to feel humiliated by how this all plays out, and it makes me hate this place even more.
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@rv Agreed. The way I say it though: The market sets what the employee is paid. Love it or hate it. If the company can't stay profitable, then everyone is looking for a job.
It's like hiring off shore - In one hand it hurts Americans because those could be American jobs, but when the competition is doing it, you really have no choice. The same reason Walmart is doing self checkout - they have to if they're going to compete with Amazon (where we ALL use self checkout).
I know how annoying that can be.
I don't want to defend this, but here's another perspective - something I've learned by being in a managerial role. There are plenty of people who have been with company for 20-30 years. They rightfully have received 2-3% raises over time without promotion as they're happy doing what they do. Some of the lower/entry level positions are making more or about the same as manager and senior manager positions. In the past, backfill new req for a lower level was approved for abt half of the experienced/lower level team members' salary. So I'm the end, you have to pick lesser of the two evils. 1. Managers who tend do more work (the ones I know do), have more responsibilities, have better skills for the job, and are high performers getting paid less than their team members who have years of experience with less but adequate level of skills for their role or 2. rehiring those experienced employees at a lower base (hopefully at market).
I know not all managers are hardworking and top performer and not all lower level employees lack skills. But this is from a general perspective- ideally, managers should get paid more than people that are 2-3 levels below them.