The money used to make the stress worth it but weak raises ki-led that advantage years ago. Now there's no path up, no relief in sight, and I'm starting to feel like an id--t for still being here.
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The company counts on people who have no other options. No other prospects. They're not worried about pay raises that don't keep up with inflation and they don't care about sub par health insurance for employees. They have you all locked in.
They are paying you just enough to not make you leave.. in their mind.
Don't stress. Just do the bare minimum not to get fired or "meet expectations."
Put yourself out there for new roles in other better companies. Apply for jobs during your breaks. Just don't use company equipment where they can track you.
Treat L3H and your paychecks an "investor" in your future so you can "increase your shareholder value" for yourself and your family.
Just remember God and your family love you always.
GOD BLESS YOU!
Take a lot at "leadership" background of the executives and the board. Good luck finding engineers and innovators. Its nearly all lawyers, accountants, hedge funders, and people from operations companies making tires, windows, doors, and air conditioners. Power companies, and airline operations rounds it out.
High Tech, defense, aerospace, or any trusted disruptors? Nope.
Now you see why things continue to operate the way they do. Might as well go back to building a printing press. Build to print of course.
Everything is run to improve books for sale, spinoff, or partnership.
@af I tend to believe that all of this is by design so other sources can look better on paper than they really are (224).
The company will depend on the people that can't leave.
Like always.
@OP how much salary you making on an annual basis !
@ad I've worked three decades in the engineering/manufacturing field and never had this low cost-of-living increases so miserly other than in 2008-2010. When VPs are directly asked at town hall about it they brush it off like a French noble telling us to eat cake.
It's like they want the business to fail. Maybe a hedge or to spin something off to a buddy. Or. They're stupid.
@ac Board likes lower salaries looks, better on the balance sheet. The (small). raises aren't that much different than other big companies Ive been at. The constant churn of management, and hostile upper management, has been off the charts. Glad I left.
Honestly, the market should be concerned with how little the board is compensating for inflation. It's a terrible long term strategy, you're going to lose valuable people to attrition and ki-l future business wins through decline in quality and missed delivery dates.
This behavior should spook stock brokers that manage large portfolios for things like mutual funds and indexes.
Replace the board.
Same.
Then start applying elsewhere. Guess what I just did on one of my ergonomic breaks.