So many coworkers I speak with are so unhappy with salaries here. Enbridge states their salaries are market based is absolutely not matched for most positions in the industry.
After 3% pay cut in 2020 when times were bad, but when things turned good that 3% never came back.
The cost of living since then has increased by over 15% and low annual increases have upset many good employees to the point of leaving. And many have left already.
With unmatched market pay and poor increases the option for most, at the very least is leave to where the pay is higher.
Integrity and Respect are they just words?
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The company is expecting a short term revenue drop in the cash cow that pays the dividend. It will take the risk on employee dissatisfaction (always has) because people quitting is the easiest way to cut staff. ENB is big enough that no one is irreplaceable and someone will be able to pick up the slack. Don’t expect COLA ever. You’ll only get it by job jumping.
- 8 to 3.8 for standard
The merit budget allocated to People Leaders this year was 4%, per employee.
Every year, same posts. The voluntary exodus never happens. Why? Because even without a bump at all, we are still paid well.
I would never count on COLA. it's just not how they (execs) relate to the typical worker. They make so much money they don't see how inflation has impacted the vast majority of employees. Praise doesn't pay the bills. A "high performer" rating doesn't pay the bills. We need a higher salary, NOW.
The company doesn’t see it as cost of living. They see it as cost of labour. Ironically the cost of labour goes up but they don’t keep up
I hope they add COLA as well but I’m not holding my breath on that. And considering they want to get rid of a sizable portion of the workforce in the coming months I bet they won’t be upset if anybody leaves over it.
Executives seem to only prioritize market cap and the stock prices. Sadly, seldom are companies people focused anymore