Just received notice of departmental changes targeted for 4th quarter. When the news was given it was stated that the years of service on my current team was “impressive”. This makes me wonder if when determining what areas to cut, they take that into consideration - if our average years of service is 20 to 25 years that means more than likely a high average salary with an “older” workforce, likely to retire in 5-8 years. This may be a way to keep younger people with a smaller salary. If anyone could substantiate this it would help those of us looking to leave the department before we get cut or a freeze is put in place.
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I agree with above post. Sadly the lowest paid on my team have been here the longest (several 10+yrs) and highest hired within the last 3 years with least company and industry experience but are younger..., and it's quite a gap.
They definitely take years of service into consideration. The longer you are there the more likely you will be gone.
I had 24 years with exceptional reviews and had built great teams that delivered high visibility work. I believe it truly has impact. For my situation, I was glad it did and came out much better off with another company.
I’m not sure that I believe that years of service necessarily correlates with higher pay. I’ve been working here for over ten years and I talk to folks every once a while who are hired in and some of them are hired in at the salary I make, most of them, even more. This is common in the corporate world and why it is recommended to switch jobs every couple of years.
Don’t ask why I’ve stayed.