Disenchanted
New Member
After twenty-seven years I never thought I would see the day that my performance review score would be “outstanding” and then be told that I would not receive a pay raise due being above the maximum for the new pay banding structure. Based upon where I fall, it is unlikely that I will see an increase for another two years. All the while pay banding was billed as a way to reward high performers. IMHO, it is only a way to reduce and control payroll costs and begin to drive out the more experienced and higher paid managers. It certainly did not reward this high performer.
The last eight years I have been on the imaginary “ready now” list, but somehow opportunities never materialize. I have been through the cost cuts and freezes, downsizings and everything else that senior management wants to say to justify cutting costs on the backs of middle management while on the other side reaping vast wage hikes to put in their own pockets. Most of us still kept working hard and going the extra mile, because at least we got something extra in our checks, no matter the size and because we were loyal to the company.
The partnership concept left in 1999, the benefits are reduced and out-of-pocket costs increase on an annual basis, and now, in 2012, loyalty was thrown out with the bath water. I have never seen moral so low, not even after the 1997 work stoppage. They have hired new management people who are leaving in droves as they see the writing on the wall. The new marketing department structure has not been a success as they changed the worker bees, but left the same old idea starved senior management in place.
This is a sad day for all. Our great founder and visionary would never have treated employees in this manner, and is probably rolling over in his grave. “People are our greatest asset” is a slogan with an empty promise to those inside the company. It just plays well for the outsiders and the press.
Alas, I have a few more years before I can unshackle the handcuffs, but as soon as I am eligible, I will be gone. Unfortunately, I still need to work to put a couple of kids through school, so some lucky company is going to get a great employee who will help them make money hand-over-fist and rekindle my loyalty. This company will lose out on my expertise, experience, my work ethic, my loyalty and the thousands of dollars they have spent to train me and relocate me throughout the years.
What a shame to punish those who have been so loyal and hardworking through the years; the true partners. On a lighter note, our favorite PAC will receive a donation equaling five times my 2012 annual salary increase. It has been a good ride, but the jig is up and so are the 60 hour work weeks, the weekends, the holidays, the evenings, missing the kids sporting events, birthdays, anniversaries and alas my loyalty. Loyalty is dead and I will begin to show the same loyalty that has been shown to me.
This is not the company I grew up with... RIP Loyalty...
The last eight years I have been on the imaginary “ready now” list, but somehow opportunities never materialize. I have been through the cost cuts and freezes, downsizings and everything else that senior management wants to say to justify cutting costs on the backs of middle management while on the other side reaping vast wage hikes to put in their own pockets. Most of us still kept working hard and going the extra mile, because at least we got something extra in our checks, no matter the size and because we were loyal to the company.
The partnership concept left in 1999, the benefits are reduced and out-of-pocket costs increase on an annual basis, and now, in 2012, loyalty was thrown out with the bath water. I have never seen moral so low, not even after the 1997 work stoppage. They have hired new management people who are leaving in droves as they see the writing on the wall. The new marketing department structure has not been a success as they changed the worker bees, but left the same old idea starved senior management in place.
This is a sad day for all. Our great founder and visionary would never have treated employees in this manner, and is probably rolling over in his grave. “People are our greatest asset” is a slogan with an empty promise to those inside the company. It just plays well for the outsiders and the press.
Alas, I have a few more years before I can unshackle the handcuffs, but as soon as I am eligible, I will be gone. Unfortunately, I still need to work to put a couple of kids through school, so some lucky company is going to get a great employee who will help them make money hand-over-fist and rekindle my loyalty. This company will lose out on my expertise, experience, my work ethic, my loyalty and the thousands of dollars they have spent to train me and relocate me throughout the years.
What a shame to punish those who have been so loyal and hardworking through the years; the true partners. On a lighter note, our favorite PAC will receive a donation equaling five times my 2012 annual salary increase. It has been a good ride, but the jig is up and so are the 60 hour work weeks, the weekends, the holidays, the evenings, missing the kids sporting events, birthdays, anniversaries and alas my loyalty. Loyalty is dead and I will begin to show the same loyalty that has been shown to me.
This is not the company I grew up with... RIP Loyalty...