When I first started working here, it seems to me that experienced employees were highly valued. I couldn't wait to get the experience myself. Now that I have more experience, I feel unwelcome at PayPal because of it, as I assume, and many others too?
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Employees with the bare minimum skill set regardless of real ability paired with minimum pay are valued. Unless you're management you will be laid off eventually if you're highly paid. Redundancy will always be used as the excuse even when they have no real idea what you do.