I can't believe that the leadership still doesn't realize that it will hurt this company in the long run if they don't give the employees proper raises to keep up with inflation.
Have you given up hopes that we will be paid adequately?
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@phillipsconoco - Good gracious! Did you copy and paste that straight out of the boomer playbook? Sounded like my dad.
Old timer here. Getting a few laughs. I started in 81. Went through more down cycles than you can imagine. I was commited to job and the person I complained to was my boss [whoever that was at the time] and kept on doing my best. Went from a clerk to a Superintendent. You don't have to be a brown-noser to get ahead, you just need the ba--s to stand up for yourself and quit whining. Only those few that look longterm are worth keeping. I retired at 57 and believe me I never WORKED only an 8 hour day.
Not a terrible gig to ride this gravy train into the sunset. With the new arcade, there's plenty to do around here to fill the hours in the day. There's much worse places to go to retire. Just keep the VCIP and annual increases flowing.
Luckily, I do believe in providing energy for the world or I wouldn't even waste the time wasting time around here!
There’s a reason so many smart, ambitious people leave this joint. Don’t wait around too long before taking the plunge to a better place. You’ll wind up just as bitter and useless as the long timers around here.
10%+ is standard .. . its been a few years since I have done a market check but back in 2015-19 I was getting offers to go to the smaller independents and they would pay a premium to lure folks from majors.
I am not looking to start over at a new company, but that option is out there for those who don't mind restarting their network.
Point being, companies should pay to keep the talent they have, not incentivize inefficient job hopping, and thus more training. Maybe in addition to SGL and annual merit increases, have job anniversary either bonuses or increases (I would prefer an increase as that compounds over time). Say after each 5 year increment, you get an additional 5%?
HR should get creative, though I dont see much out of that dpmt other than reactionary actions.
I have not seen that place that would offer me 10-20% up, if comparing with similar type company.
Yes I have given up hope.
If the company can't see that their employees took pay cuts on a year of record revenues and FCF. . . . . then they are severely misguided. A question needs to be asked directly to be addressed during a townhall about annual increase vs inflation. You shouldn't have to leave the company to get a proper pay increase, yet that is what often times happens in this industry. People company hop to increase their salaries 15-20% instead of getting paid to stay put. It is a problem to misvalue current employees while giving high salaries to new comers.