I echo the sentiments of a lot of people in this thread, aside from the frustrations I expressed in my previous post the one thing that I mentioned that has compelled me to leave my current employer was the change in the pay plan. I had been moved and was working in a pretty terrific position from April to September this year but the bottom was slowly falling out and I was asked to switch into another position due to it being a very critical position that they needed to have filled immediately by someone with my level of expertise as well as by someone who could produce like I could. I received one week's worth of training from the person I was replacing, who left for the same reasons that I am now leaving for, and after that week I was given the new pay plan that has effectively reduced my pay to half or less than what I was earning in my previous position.
My pay with this company and others like it that I have worked at before has been entirely dependent on producing intended results and the more you produce the more you get paid. I have always been on of the top producers if not the top producer in every company I have worked for. What they changed with the most recent plan is that they created a bonus structure that is based entirely on circumstances that I have no control over and also altered the criteria to either make it as difficult as possible to qualify for a bonus or base it on exceeding expectations that our business simply has no ability to generate except under absolute peak business circumstances.
FWIW, calendar year 2020 was peak business for this company and the COVID lockdown was the best thing that ever happened for this company and caused our business to boom in ways no one could have ever anticipated or even dreamed. Our management is arrogant enough to believe in their own BS that those circumstances had nothing to do with anything and they brag about the "fact" (a fact according to them) that they were responsible for the boom in business. Our GM bragged about how we've even made in excess of one million dollars more in the first six months of this year versus last year, but none of that money is being used to pay anyone any better other than our GM and business owner.
So the lockdown begins and the business experiences 18 straight months of record profits, once that ends everyone gets a major pay cut and the best employees begin a mass exodus. Now to get a bonus you must produce to the point of exceeding those record months right as we're experiencing the biggest downturn in business that we've seen in 3 years. This is all while being short staffed and expected to carry the workload of multiple people and having to go out of your way to take responsibility for your co-workers who are too inept or lazy or both to get done what they're expected to do lest it severely impacts you and makes your work life worse.
That's what happened at my company.
Enter CVD in March 2020; everyone who can be is sent to work from home. It's a major adjustment for all. Our annual 2020 rasies (April each year) were frozen, even though 2019 was a good year. But our entire enginerring group, and my sub-group in particular, excel wildly past anyone's expectations and goals. For 2020, my personal work group not only met the annual goals, but surpassed them heartily, and I was at the top of the list. And the corportate proffits were outstanding in 2020; a record year. Yet in April 2021 (our annual group raises for the 2020 year), the money passed out for merit raises was paltry (not even up to the level of inflation, so we "lost" in our standard of living).
In 2021, we were breaking through barriers and exceeding goals again. And while the raises for this year won't come until April 2022, it's unlikely they will do any better for the employees. I have a friend who is highly placed in the company and he privately told me that he's heard 2022 raises (based on this year) are planned to be frozen again, even though 2021 is also on pace to be a record year! Though with the massive loss of labor, quitting in droves, they may rethink this. But it'll be too little, too late. The hemorraging is taking it's toll and there's no way to fix it this late in the game.
I don't understand what's happened to our employement landscape in America these days. Seems like hard work, merit and ability, earned experience are all eschewed for whatever it cheaper. Back in 1990, when I hired into Ford, it was presumed that if you worked hard and did a good job and kept your nose clean, you'd excel and have a career for life. But by 2000, that mindset was gone. Companies quit being loyoal to employees, and so employees stopped being loyal to companies. The ONLY way to get a significant raise in compensation in large companies now is to either get a major promotion, or leave and work elsewhere. Whatever happened to encoraging people to climb the ladder from within? What happened to developing talent inside? What happened to rewarding merit and ability?
As I said, I just up and quit. I have the money to retire early (I'm 57). But I was wanting and willing to work another 10 years because my wife is much younger than I am, and I wanted to retire with her. I left because they continued to dump on all employees and gave terrible merit raises (if any at all). I was willing to do the work, but not work under the ever worsening conditions. And so, arrogance aside, they lost a very good employee. Right now I don't plan to re-enter the workforce, but if I do, I'm going to demand a eye-popping salary knowing that whereever I go, it won't grow much at all in my last 7-10 years of work. You gotta get the money when you walk in the door, because you'll get screwed after that.