My Company Has a Humiliating Way of Sharing Annual Bonuses. I Dread It Every Year.
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My Company Has a Humiliating Way of Sharing Annual Bonuses. I Dread It Every Year.
"Since new leadership took over five years ago, I've received smaller and smaller bonuses and a cumulative 2 percent increase to my salary (well below the rate of inflation). I've also had progressively worse and more expensive health insurance. Meanwhile, I am required to take on additional responsibilities. I consistently receive stellar performance reviews from the superiors with whom I work directly. From speaking with my coworkers, I gather they are mostly in the same position."
"I'm staring down another video call in which I'll inevitably be told something like, "You've had a great year, I know how hard you're working, and by the way, your bonus is going to be $30 and this bag of leftover Halloween candy, while your salary increase will be One Hundred Whole Dollars Annually." And then I am supposed to say...something. If I say nothing, they ask if I have any comments. What are they even looking for here?"
The firm appears on local "Best Places to Work" lists despite poor employee treatment. Supervisors schedule an annual video "compensation call" to announce bonuses and raises, often delivered by managers with little contact. Since new leadership took over five years ago, bonuses have decreased and cumulative salary increases total only two percent, below inflation. Health insurance has become worse and more expensive while employees absorb additional responsibilities. Direct supervisors give stellar performance reviews and coworkers report similar experiences. Employees feel disgusted by leadership's handling of compensation and are unsure how to respond during the calls.
Read at Slate Magazine
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