It was a rest and vest company. Now it’s a rest and vest company trying to pivot and act like a start up but all the senior managers and mid level managers are still resting and vesting.
Talent never really matter in terms of new hire. They just had to look good on paper and know what corporate buzzwords and catch phrases to say to get in. Then it’s all about pleasing managers to get good end of year reviews.
How do you expect to attract top talent when there’s no career progression in this economy and the only thing they can see are letter grades continue to get promoted and taking expat packages moving to new jobs when they have spent less than 3 years in their current job? They’re told by their managers to “hang in there” and “your time will come” but what they really hear is “No. We won’t let you progress because of (insert BS reason here)”
They crave the old days when there were more expat opportunities and opportunities to travel and work in other countries. Now all they get is the older generation telling them how great it was “back in the day”. I get sick everytime I hear some manager talk about that time they had a role in The Hague or Alberta or Singapore or Qatar and how it was a great experience.