I am reposting something from earlier this week that I thought was pretty accurate (although sarcastic). I thought we should re-post the items that someone is clearly trying to bury w/ nonsense posts!
Summary of GP Forum - By US 10yr employee
- Q3 profits, especially U/S and Chemicals will be obscene. A portion of our executives (even lower tier) pay is 'profit sharing', not just RSUs. This is great news for them, as they will rake in significantly more cash than previous years.
- Slightly under 10% attrition IS THE COMPANY PLAN, as we grow out our non-US centers. To not bottom out morale, Houston will continue to pay lip service to employees while HR will keep the salaries capped to drive the necessary resignations. This is the only solution aside from additional layoffs.
- Our executives are so out-of-touch, they literally don't understand employees WFH desires. I can't believe they are that unintelligent to think that 'flex your day' and flexible WFH are the same, so I must assume they are just wildly out-of-touch.
Summary) Prepare yourself fellow coworkers. 2) above is not just a '21 thing. The current stance towards us lower tier employees will be the same for YEARS until we actually need the resignations to level off.