More people quit our department immediately after bonuses this year than ever before! Of course they will not be able to hire folks to replace their years of knowledge, especially with the low pay being offered to new empoyees. The question is why are so many people quitting? A lot of reasons are evident in upper management and the rating system but I think the biggest is low merit increases year after year combined with almost no promotions being allowed. People have to leave to keep up with inflation no matter how good of an employee they are, their extensive knowledge or their substantial contributions. It goes unrecognized to hang around long term. It was not always like this but it is now and that is why so many people are finding better opportunities elsewhere.
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The strategy people work on the business plan. It is a lot of words and not understandable. Jibberish. I found mistakes in it. That is how little they care about it. If they are working on an acquisition they will mess over our people.
Because they aren't keeping up with inflation and with the yearly finding season starting with all the better opportunities out there...sad...it used to be a good place to work...that is no longer the case...so options either stay in a bad situation or go get better for yourself...reduce stress and increase money...yes please..run forest run....
Agreed! If HCSC really wants employee retention they would give 4% to 6% raises minimum to keep seasoned employees. Unless they are prepping for a merger and just bleeding us dry...what would be the reason they would not? Maybe the head of Acquisition and Mergers could shed some light on this....oh right..we never hear from them except when they were hired for a big salary and are still here, working in the shadows.
The merit increases were insulting (again). They have raised the minimum and maximum for my pay grade the last few years by 5% per year, while giving the current employees nowhere near that much of a raise. Couple that with inflation and the added costs on employees returning to office, what is the incentive to stay?