Thread regarding Citigroup Inc. / Citibank / Citi layoffs

Citi wage shortcoming galore. Management needs to wake up.

If you have to pay more to hire new employees that means the market has gone up and your current employees need a raise to match.

Don't punish loyal employees for sticking with you by allowing their compensation to fall behind the market.

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Post ID: @OP+1gIkifL3

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This company seems to have their act together on looking out for their people.

https://www-geekwire-com.cdn.ampproject.org/c/s/www.geekwire.com/2022/satya-nadella-details-microsoft-plan-for-significant-additional-investment-in-employee-compensation/amp/

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Post ID: @5isk+1gIkifL3

It’s hard to raise wages when you’re constantly paying fines or giving money away to the wrong people.

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Post ID: @3rpw+1gIkifL3

In USCD they gave a market raise increase at YE. Junior bankers also got about a 25k increase. So there is some acknowledgement of salary hikes needed.

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Post ID: @3qve+1gIkifL3

And managers wonder why there is no company loyalty.

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Post ID: @2qts+1gIkifL3

This is why they don't want you talking about salaries. Everybody needs to compare what they are making with others in the same position.

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Post ID: @fmw+1gIkifL3

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