I used to be under impression that I was working for myself, for my future and the future of this company as well. Today I have a feeling that I am working so the leadership can get greater bonuses. Who can stay motivated when they know they are working for the bunch of greedy top dogs? I don't have motivation to even do bare minimum anymore.
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The best way to improve your salary is to change employers
Emerson gave no one raises in 2020 then said financial results were better than feared, or even good, but did they give higher raises in 2021? No. Raises are typically around the 2.8 inflation rate so unless promoted there is no getting ahead financially, in the best of times, but skipping a raise for a year makes it worse. Someone more senior told me they also did that 0% raise back in 2008. With inflation now at 7% will Emerson give 7% raises? Probably not, but rather the 2.8% that is typical. So everyone falls behind financially and then I fear the real exodus begins.
It’s w we easy to work for Emerson. It’s hard to become a better engineer or coder because they do the same things every year.
It’s a great place to take an “In-Cube sabbatical “. I did nothing for three months and nobody noticed.
I got “Exceeds Expectations” then no pay raise two years ago. They followed up the next year with 2.x. That’s when I stopped telling recruiters that I had a good job. I replaced Emerson a week later.
Many who receive an “Exceeds Expectations” on their annual performance evaluation still get a 2.8 - 3% raise, and you’re supposed to be grateful. Millions spent on building upgrades to “entice” employees to come back to the office and improve employee satisfaction, but no change to the decades-old bare minimum salary increases.
Above 2.8-3 is for top performers and severely underpaid.
Is the 2.8-3% still a thing for those seeing their annual bump lately? Historically that seems to be the norm, but didn't know if they upped it given inflation and the labor market.
As a previous post mentioned, we get 2.8% raises when the leadership makes money that they can notice. This is how it has always been, but the current economy pulls back the curtains and exposes how the system really works. You’re a number here, and the last few years have proved that. Big Emerson doesn’t care about you and at one time I would have argued against that point. It’s sad, but that’s reality with this company. With inflation rising like it has and will continue to be, you will get your 2.8-3% raise next year and you either have to “thank” your manager or find a different job. It’s sad but true unfortunately.
You mean they don’t get the same 2.8% annual salary increases we do (when the raises aren’t suspended)?
That’s why I left.