Mar 20, 2023
Backstop Solutions Response
3yThank you for the constructive feedback. We are sorry to hear that this is how you felt as it was not our intention. Sounds like you were transferred when the recession was building force which can make out-of-cycle incentive compensation, such as bonuses, a challenge. What you may not know is that the bonus payouts schedule changed companywide so you still may see incentive compensation in Q2 unless you already received it, as some of the transfers got payouts in Q1 in their new roles. Fortunately you were transferred without a laps in service or paychecks which are both pluses. To your comment on compensation, we have gone through great lengths and investment in analytics to build a foundation of wage equity within our walls. Our data shows that our compensation is extremely competitive within the Chicago market. One lasting side effect of the Great Resignation was exaggerated and unsustainable wage increases used to entice job seekers and that snapshot of time could be the culprit in how compensation is perceived. At the end of the day we are glad you transferred within the organization and hope you are taking an active role in making yourself and your new team successful.