I am hugely disappointed by this companies unwillingness to raise the bar for salaries, and the bar for the talent we accept as well, all the while touting huge financial growth numbers at meetings, and refusing to pass the direct effect of that on to the employees.
The fact that immediate management has very little say over the compensation (reward for effort) put forth is infuriating. It truly is a numbers game, with an abundance of penny pinching in place. We've been told again and again that it's not a numbers game, but the fact that any employee here could point out people who have worked very hard, and people who have worked very little, or done poor quality work, and been rewarded the same speaks for itself. Give direct managers control over their employees, and either trust them, or replace them. Give them reign to reward truly valuable employees, and stop saying that every manager would give every employee a '1' on their performance if they could. If that's true they don't understand management and shouldn't be in that position. It's not an excuse, it's just poor management if it's true.
A significant bump in the baseline of pay to reflect cost of living in Bedford (Telling people to commute further to save on rent is an UNACCEPTABLE response. People who accept a position with certain costs of living, convenience of location, etc. expect those to be maintained, or if not, compensated for when the company makes a move to benefit itself). I believe the R&D department will struggle to retain/acquire worthwhile talent unless salary takes a big bump up (15%), and revisit benefits while you're at it too. Make this company one which the benefits are great, and enable the employees to reach life goals, not a penny pinching stepping stone that people pass through on the way to a career. Entry level positions in the greater Boston area, especially the more affluent areas around it, begin at around 75k, more than I make with this company after more than a year with them, and prior industry experience.
Neither myself, nor anyone I know is satisfied with the way the move has been handled, the salary, or the disposition of the company with a lack of straight answers for straight questions. It's not the lowest rung on the ladder, but for a company which is leading its sector and dominating its competitors, I expect MUCH MUCH more.
