Taking steps backward - Analytics Engineer Health Catalyst Employee Review

This feedback speaks to the post COVID era of the company. Like many companies this was a difficult time for the company which unfortunately included reductions in workforce. Since this time base compensation raises were either skipped or delayed. For individual contributors bonuses were removed from compensation package (in the name of raising base compensation - more comments to follow). Additionally, stock is no longer part of the compensation package for individual contributors. Fitness dollars were cut in half and the internal recognition platform which allowed recognition to include a small amount of money was cut so severely it's no longer used by many at the company. In 2024 a division of the company went through a significant change to roles and re-leveling of the employees within the division. As an employee that went through this restructure of job titles and job levels I am only able to comment how this impacted me. The company uses an independent service to set base compensation levels which was performed for the job title and re-leveling process. Unfortunately, due to the delay and missed raises post COVID, it is clear the company is paying significantly below the market they chose to set. This was a choice the company made. Now many, including myself are being paid 15% + below the market level the company came up with. There is no timeframe for paying employees at the market rate they communicated. This is also after each employee was provided a minimum of a 5% raise at the end of 2024. Lastly, the company also announced significant increases to the benefits package this fall. They chose to supplement with certain services (which is good on paper and makes leadership appear good) however, these services have limited availability in certain areas of the country and unfortunately were no longer viable for me or my family. The benefits are no longer above the pack and are more so/so middle of the pack. Communication of the significance of the benefits changes was beyond poor and really frustrating. In summary, many compensation related changes have been made taking things away from employees all in the name of base compensation being most important for individual contributors. Following a small raise, job title changes, re-leveling, employees have the potential of being paid 15% + below the market rate the company has set with no communication on how long they are willingly paying employees below market.