2.0
Sep 5, 2024
Caps promotional raises and stunts merit raises
Anonymous employee
Current employee, more than 5 years
Recommend
CEO approval
Business Outlook
Pros
There are plenty of opportunities to make a name for yourself as there are many areas in need of process improvement and integration between newly acquired companies.
Cons
Growing within the company stunts your pay. They cap internal raises for promotions, even if you move into a role that makes double your salary. This leave huge pay gaps amongst coworkers that do the same work. They also stunt merit raises due to “tightening the purse strings” as they push to acquire more companies.
