Compensation, compensation, compensation. I've seen swaths of people leave my department because other Utah tech companies have offered up to 40% more in compensation for the same role. Lucid leadership refuses to acknowledge that they pay below market and instead say that they continue to use a compensation research company to help determine salaries. Not convinced that it's working if area tech companies continue to poach Lucidites. Great if you're just starting a career but once your 4-5 years in, it doesn't become worth it anymore. Lucid is starting to appear in the same arena as places like Pluralsight, Qualtrics but the compensation means they aren't recruiting the talent needed to get to that level.
Unfortunately, PTO is quite restrictive for the tech industry. 15 days PTO as a SaaS company with ten years under its belt? Unlimited PTO is standard in many competing tech markets (and in many Utah tech companies).
Most benefits that are touted in response to concerns are focused specifically on parents (which are incredibly important) but considering the young crowd Lucid attracts, it just doesn't cut it.
Grateful the CEO is progressive enough to celebrate Juneteenth and MLK Day but they took away our floating holiday to do so. Essentially, management is getting credit for being progressive while forcing employees to pay for it with a rare day off. A true statement would have been to allow employees to keep their floating holiday and close the company down on holidays celebrating racial justice.
