Well it happened. We had a meeting at work today. To discuss changes in the compensation and bonus package. We have a salary freeze until at least March 2010 and promotions will only be on a need basis. I know that I am lucky to have a job where there have not yet been any threat of layoffs, but still. I have worked my tail off since the first day I worked there and was totally on track for a promotion to Analyst II this August, and now I get nothing. I have to stay as an Analyst I making the same amount of money that I have made since I was hired. It sucks to have to work so hard just so that you can keep your job. Maxxam was such an inviting company because of all of the incentive programs and possibility for advancement, but now that is all gone. It just stinks.
On a brighter note, we still get our bonus. But this is the last year for that program.
Banksy is Brilliant
10 months ago