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Thank you for your feedback and for your time spent thus far with TSP! We're very happy to hear your positive feedback with your manager and coworkers, as well as your work/life balance.
The desire for higher pay is something we do hear about, but trust us, we don't ignore it. We do benchmark and market our compensation structures annually; however, many times customers directly influence the pay rates by what they are allowing us to bill them. If we continue to increase an employee's pay year-after-year without increases from the customers to our bill rates, we eventually risk going into the red. Profit margin doesn't even come into the equation – we're talking about a for-profit company essentially functioning as a non-profit where we aren't making any margin. However, to help, we implemented a system late in 2016 that notified managers of their team member who hadn't had their salary revisited in over a year. This led to a record number of employee change forms being submitted and approved, and a little over $1M in merit increases being awarded to our hard-working employees.
Again, we appreciate your feedback and your time thus far with TSP. The feedback we receive – like yours – is heard and taken seriously. Thanks again for being one of our #TSProckstars.