I find it challenging to know where to begin. The situation was considerably better before the arrival of our current CEO. We used to receive competitive salary increases that were often aligned with or even exceeded market standards, and everyone was highly motivated. Unfortunately, salary increases have become a thing of the past; no one has received a raise in the last 2 years unless they could demonstrate a better offer from another company.
The company has been on the brink of an IPO for quite some time, yet it hasn't materialized for reasons unknown. When stocks were distributed to employees, the amounts were disappointingly small. Rather than serving as a meaningful incentive, they came across as out of touch with employee expectations, despite management's pride in promoting a sense of shared ownership. It's evident that upper management lacks a true understanding of their workforce, as the majority of employees don't care about the negligible stock distribution.
Over the past two years, the workload has continued to increase, yet it seems higher management remains indifferent to this issue.
A number of talented individuals have departed the company, and others continue to leave. This has significantly affected our company culture and the caliber of our team, as new hires bring a different dynamic, there is a noticeable decline in the quality of work being produced.
