The Pension benefit was good, but taking a 6% paycut for a company who is still grossing $2 Billion last quarter is still a slap in the face to its core workers for a company that wants to be "The Employer of Choice!"
Trying to get advancement is basically impossible. I was up for a promotion to a management position that I meet every qualification, had the acceptance of the team members and my would-be immediate manager wanted me. Senior Management would not even allow me to have an interview to show my skills and the value I could bring to the environment.
High-Profile, High-Cost projects were given to the kids straight out of college. This is not an environment where a "fail-fast" mentality works, and management misses that. These projects are big and a fail by Visa means we are not just effecting our company, we will effect the markets. Would you give your multi-million shiny new toy to the kid out of college? No! You would give it to be lead by some of your most senior, experienced people. This management feels it is fit to have the older staff look after the legacy environments and give the new toys to the college grads. No wonder the IT organization has/had not delivered any major projects in over a year when I left. Before this IT management came in, we were delivering 4-5 major projects a year.
And Speaking of the new management, it is not good when you can hear of the entire IT management structure being replaced in the span of just 18 months. Go look up other studies of what that kind of turmoil does to a company. Absolutely incredible that the board of directories would see this as a major red flag for running a technology of this company and forcing out that many leaders. And then that takes a huge impact on your staff.
When I started this company, I was ready to take on the world, and I did. I ran major projects worth $10's Millions. When I left, I was having a very hard time caring about anything because of this management. They are condescending, arrogant, and only want to have others from other companies that they have worked with before working with them.