Salary Employees Take a Big Hit in the Wallet - Former Manager bei LoJack: Mitarbeiterbewertung

1,0
14. Juni 2015
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CEO-Befürwortung
Geschäftsprognose

Pros

There are no more pros. The benefits use to keep me here, not so much now.

Kontras

No way to move up, LoJack becomes your life, 24/7 if you are in management. Bad financial decisions were taken out on employees. In the past 3-4 years this is what has been taken away; First benefits, 401K match reduces, then no match at all. Hourly workers bonuses were taken away, then the 40 hour guarantee, now it's 35. And then finally, the last straw, salaried employees were given a 12 .5 % pay cut! And this all after 4 years of no raises at all. Only a select few got raises during the last few years, and that was to bring then closer to cost of living! Management states the pay cut is for a minimum of 4 months. Even if things get better, do you really think after four months we will get our 12.5 % back.......not even. For years it's been "just hang on, thing will get better". Yea right. I got sick of the promises. Here's the kicker, after all the pay cuts, the stock drops and upper managers, board members etc buy up the stock and the stock goes up. Hmm, who's making all the money here. They're taking from the mouths of the hard working employees. Don't even think of going to work here, they;ll screw you too.

Mehr Bewertungen zu LoJack entdecken

5,0
16. Okt. 2024
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CEO-Befürwortung
Geschäftsprognose

Pros

Going places for no reason

Kontras

Sure it’s wonderful and interesting

4,0
27. Aug. 2024
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CEO-Befürwortung
Geschäftsprognose

Pros

It was great work life balance

Kontras

pay was not the greatest

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