re: Company CEO’s getting increasing pay.

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CEO's are rarely held accountable for their actual performance.

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Like choosing to turn a blind eye to manipulated financials for the past several years because it makes them, and the stock prices, look good.

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The sad reality is I know I have to job hop every 3 to 5 years to keep my wages going up.

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It's wild to watch people defend these predatory corporations. Like the CEO of Bank of America gives 2 fricks about his employees and wants to make sure everyone in his company is doing well. These people would happily throw a family of 6 on the street of it helps their stock prices go up a fraction of a point.

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The sad reality is I know I have to job hop every 3 to 5 years to keep my wages going up.

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But you really don't. That's certainly one route should you want to take it but it's not the only route. It's just the only route some people know.

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They want more than that. Recognition without compensation is just a breeding ground for either malcontent or even worse, indifference.

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I agree. Part of the recognition I refereed to also includes compensation. A pat on the back isn't enough.

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Most of them aggregately suck, I agree. But even within shitty corporate structures you can find departments and department heads who promote and cultivate a better culture than the company as a whole.

As an employee, I want to outperform the person next to me
As a leader, I want to lead a team that outperforms the team next to me

It's not just about the final production. It's about the things I believe create higher production quality.... retention, growth, development, transparency, authenticity, personal well-being and a process based approach to work so we can live not live so we can work.

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Agree there as well

But all you republicans keep voting for big business acting like yall arent

Im not a dem

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How would you suggest we change this?

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Profit sharing ?

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pensions are things of the past.

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Govt still giving out lavish pensions at every level

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But all you republicans keep voting for big business acting like yall arent

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you think Dem’s strings aren’t pulled by big bidness, baw?

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Can you please provide alternatives?

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Alternatives to job hopping?

First, the biggest shift in thought is that those opportunities normally come with a smaller starting salary but offer more in incentive packages (PTO, 410K, insurance, HSA's, etc).

During the interview process the interviewee should ask (or know) how many positions would be between them and the interviewer then how many positions between the interviewer and the department head (what are those positions, how many of them are there available, how long have the currently employees been in that role. Then, do the same for all roles between the department head and senior level executive positions.

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As we see time and time again, if companies need to cut costs, first things that go are employees, so loyalty isn't really expected on either side at this point.

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This is true but it's not normally lower level employees. It's usually middle management positions in departments that are being shrunk so the key is to find a spot and create your own value.

If we have to cut $200k a year in our department and I can do that by cutting four lower level employees or two with more tenure, the decision comes down to who brings more value. With a culture of growth and development and investing in our own human capital we are always looking to put people in the best positions either within our organization or outside of it so if two people have the same work ethic, the same output and are quite similar but one makes twice as much as the other, one is more at risk.

They key is to continually grow, develop and outperform those around you but working to bring everyone up around you at the same time. It's not just working harder, it's working smarter, more collaboratively, seeking continued development, etc.

A level 2 guy/gal making 60K with two years experience striving to be a level 4 can be more valuable than a level 4 making $90k indifferent about growth and development.

As the owner of a company of 22 employees. i have no issue with this. I’m in business to make money. I give my employees their 1-3% increase annually based on their review. If they want more than that, they can leave.

I’m going to eat and enjoy my time and money. If their output increases and my business does better year over year, I hire more employees at market rate and expand my business.
*blows my cigar smoke rings in liberal faces*