So I used to work for a broadcasting company. It was wonderful at first, even if in hindsight we weren’t being paid enough.
They sold out to a larger broadcast company who may or may not only have a 2.5 star rating on Glassdoor. Immediately things went to shit.
Before as long as you performed well you received at least a small wage increase every year. This new company immediately “froze” the raises because “merging the companies was so expensive”.
Well the next year after the hostile takeover, (And I mean hostile. Employees who had been with the previous company for 10-20 years left without notice because their 3-4 weeks of annual vacation they had earned was cut down to 5 days a year, and I heard even wages were cut).
We were all called into a large conference room, and the manager who came with the new company excitedly tells us he has obtained permission to give us all a nice “bonus” in lei of wage increases.
Keep in mind more than half the office had quit over a 10-12 month period. And any new faces left within 6 weeks. So most of us were juggling 3 different positions essentially. I was performing at 4 and even training new hires and was not a manager of any kind.
The “bonus”? A fucking $350 check, sent separately from our paychecks and therefore taxed separately. So a bit over $200 really.
Oh, and the required pizza party of course.
Fuck. That. Place.
The CEO makes 330-360k a year. The actually people who made everything work? $14 hourly, and the insurance coverage decreased while the cost increased when they took over.
Not surprisingly they have openings constantly and seem perplexed as to why no one will work for them or stay. This was 2017 and the wages have stayed the same.
Because of this, if you are in the states and notice the quality of commercials decline, such as the same ones airing back to back, or even blue screens instead of programming; this is why.