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I have been working at CH2M full-time (More than 10 years)
Paycheck is steady. From a worms eye view, we are lucky to have a job.
The CH2M Hill board members appear to only be looking out for themselves and their bank accounts. After working for this company for over 20 years there has been the slow decline of a once great company to work for. Employees used to have 100% paid health benefits, REAL bonuses, REAL raises, a paid 1 month sabbatical every 7 years. Bonuses used to be minimum 13th month (a full extra month paycheck), now we get a $50 Applebees gift card once a year if we're lucky. Defined 401k employee stock contributions were eliminated and our matching contributions are now reduced for the first time ever (we are getting around 50% matching this year). Raises for longtime employess are far less than cost of living averaging around 1-2%. Our pension plan was eliminated. Less, Less, Less... The management simply does not value its assets which are it's employees. Longevity and seniority mean absolutely nothing whatsoever. Hard work is rarely if ever rewarded or publicly recognized. The disparity between the board member's compensation and the average employee for a "company owned" corporation is 1000 fold. New board members are awarded 25,000 shares to start with. The average long term employee has less than 3,000 shares after 15-20 years. And it would take 13 years for an average employee to match the first year's salary of a newly appointed board member. There is also a massive gap in board member male/female management salary equity. Previous male board members have had a 2-3x compensation package over female board members with longer company history. So either there is a massive inequity among the sexes at the companies highest level or severe corruption of company policies. Simply put, our senior management does not promote a positive example for the rest of us to follow. Talk is cheap, but when it comes down to it, their actions do not match their words. Just look at the difference between board member compensation and ours. Non-employee board members make more than high level employees for attending a few dozen meetings a year. The founders of CH2M Hill are likely rolling over in their graves. They walked among us just like anyone else and treated us as equals. Encouraging us and living a real work example. And they appreciated our work and paid us for it and rewarded our extra efforts graciously and often.
Advice to Management
Take a close look at the difference between board membership and your most valuable "assets" (read the yellow book) and then ask if you feel it is fair. Do board members REALLY deserve to make 3-4 million a year more than the average employees making 50-100k? How much is "Enough" in an "employee owned" company?