IT is very hard to improve your conditions, raises are not based in performance, typically you get a 5-10% yearly; the same for promotions, they rely too much on experience (some experience is obviously positive, but it cannot be the only thing that matters), you must be doing the actual work before you get the official promotion for a very long time, no less than 6 months, often much more and even like that is not granted, for example in a department of 70 people there is only one senior (officially, of course in practice more people is doing that role)
Teams are permanently understaffed, some of them heavily understaffed, the workload is insane
Because of these two problems employee turnover is very high
There are some other problems in daily operations that have not been fixed by years
The higher ranked managers seem to be quite competent, but mid managers seem to have arrived there because they are very good doing interviews