Company positioning to sell. Employee wages continuously cut
The corporate division of Rockwater is positioning the company to sell.
Extreme employee wage cuts have been being made for a couple years now in order to boost profits on paper. Many ways to prop-up short term net profit are being utilized.
Experience and dedication are being ignored and promotions are being given with sub-par pay increases in order to cut employees that were previously promoted on previous pay scales through years of hard work.
Proper PPE/Safety equipment, that is needed in order to complete jobs safely, is being rationed and often times withheld.
Employees are no longer compensated for work expenses such as company vehicle care as well as tool and safety equipment purchasing.
Rewards and incentives promised to employees by upper management, such as Cost of living increases, Holiday bonuses, Safety bonuses, BBQ's, and holiday events, are very rarely delivered upon.
The lack of willingness to hire people directly qualified and needed for certain positions, such as sales and customer relations, and firing of employees who were already in alignment to fill those needs, ultimately lost Rockwater many contracts, resulting in extreme employee cutbacks. More proof that Rockwater's upper management is disconnected from what is actually happening.
People who know their own worth, and are dedicated and hard working, are advised to look elsewhere for employment.
The company turned from a place you were proud to work for and rewarded for the hard work and dedication you put in, into a place where the bottom line is the only thing that matters; where the employee is not a name or a face, but a number and an expense; where long term dedication and loyalty is brushed aside for short term profit.
How could a company with such disregard for its employees ever hope to one day go public? You would think a leadership so coveted for knowing what the "boots on the ground" go through wouldn't allow this to go on... unless....