
The Executive Team are like pigs at a trough who need to raise their heads. Filling their bank account, acquiring new cars, openly talking of vacations in exotic places, photoshoots/junkets in France are just some examples. All while their has been a wage freeze and multiple rounds of layoffs.
Pay level. They do all they can to tell you "Great job!", but they have had a wage freeze, no cost of living increase in 10 years. Executive level pay has risen quite handsomely, but the 9-5 employee has seen no difference and also has Benefit costs increase each year with no company contribution.
The teams are fine. They are just beaten down and see the writing on the wall. No raises to be had, and if they ever do want to try to catch up and pay their employees what they should be making they are so woefully behind they could not do it. Replacing IT dept with contract labor.