Leadership out of touch - Senior Software Engineer Paylocity Employee Review

I have been with Paylocity now for over five years, what differentiated them in the past is that they offered full remote work, competitive compensation, and opportunities to work on modernization efforts in a fast-growing company. Paylocity has reported success quarter after quarter for years now, unfortunately this success has not been shared with the employees that made that success possible. Over my tenure here all my merit increases have been around or less than 3%, despite significant contributions and achievements. During Covid salary increases, 401k matches were frozen during that time of uncertainty into 2021, meanwhile Steve our CEO enjoyed a 16% base salary increase, and more than doubled his overall compensation from 2019-2021 from 7 million to over 14 million according to salary dot com. This gross disparity has not ever been addressed, instead all we hear about in management meetings is how much we are appreciated for carrying the company to success though Covid which rings very hollow given these facts. Additionally, the company has doubled down on trying to get more out of rank-and-file employees through campaigns like “Amp-it-up” without any “Amp-it-up” on compensation front. Management refuses to engage on employee concerns over competitive salary and seems unwilling to even acknowledge growing inflation disparities that are hurting so many. To add insult to injury they came out with a new career framework full of subjective metrics, with different titles that pretty much feel like a demotion in the way they chose to map old roles to new ones. I can only imagine the reason is to squeeze more out of already exhausted employees by forcing them to work harder and in their spare time for title promotion to get back to an equivalent title that they were before.