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Random Pay Freezes

Associate Technical Director
Former Employee
Worked at Broadcom for 20 years
October 24, 2023
San Jose, California
2.0
Doesn't RecommendPositive OutlookApproves of CEO
Pros

Good share price appreciation, especially with (one-off) 7-year RSU grants. Tight financial management. Very little business travel. Some excellent engineers and managers.

Cons

CEO broken promise on health insurance (upon Broadcom acquisition).

Pay freezes with no logical justification, but employee benefit costs still rise.

Quotas for higher grades, making timely promotion impossible.

Company-wide edicts.

Some business units are very resistant to change. Many are just staying to milk the shares, putting in as little effort as possible.

Advice to Management

Remove grade quotas.

Cap employee benefit contribution to average pay adjustment.

Additional Ratings

Work/Life Balance
3.0
Culture and Values
2.0
Diversity, Equity, and Inclusion
1.0
Career Opportunities
1.0
Compensation and Benefits
3.0
Senior Management
4.0

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