IBM

Good people, hardworking and easy to work with. Usually interesting work. You can build a decent resume, which you'll need in a few years.

More and more IBM employees are figuring out being an "IBMer" stands for: "I'm Below Market."

Most salaries seem to be 15-30% below market, based on the many mid-career folks jumping ship and peers at other companies.

The performance pay/bonus system is even worse compared to industry. Actually, it couldn't get much worse unless you owed them money once a year because undisclosed "goals" weren't met.

It's all about nickel-and-dime cost cutting and spending a majority of the company's cash flow on stock buybacks to boost earnings per share, benefiting execs and shareholders.

(Note: Also, few regular Joe IBMers get any stock or options either, also below market standards).

Please keep encouraging your employees to leave; you are improving lives and the economy. Talented people leave and find they can earn much more elsewhere, thus improving their lives and benefiting other companies' productivity as they bring these ex-IBMers on board. So more people with more cash to spend into the local economy, and more productive companies. It seems like a win-win, really. You just need to get more people out the door faster. I'm confident you'll find new, novel ways to lower morale.