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Powerful company where wages have been stagnant for the last 12 years for technical persons in the lower 90%

Software Engineer
Current Employee
Has worked at Oracle for 20 years
February 19, 2013
Denver, Colorado
3.0
Doesn't RecommendNegative OutlookNo CEO Opinion
Pros
  1. Powerful company with great access to the latest technology.
  2. By IT standards, the work environment is stable for technical persons.
Cons

In an effort to have US-based ORCL employees compete with ORCL employees in "low-cost centers," wages have been frozen for the last 12 years for the lowest-performing 90% of the technical employee population.

(CON) That's hard for us techies like myself (a top 20% technical performer) who suffer with a dozen years of slowly falling standard of living.

(PRO) This austerity program has at least kept us lower 90% technicals employed.

Advice to Management

The obsession with low-cost centers is not really required for a company with a monopoly like ORCL.

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