Yesterday there was a "town hall" with the Principal CEO and other execs.
Someone had the courage to ask (props to that employee) about lower engagement & job satisfaction scores (something like a 9% across the board drop), in the context of pay & the return to office mandate.
My take on the answers from the CEO (and this is just my impression):
1. He thinks the 3-days in office mandate is still correct despite massive backlash. "Too bad, deal with it." (Said in a very corporate way)
2. He thinks our pay is fair. "Don't like it? Well, either suck it up or get a new job." (Also said in a very corporate way.)
My take on the 2nd point ... I don't believe it. Our benefits aren't "top tier" anymore (despite what is said), they are average. And I can't speak for all areas, but the feeling is that something is off with the metrics when we keep losing our best and brightest to other companies.
Just my 2 cents.