New CFO takes away employee perks valued at $10,000, then demands more work for same pay: 'I am now set back three years in pay increases'

Author image for Ben Weiss
Ben Weiss • Writer and Editor
Jan 17, 2025 8:00 AM EST

Imagine building a solid career for yourself out of next to nothing, only to have new management come in and undo all the perks that made your job worth it. 

Unfortunately, this is not an unusual occurrence, as new management rarely takes the time to survey employees and get a strong sense of their needs. Certain employee benefits, for instance, could mean a lot for different employees, depending on the demands of their jobs. Bypassing their input to take those benefits away with little to no acknowledgment clearly demonstrates poor leadership skills. 

Keep scrolling below for this employee's conflict with his new CFO!

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  • 01
    P ANY DO MORE.
    via Carl Heyerdahl

    The image does not depict the actual subjects of the story. Subjects are models.

  • This employee worked his way up the ladder of the company, having received four promotions over the course of six years. He started at the company at 21, having dropped out of college with few career prospects. He also had surprise twins on the way and needed to find solid employment to provide for his family. He managed to achieve that and then some, becoming district manager and successfully earning useful employee benefits like unlimited mileage on the company car he was given.

  • 02
    When I was 21 I had no direction for a career. I was a college dropout with surprise twin girls on the way. I didn't know what I want in a career but I knew off for these kids I had to work my a coming up.
    via Revolutionary-Farm80
  • 03
    I had a life changing interview that put me in the right place at the right time. for growth. Leadership recognized me and rewarded me.
    via Revolutionary-Farm80
  • 04
    I started out at a floor level position and within 6 years I was promoted 4 times to District Manager.
    via Revolutionary-Farm80
  • 05
    About 2 years in, the Company decided to do away with Auto Allowances and give us company cars and also unlimited personal mileage use. Pretty neat perk.
    via Revolutionary-Farm80
  • 06
    During I had the best staffing levels in the division and I was asked to move into a new position that was based out of home but was essentially 90% work from home. Boss even said I could keep the car.
    via Revolutionary-Farm80
  • 07
    I learned the role quickly and soon began to excel at it. Before long, my manager was modeling the entire department after MY program! Mid 2024. New CFO starts up.
    via Revolutionary-Farm80
  • 08
    Cheezburger Image 10455219200
    via Hunters Race

    The image does not depict the actual subjects of the story. Subjects are models.

  • Here's where the trouble started, as it often does, with the arrival of new management. The new CFO came in and immediately did away with this significant employee perk, which, according to this district manager's math, added up to the equivalent $10,000 loss. On top of that, they had the nerve to ask more work out of him.

  • 09
    2025, CFO takes away all the Company cars from anyone driving less than x amount of miles per month for business and gives no salary increases to comp them. I valued this benefit at approximately 10k per year. So after my 2.1k increase, I am now set back. THREE YEARS IN PAY INCREASES!
    via Revolutionary-Farm80
  • 10
    To add insult to injury, they tell me this at my performance review. I obviously got upset and explained how removing this benefit was equivalent to a huge pay cut for me.
    via Revolutionary-Farm80
  • 11
    Had a follow up conversation today where they told me to look forward to a new job being posted. I asked what the pay raise would be and it was literally exactly the amount I just lost. They also had the nerve to scold me about my 'unprofessionalism.'
    via Revolutionary-Farm80
  • 12
    So they're pushing for more work for the same amount of pay?! Get f ed!!! I'll see myself out the door as soon as i have a new job lined up!
    via Revolutionary-Farm80
  • 13
    Cheezburger Image 10455221504
    via Unsplash+ (Getty Images)

    The image does not depict the actual subjects of the story. Subjects are models.

  • Several members of the online community weighed in with their aggravation and mutual commiseration regarding the employee's new situation at work. Here's what they had to say!

  • 14
    Stolen Wishes • 11h ago You had a longer run than most - but now it's over. Your promotions will look very impressive on the resume you send out to potential new employers.
    via Revolutionary-Farm80
  • 15
    LeftCoastBrain 10h ago • I have good news for you: You'll probably get a significant raise by going to another company. All my significant raises came from leaving a job I'd been at for too long and getting a similar or better job at another company.
    via Revolutionary-Farm80
  • 16
    I know it feels terrible right now but I'd almost bet dollars to pesos that five years from now you'll look back at this as one of the best things that's happened to you, at least as pertains to your career. Good luck, and f 'em.
    via Revolutionary-Farm80
  • 17
    FRmidget · 11h ago At the end of the day, you are just a number. Take your developed skill set & move on.
    via Revolutionary-Farm80
  • 18
    These-Maintenance-51 · 11h ago You had a good run. At least you're not I off. A CEO change closed down my entire office 3 years ago because the new guy didn't like our city.
    via Revolutionary-Farm80
  • 19
    chat5251 • 11h ago Time to move on. Don't stay until you get more bitter and destroy your reputation
    via Revolutionary-Farm80
  • 20
    NFT_fud • 11h ago They have been very good to you and in return you have been very good to them. You have grown and they have benefitted from that. But sooner or later a relationship like this, I am suprised how often these relationships are disrupted or just ignored by the new manager.
    via Revolutionary-Farm80
  • 21
    Maybe this is a sign, not THE sign that if you going to get a raise and continue to grow it will be somewhere else. Is it time for a new growth opportunity?
    via Revolutionary-Farm80
  • 22
    R . 980 10h ago It's amazing how many great jobs are ruined when one bad boss takes over. Even if there are mountains of complaints against the boss, the administration will never do anything.
    via Revolutionary-Farm80
  • 23
    You already have a team of people who are experts in the department, and yet I almost never see employers promote from within anymore.
    via Revolutionary-Farm80

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