[giantg2]

"Everyone is well aware that any promise of company loyalty isn't worth the time it takes to say it."

100%

I was hired by a company that said they don't outsource, they don't lay off employees, and that the pay structure was good (3 10% promotions and a 4th larger one if going into management, plus a $25k-ish profit sharing bonus).

Within 2-3 years, they started outsourcing, the promotions turned into 7% raises with the need to get 5 of them to be making near the same amount when considering the change to profit sharing. The chance to go into management and get that money was greatly reduced, requiring you to work both as a PM and a manager with pay being about the same as the PM role. Within 6 years they started laying people/groups off.

This is a company that has a high reputation for doing the right thing, marketed themselves as different, etc. Yet I have seen the erosion of pay and benefits, violation of their own policies, and all while trying to sell it to you as some great benefit.