Pay freezes and unfair compensation lead to frustration - Lead Software Engineer Thoughtworks Employee Review

Since the pandemic this company has not compensated it's employees fairly. There was a pay freeze while tech pay soared to the highest ever. Then there has been subsequent pay freezes and minimal pay increases that are below inflation. There are seniors getting paid at Consultant levels and leads getting paid at senior level. To add insult to injury they publish salary bands for each grade and there are folks getting paid significantly UNDER their salary bands. They said it was for transparency reasons only, it doesn't mean they will make it right and pay you in your salary band. Getting a promotion doesn't guarantee a raise. Yes, you will get the title and the responsibility but not the pay. It isn't temporary either. This has been going on for the last 3-4 years. It is also not an isolated incident. Yet the company is asking more and more from us.