While Elsevier continues to deliver impressive financial results, with increasing profit margins year after year, the company has implemented hiring and promotion freezes in recent years, despite its strong profitability. The focus seems to be on squeezing the current workforce to maximize shareholder returns, creating an environment where the growth of the majority of the team stagnates.
Moreover, Elsevier's hiring approach often results in employees being brought in who may lack essential soft skills, leadership qualities, or cultural fit. This has led to teams that are skilled technically but may struggle with collaboration and communication.
One of the most frustrating aspects is how difficult it is to achieve a salary increase or promotion. Even when promotions or raises are given, the increases in recent years has been minimal.
There is also a notable lack of female representation in leadership roles, and a company culture that tends to overlook or inadequately address issues raised by employees,
While the company's financial performance remains strong, these internal dynamics raise concerns about the long-term impact on employee morale, satisfaction, and retention.