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Yes, many employers have deflationary expectations in an inflationary environment. The most difficult part about disabusing them of this notion is that there ar
by jsoc815 8y ago
Yes, many employers have deflationary expectations in an inflationary environment. The most difficult part about disabusing them of this notion is that there are still too many current and potential employees who are all too willing to encourage this.
That's why I implore people to 1) know the value of their labor; 2) do the math concerning their (long-term) cost of living. Lots of folks seem to think that they can take a pay hit here or there just to get a foot in the door or tide themselves over, not understanding that they generally setting the bar for their future pay 1) because many (at least US) employers will ask for salary history; and 2) even if they don't, the information is probably available via a data broker.