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Still waiting for inflation to hit my effing salary. I know it won't, because we're entering stagflation territory and unemployment is going to go up. COVID w
by jcadam 4y ago
Still waiting for inflation to hit my effing salary.
I know it won't, because we're entering stagflation territory and unemployment is going to go up. COVID was a massive wealth transfer from the lower and (esp) middle class to the oligarchs.
- bpodgursky 4y agoHave you asked for a raise?
- Supermancho 4y agoPeople at my company have, in all-hands meetings. Is the company going to raise our salaries to compensate from the widely acknowledged inflation that's going on, given the company nets billions a year? No comment.
- Nemi 4y agoCompanies rarely increase wages of existing employees commensurate with inflation. You get the appropriate inflation-adjusted increase only when you switch jobs. It is the one bit of leverage you have as an employee - I would suggest using it. Complaining to management feels good but gets you nowhere.
- deathanatos 4y agoThey used to. Some do, I hear. My parent made a living working for the same employer. My SO's parent made a living working for the same employer. Somehow, not canning the entire staff every two years worked for their generation. Meanwhile, I work for tech companies where hardly anyone knows anything because nobody has any experience because the entire workforce has to turn over every two years just to try to recoup what inflation has devalued their salary to?
- jcadam 4y agoYou direct supervisor likely will even sympathize, but these decisions are made in most companies by people who don't even know your name.
- bpodgursky 4y agoCompanies aren't going to do sweeping COL raises voluntarily. You should directly ask your manager, they most likely have the flexibility to make it happen.
- willcipriano 4y agoStop thinking of yourself as a employee and start thinking yourself as a services vendor. They aren't going to raise your rates of their own accord, you need to go out and generate leads for that to happen. In a high inflation environment you may find yourself in a position where you have to shift more resources to sales rather than operations. Your current situation with it's pre-inflation salary might just not meet your business goals. Just like they may choose to spend additional income from inflation adjustments on things other than your salary, you can choose how much time you devote to things that are important to you depending on how they reward you.
- danaris 4y agoFuck that. Stop thinking of yourself as an individual employee and start thinking of yourself as a member of a union. Then actually form that union. You don't get across-the-board raises by "generating leads". You get them by collectively bargaining. And I reject entirely the notion that one should be only looking out for one's own gain.
- willcipriano 4y agoI went from washing dishes to six figures my way. Has your way done well for you thus far?
- danaris 4y agoThe whole point is this isn't about you. This is about all of us. We live in a society, and we damn well need to start acting like it again, rather than the proverbial crabs in a bucket, desperately stepping on each other to try to get ourselves higher.
- deleted 4y ago[deleted]
- willcipriano 4y agoWhat union are you in?
- pojzon 4y agoRehire for the same position. Hiring budget is 3x bigger than rises budget. Dont ask me whose retarded idea is that.
- Phrenzy 4y agoIt was Mark's idea. Who's Mark? Oh, he worked here three years ago.
- jcadam 4y agoThe company I work for is directly (negatively) impacted by rising rates, so I don't expect they'd be amenable to granting raises at the moment.
- johnbellone 4y agoI am hiring, and you look like a perfect fit for my team. Send me a message.
- dlp211 4y ago> because we're entering stagflation territory and unemployment is going to go up Citation needed. Unemployment is at 3.6% and the population on UE insurance is below 1%, and we are adding 400k+ jobs/mo. This of course can change, but as of right now, UE is not going up.