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You wouldn't get the raise because your pay isn't dictated by how much money you make for a company, but by supply and demand.
by zeroCalories 3y ago
You wouldn't get the raise because your pay isn't dictated by how much money you make for a company, but by supply and demand.
- Veserv 3y agoYou have incurred a 50 K$ debt to the company. Where are you getting the income to pay it? Are you claiming a company can just expunge employee debt willy-nilly? Then instead of a paycheck I can just take a loan from my employer that they expunge avoiding all income taxes. No, that is not how it works. A entity can not magic a loan into existence and then back out. You are being paid 10 K$ more. Your salary or hourly wage should reflect that. Maybe they might choose to dock your pay or fire you after you “pay off” the debt since the “training” is actually just a shackle of no independent merit (e.g. they give you a 50 K$ salary, but claim a 10 M$ training loan over 5 years so you are on the hook for 2 M$ per year you quit early). That should probably be dealt with via false advertising laws around training programs and laws around loans. They would also be required to disclose that you are explicitly taking on a 10 M$ personal loan for that job which would almost certainly scare people away. Also probably super duper illegal. I do not think the courts would take too kindly to gigantic loans for fake training.