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You got still robbed, even if you did get a pay increase at the end of the year. They measure the increase in prices over a year and sometimes increase pay to m
by nairboon 3y ago
You got still robbed, even if you did get a pay increase at the end of the year.
They measure the increase in prices over a year and sometimes increase pay to match it But you have already worked a year for the lower salary. It would be fair if the pay increase is slightly higher than the inflation.
- prepend 3y agoI think “robbed” is a bit hyperbolic. Pay isn’t linked to inflation directly for a reason. Not everything I spend my pay on is affected by inflation, especially not in real time. It’s possible to run your own business and link directly to pay and real time profits. But the exchange for not getting weekly pay increases to match inflation is that we don’t get drops when companies lose money. Pay isn’t linked directly to purchasing power and is really a market function. Companies pay as little as they can pay and workers work for as much as they can get. Obviously this is simplified and macro, but my point is that pay is based on need, but on availability. I wouldn’t want a “fair” system that only paid me based on inflation and other factors.