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> If you are not happy with your 3% COLA, will 5% really mollify you? Most of the jobs I had didn't even have a COLA. So yes 5% would be fine. > New hires get
by ironmagma 3y ago
> If you are not happy with your 3% COLA, will 5% really mollify you?
Most of the jobs I had didn't even have a COLA. So yes 5% would be fine.
> New hires get paid more because they are worth more to the employer
Anyone who manages a company should put their money where their mouth is and fire their whole team, and hire a new one. Those new hires are worth far more than the existing team was. Except, we all know it's BS, and existing employees are what keep a company in existence.
- hapless 3y agoI mean, they ARE putting their money where their mouth is They pay existing employees less, and new employees, more. If a whole team quits, a replacement will be more expensive. That's the state of the game!
- ironmagma 3y agoYou're confusing pay and value. The claim was that not only is pay higher for new hires, but value is higher. They are saying literally that hiring an entirely new team and ditching the old one is the most valuable move to make for the company. So why wait for them to quit?