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The fortune 500 where I use to work, the only pay raises you got were like Cost of Living, based upon Ave Pay for your job, and those raises were always around
by jmclnx 3y ago
The fortune 500 where I use to work, the only pay raises you got were like Cost of Living, based upon Ave Pay for your job, and those raises were always around 1%. People who I know who got promoted did not get any raises due to pay overlap in the bands. All you got was more stress on a promotion.
So no promotions for working remote ? Sounds good to me.
- bezier-curve 3y agoWhy does that sound good to you? Do the executives at the Fortune 500 you worked at not make enough millions to comically eclipse the average wealth of the people that actually run the company?
- jmclnx 3y agoOf course they make more. But I will never be promoted and will avoid the stress. If promotions got real salary increases then maybe I would go in. But you know, it is almost impossible for regular people to get to the high exec level unless you were born into the 1%.
- joshspankit 3y agoAny “increase” that’s below inflation is actually a net decrease.