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I'm pretty tired of having to argue with leadership about adjusting salaries by inflation. Of course they will begrudgingly eat up increases in other costs due
by igleria 2y ago
I'm pretty tired of having to argue with leadership about adjusting salaries by inflation. Of course they will begrudgingly eat up increases in other costs due to inflation, but the buck stops with the employees. Keep people that are performing on par or more happy? Naaaah, let's lose internal knowledge and money onboarding a new employee.
I'm tired...
- lll-o-lll 2y agoThis hits hard. I just got my “pay rise”, that is below inflation, with no real comment. “Was it my performance?” “No, your performance was great”. “Can I look at other advancement?” “We will look next year”. So yet again, I feel the pressure to look for a new company. I am so so tired.
- A4ET8a8uTh0 2y agoThis AND you get to read about the great financial position company is in, dividends and stock buyback planned and scheduled, rounds of bonuses for the hardworking executives, who toil in anonymity to ensure good returns for shareholders by culling dead weight. What? You want your salary to match inflation? On the list you go.
- blitzar 2y ago> What? You want your salary to match inflation? We dont have the money for that; we just hired a junior for your team that interned at a FAANG and had to pay them 2x your salary.
- hnbad 2y agoI'm a contractor and one of my client has grown considerably and shifted their attitude towards me from "external expert who helps us in their field of expertise" to "employee with fewer protections" over the years and this is very much true. Previously I'd tell them I need to raise my rate for one reason or another but I'd also temporarily reduce it when they were struggling with the market during COVID or suspend raising it. When I finally told them I needed to raise it because of inflation and nothing else, they kept hiding behind their own bureaucracy and eventually insisted on finalizing the adjusted contract as part of a round of "pay raises" in the company. I wasn't "asking for a raise", I was informing them of a change in my rate. And it wouldn't have been a raise anyway as it literally barely covered the rise in inflation. When HR eventually sent me the updated contract it felt like they expected me to make a happy dance or something.
- htrp 2y agoI'd say the nature of a contractual relationship fundamentally differs from that of an employee-employer dynamic. As a contractor, you're not requesting a raise but rather renegotiating the terms of your engagement, which is a standard practice as contracts come up for renewal. Working with a lawyer for your contract negotiations can ensure that your interests are well-protected. They can help include provisions such as inflation-adjusted rate increases and other legal protections to safeguard your position. Ultimately, the outcome of such negotiations hinges on the power dynamics and mutual dependence between you and your client and your leverage is never higher than at the start of your employment/contract.