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re: A 3% raise these days is laughable

Posted on 1/16/24 at 3:56 pm to
Posted by WG_Dawg
Hoover
Member since Jun 2004
86562 posts
Posted on 1/16/24 at 3:56 pm to
I mean it beats a 0% raise

quote:

A 3% raise in this economy and inflation is essentially telling your employees that they are worth less this year than last year


companies woudl go broke if they had to keep pace with inflation. Whatever bullshite 5% numbers the govt tells us is clearly made up fakery adn ACTUAL inflation was likely well over 20% back at the height in the last 12-20ish months. No company is going to give 20% raises to every employee just because.
This post was edited on 1/16/24 at 3:57 pm
Posted by bad93ex
Walnut Cove
Member since Sep 2018
27377 posts
Posted on 1/16/24 at 3:57 pm to
quote:

I mean it beats a 0% raise



Company trotted out the line that they were only going to give raises to those haven't had one in some time, figured it is time to update the CV and put a couple more certs under my belt.
Posted by Howyouluhdat
On Fleek St
Member since Jan 2015
7496 posts
Posted on 1/16/24 at 4:02 pm to
quote:

companies woudl go broke if they had to keep pace with inflation.


You think companies aren’t raising their prices as well?
Posted by Giantkiller
the internet.
Member since Sep 2007
20459 posts
Posted on 1/17/24 at 12:25 am to
quote:

I mean it beats a 0% raise

Ikr. The stones on this broad…
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