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re: Did your salary go up to offset costs?
Posted on 10/17/24 at 4:58 pm to fallguy_1978
Posted on 10/17/24 at 4:58 pm to fallguy_1978
Got between a 1 and 3 % raise each year since 2020.
We did go down to a 4 day work week starting this month ( previously was 4/5 week split) however and they call that our “raise” this year. I’ll take the extra 26 days a year off.
We did go down to a 4 day work week starting this month ( previously was 4/5 week split) however and they call that our “raise” this year. I’ll take the extra 26 days a year off.
2
Posted on 10/17/24 at 4:59 pm to GatorPA84
Pretty consistent 4-5% annually.
Almost keeping up with the increases in ramen noodles
Almost keeping up with the increases in ramen noodles
Posted on 10/17/24 at 5:02 pm to fareplay
My raises have been larger. Salary is up almost 40% since early 2020- same job. Raise this year was 8.5%.
I get good reviews, but I wouldn't consider myself great at any one particular thing.
I get good reviews, but I wouldn't consider myself great at any one particular thing.
Posted on 10/17/24 at 5:05 pm to fareplay
My favorite raises are when you are near the cusp of a new tax bracket and your wage increase is effectively 0 after taxes.
Posted on 10/17/24 at 5:06 pm to fareplay
Expendable income is down.
Posted on 10/17/24 at 5:08 pm to fareplay
No.
Only thing working "better" for me is that my house payment has stayed the same, and will for the next 25 years.
Everything else has gone up WAY more than what little "COLAs" I've "earned".
Only thing working "better" for me is that my house payment has stayed the same, and will for the next 25 years.
Everything else has gone up WAY more than what little "COLAs" I've "earned".
Posted on 10/17/24 at 5:09 pm to fareplay
I’m getting absolutely crushed. Talked to two buddies today, both super successful careers, and they are getting crushed.All three of us, three different industries, are seeing the worst selling/ service environment of our careers.
I think calling it “ inflation “ is bullshite. I think they have basically, starting about 15 years ago, created an entire new ECONOMY that is now reaching its zenith. This economy is too expensive to live in. People can’t keep up. My clients aren’t buying. Everything is on a holding pattern. I went to a big car dealership for 2 hours last week and one customer came in to browse. Middle class America has things locked down.FTR, this is going to get ugly with mortgages and car payments and because people simply can’t make the numbers work. Insurance alone is a fricking horror show.
I think calling it “ inflation “ is bullshite. I think they have basically, starting about 15 years ago, created an entire new ECONOMY that is now reaching its zenith. This economy is too expensive to live in. People can’t keep up. My clients aren’t buying. Everything is on a holding pattern. I went to a big car dealership for 2 hours last week and one customer came in to browse. Middle class America has things locked down.FTR, this is going to get ugly with mortgages and car payments and because people simply can’t make the numbers work. Insurance alone is a fricking horror show.
Posted on 10/17/24 at 5:14 pm to Tarps99
quote:
My favorite raises are when you are near the cusp of a new tax bracket and your wage increase is effectively 0 after taxes.
Not really how it works. Higher bracket rates only apply to the income that got you into that bracket. The rest of it is still taxed at the same rate.
Posted on 10/17/24 at 5:16 pm to fareplay
I am at 50% more compared to Feb of 2020. But I wouldn’t mind more. We ain’t talking big dollars here
This post was edited on 10/17/24 at 5:18 pm
Posted on 10/17/24 at 5:17 pm to Tarps99
quote:
My favorite raises are when you are near the cusp of a new tax bracket and your wage increase is effectively 0 after taxes.
Good troll attempt baw
I know you are better than that
Posted on 10/17/24 at 5:17 pm to GatorPA84
quote:
We did go down to a 4 day work week starting this month ( previously was 4/5 week split) however and they call that our “raise” this year. I’ll take the extra 26 days a year off.
I'd take a paycut to go down to 4 days per week. It will never happen in my field though.
Posted on 10/17/24 at 5:18 pm to fareplay
10%. First raise in 2.5 years. But I came in at 16%+ from my previous job.
Posted on 10/17/24 at 5:19 pm to fareplay
If you say yes you are lying. Even one of the richest people in the world Elon Musk knows how much money he has lost and wasted due to Government the past 4 years.
Posted on 10/17/24 at 5:20 pm to fareplay
Promotion in May gained me a 30% raise. Granted I took on the roles of 2 others that had left at the end of April.
Posted on 10/17/24 at 5:27 pm to fareplay
My boss vaguely mentioned something about a raise when I was there for 5 years, when that anniversary mark hit, nothing. Not even when I brought it up, so I quit and he was in utter shock.
Posted on 10/17/24 at 5:27 pm to fallguy_1978
quote:
I'd take a paycut to go down to 4 days per week. It will never happen in my field though.
Same, especially not at management level. Would absolutely take a 20% cut to go down to 4 days/32 hours per week.
Posted on 10/17/24 at 5:35 pm to fareplay
Aw hell no...I ain't no dock worker
Posted on 10/17/24 at 5:45 pm to Porpus
quote:
Not really how it works. Higher bracket rates only apply to the income that got you into that bracket. The rest of it is still taxed at the same rate.
I know that but if you get stuck with a large paycheck, the withholdings can suck if you go above your typical bracket.
I saw some payroll checks with a little extra overtime added and the extra money was essentially cancelled out by the extra taxes withheld.
I got paid more, but the extra withholdings made the increase insignificant for the extra time put in.
This post was edited on 10/17/24 at 5:48 pm
Posted on 10/17/24 at 5:48 pm to Tarps99
quote:
My favorite raises are when you are near the cusp of a new tax bracket and your wage increase is effectively 0 after taxes.
That’s not how tax brackets work…
Posted on 10/17/24 at 5:49 pm to fareplay
Not by virtue of Biden and Kuh-mala but by me busting arse and working harder because I knew if I didn't I wasn't going to be able to live comfortably.
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