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re: Wage growth doing something odd in 2025, last time it happened was around Great Recession

Posted on 8/24/25 at 1:25 pm to
Posted by Powerman
Member since Jan 2004
173694 posts
Posted on 8/24/25 at 1:25 pm to
quote:

Get your pension.
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
38716 posts
Posted on 8/24/25 at 1:27 pm to
quote:

Calm down Hank hill some of us like to not be poors.


People should leave jobs that do not pay well or provide QOL. Most people do not understand that they can influence the business landscape by going to these places. The other businesses will either adapt or shut down
Posted by Klark Kent
Houston via BR
Member since Jan 2008
74858 posts
Posted on 8/24/25 at 1:29 pm to
quote:

Yeah, workers should definitely show loyalty to be rewarded with things that don't exist.


it does exist for certain companies.
Posted by Powerman
Member since Jan 2004
173694 posts
Posted on 8/24/25 at 1:30 pm to
quote:


it does exist for certain companies.

How many private companies do you know of that have a pension plan?
Posted by rintintin
Life is Life
Member since Nov 2008
17062 posts
Posted on 8/24/25 at 1:31 pm to
The idea of job hopping got a little too mainstream. The LinkedIn vlog types have been pushing this narrative on young people for a while and they think it's the only way.

A friend of mine sent me an article recently saying you need to switch jobs every 2 years for the the best wage growth, and he was singing it's praises. He's constantly job hunting and doing interviews. Sounds exhausting.

I'm all for doing what's best for you, but perhaps there's a good career avenue of just focusing on where you are and moving up? If you aren't getting where you want to be in 4 or so years then yeah maybe start looking elsewhere.
This post was edited on 8/24/25 at 1:32 pm
Posted by Sun God
Member since Jul 2009
51935 posts
Posted on 8/24/25 at 1:31 pm to
quote:

Good. More people need to show loyalty to their company. Get there on time and shake your bosses hand. Get your pension. Attend the company picnics.

Amen. And don’t forget to collect your social security checks
Posted by Klark Kent
Houston via BR
Member since Jan 2008
74858 posts
Posted on 8/24/25 at 1:32 pm to
few and far between.
but to say it doesn’t exist is silly.
Posted by RohanGonzales
Pronoun: Whatever
Member since Apr 2024
10665 posts
Posted on 8/24/25 at 1:32 pm to
The same people whining about pensions are the ones who "want their SS paid out in a lump sum" so they can put it in a 401K.

My forgone pension is in a 401K.

Pensions now would be a morass of bullshite given the 10 employers people have over their careers.
Posted by liz18lsu
Member since Feb 2009
18042 posts
Posted on 8/24/25 at 1:34 pm to
quote:

More people need to show loyalty to their company.


I know it's sarcasm, but you are expected to give two weeks notice, as a courtesy. I didn't see two weeks notice given to the lay-offs of 20+ year workers.

I am a loyal employee (I was at corporate all weekend, working), but my Dad, who worked his entire career at Dow, always reminds me - "They don't love you. If something better comes along, take it."
Posted by ragincajun03
Member since Nov 2007
29224 posts
Posted on 8/24/25 at 2:11 pm to
quote:

few and far between.
but to say it doesn’t exist is silly.


This.
Posted by FLObserver
Jacksonville
Member since Nov 2005
16100 posts
Posted on 8/24/25 at 2:21 pm to
quote:

Get your pension

The old pension system is what crippled many state and local governments.
Posted by LSUtoBOOT
Member since Aug 2012
20398 posts
Posted on 8/24/25 at 3:44 pm to
quote:

Good. More people need to show loyalty to their company. Get there on time and shake your bosses hand. Get your pension. Attend the company picnics.

Posted by Clark14
Earth
Member since Dec 2014
27162 posts
Posted on 8/24/25 at 3:53 pm to
quote:

Trump needs to fire the people who compile statistics—STAT.


says a Biden voter



trump actually did it, big difference.
Posted by N2cars
Member since Feb 2008
39639 posts
Posted on 8/24/25 at 4:03 pm to
This has been a trend for a few months now...

I believe it will continue, and accelerate.


Companies overhired and tolerated poor performers.

That's changing.

Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/24/25 at 4:03 pm to
quote:

The old pension system is what crippled many state and local governments.


Underfunding the pensions and borrowing against what was in it to increase spending 100x is what crippled the governments, not the pensions themselves
Posted by AllDayEveryDay
The Sticks
Member since Jun 2015
9725 posts
Posted on 8/24/25 at 4:07 pm to
I was a job stayer and I should have left. Worked for a company that treated me like dog shite because the pay was good. Eventually they let me go like I knew they would and I was forced to switch. I found a much better company and position as a result.

Moral of the story, listen to your intuition and try to limit fear of factors you can't control.
Posted by Klark Kent
Houston via BR
Member since Jan 2008
74858 posts
Posted on 8/24/25 at 4:23 pm to
Captain TDS, he did what exactly?
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