this post was submitted on 23 Jul 2024
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Asklemmy
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My executive saying "Revenue is up 30% YoY! [...] Due to budget cuts we're limited to a 4% raise+CoL adjustment this year."
The places where corporate decides to penny-pinch is truly infuriating.
Hi colleague!
You get CoL adjustments?!
Baked into our medicore raises... yeah!
They give you a 3% raise even though inflation is 8% because if they didn't then you might decide that it's worth the effort of going through the job application process until someone else hires you at a 10% pay raise.
You get raises?!
That sounds like a dream. Last place I worked aa an employee, we got "col" 9which was actually less than 1/3 the government-declared col) plus as much as 1.1% merit increase.
Typical raise for a high performer was around 2%.
Well, I'm glad you don't work there anymore!