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The Great Resignation? More Like the Great Renegotiation

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Re: The Great Resignation? More Like the Great Renegotiation

#181

Post by Waterluvian »

mehphp wrote: post #147
Waterluvian wrote: post #137

It feels fundamentally wrong that my employer cares at all about where I live when determining my 100% remote salary. Can anyone offer me rational arguments for why they shouldn’t just pay people based on what they offer the job rather than where they choose to live? Because it makes me salty to be paid half of what a colleague does because I’m in rural Canada and not San Francisco.

The simple answer is because they can and people still accept the positions. Why would they pay you twice as much when you accepted half?

Yup.

Because I didn’t have all the information such as what others were being paid. I only knew that they were offering double what my current employer was offering to keep me.

Re: The Great Resignation? More Like the Great Renegotiation

#182

Post by VoodooJuJu »

bjourne wrote: post #104

"Yet, despite all the quitting and renegotiating, the real wage for the average American worker — meaning the true value of their paycheck after taking into account inflation — fell by 2.4% in 2021." All while the world's elites have doubled or tripled their fortunes. Great Robbery would be a more apt name than Great Resignation.

>All while the world's elites have doubled or tripled their fortunes

Who and how?

Re: The Great Resignation? More Like the Great Renegotiation

#183

Post by francisofascii »

Waterluvian wrote: post #137

It feels fundamentally wrong that my employer cares at all about where I live when determining my 100% remote salary. Can anyone offer me rational arguments for why they shouldn’t just pay people based on what they offer the job rather than where they choose to live? Because it makes me salty to be paid half of what a colleague does because I’m in rural Canada and not San Francisco.

A better question is, why do they continue to pay the colleague in SF, when they can get another rural Canadian for half the price?

Re: The Great Resignation? More Like the Great Renegotiation

#184

Post by openknot »

paxys wrote: post #170
Liquix wrote: post #157

Earlier quoted context omitted.

Should it be the worker's duty to constantly be searching for better opportunities and interviewing for new jobs while working - or the employer's duty to provide reasonable CoL raises so employees aren't driven away from the company?

The only "duty" your employer has is to extract as much value out of you for as cheap as possible. If you expect anything different then you are going to be taken for a ride.

An employer at a for-profit company is responsible for maximizing the company's profits, but that doesn't mean it has a duty to extract as much value out of an employee for as cheap as possible.

Such an adversarial relationship with employees causes them to leave, or at least avoid initiative or innovative solutions that are mutually beneficial to the employer and employee.

Re: The Great Resignation? More Like the Great Renegotiation

#185

Post by lotsofpulp »

MattGaiser wrote: post #168
willcipriano wrote: post #164

Earlier quoted context omitted.

It's a clear signal, the company values you less than when it hired you. When leaving a company like that I find it best to frame it in a way that they were unhappy with you. "Hey look I know you are trying to spare my feelings, but that is 6 percent less than inflation, clearly you want me out of here but didn't have the courage to lay me off. Thanks for the heads up, I've found another role."

It really seems like you are most valued the day you are hired, with your value declining by the day.

The whole concept of value in terms of business transactions seems weird to me. It is ill defined and unactionable.

Either you agree to buy or sell at a certain price, or not. “Value” plays no role in the determination of prices.

Re: The Great Resignation? More Like the Great Renegotiation

#186

Post by akireu »

mgkimsal wrote: post #152
Ancalagon wrote: post #146

Earlier quoted context omitted.

It is

I started at a company in mid January, and they did annual reviews in June/July. After review, I 'merited' a 4% raise. But... because I'd only been there since January, they prorated the 4% raise to 2%. I never quite understood their logic, but also didn't stay through the end of the year. EDIT: this was... 2004/2005 era.

Inventing arbitrary formulae to calculate your wage is merely a dishonest negotiation tactic. Govt companies do it all the time, don't read too much into it. Also, it's perfectly fine to renegotiate your wage once you're off your probation period, as once you're in, you have a better idea of your worth to the company. Just don't do it too often.

Re: The Great Resignation? More Like the Great Renegotiation

#187

Post by melenaboija »

VoodooJuJu wrote: post #182
bjourne wrote: post #104

"Yet, despite all the quitting and renegotiating, the real wage for the average American worker — meaning the true value of their paycheck after taking into account inflation — fell by 2.4% in 2021." All while the world's elites have doubled or tripled their fortunes. Great Robbery would be a more apt name than Great Resignation.

>All while the world's elites have doubled or tripled their fortunes Who and how?

https://www.cnbc.com/2022/01/19/worlds-billionaires-made-5-t...

Re: The Great Resignation? More Like the Great Renegotiation

#188

Post by MattGaiser »

lotsofpulp wrote: post #185
MattGaiser wrote: post #168

Earlier quoted context omitted.

It really seems like you are most valued the day you are hired, with your value declining by the day.

The whole concept of value in terms of business transactions seems weird to me. It is ill defined and unactionable. Either you agree to buy or sell at a certain price, or not. “Value” plays no role in the determination of prices.

Well, what the business will pay for you declines the longer you stay.

Re: The Great Resignation? More Like the Great Renegotiation

#189

Post by mcv »

MattGaiser wrote: post #168
willcipriano wrote: post #164

Earlier quoted context omitted.

It's a clear signal, the company values you less than when it hired you. When leaving a company like that I find it best to frame it in a way that they were unhappy with you. "Hey look I know you are trying to spare my feelings, but that is 6 percent less than inflation, clearly you want me out of here but didn't have the courage to lay me off. Thanks for the heads up, I've found another role."

It really seems like you are most valued the day you are hired, with your value declining by the day.

So in order for us to keep our value, we'd better switch as often as possible, I guess. As long as companies aren't giving reasonable raises, at least.

Re: The Great Resignation? More Like the Great Renegotiation

#190

Post by giantg2 »

bjourne wrote: post #104

"Yet, despite all the quitting and renegotiating, the real wage for the average American worker — meaning the true value of their paycheck after taking into account inflation — fell by 2.4% in 2021." All while the world's elites have doubled or tripled their fortunes. Great Robbery would be a more apt name than Great Resignation.

"meaning the true value of their paycheck after taking into account inflation — fell by 2.4% in 2021."

This has been going on for like 30-40 years. It's sad, but nothing new. I got about a 4.5% value cut this year.

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