Worker pay isn’t keeping up with inflation

Post by manmal » Fri, Dec 17, 2021, 8:51 AM UTC

turbinerneiter wrote: post #124

vlunkr wrote: post #116

Earlier quoted context omitted.

I don't know, if you hang out in certain parts of the internet, it feels like a revolution is coming, but it reality Bernie still can't win the primaries, so I don't think the numbers are actually there. But I also won't be surprised if the next generation of voters is more socialist-leaning.

The revolution will not come from the left. The "left" elites have forgotten the people, and the left in general is talking more about identity issues than class issues. The revolution will be more Trump than Bernie. Like in the early 1900, where more revolutions where fascist than communist.

Post by tonfa » Fri, Dec 17, 2021, 8:52 AM UTC

dgellow wrote: post #146

Surely a naive question, but is there a reason it isn’t standard practice to index salaries on inflation? That would make sense to me. But I know very little about the topic.

Post by Ekaros » Fri, Dec 17, 2021, 8:56 AM UTC

MrPatan wrote: post #180

the-alt-one wrote: post #164

Earlier quoted context omitted.

Eh, I'm unionized and had a 13% pay raise. To be fair, they motivated that by saying that I should get up to speed with other engineer's raises instead of staying at a junior level (yes, I'm bragging).

What I'm reading here is the union kept your initial wages 13% below market

Post by sorry_outta_gas » Fri, Dec 17, 2021, 8:57 AM UTC

aeternum wrote: post #37

wing-_-nuts wrote: post #20

We had an all-hands meeting recently where we got to submit anonymous questions. One of the questions was 'with inflation rising at 6%, will the company reconsider their 'standard' 2% raise?' The lady answering looks dead in the camera and goes 'Honestly? No' and goes on to talk about how we're reasonably competitive with the local market. Hey, credit where credit is due, at least she was a refreshingly straight shoo…

It's foolish to raise by 6% across the whole company when most employees are too lazy to interview elsewhere. Whether or not employees are actually worth 6% more they should not have a problem finding a new job in this market (that will pay 6% more).

Post by riknox » Fri, Dec 17, 2021, 8:58 AM UTC

onion2k wrote: post #203

JimBlackwood wrote: post #118

Earlier quoted context omitted.

Look at it from this point of view; if your employer is so unhappy with you that, even when you’ve shown your skill, he’s unwilling to pay you a competitive amount then it’s clear you don’t really have a future at your current job. A new company is willing to risk it on you, while paying more than your current job where you have experience. No surprise they leave in a year anyway.

if your employer is so unhappy with you that, even when you’ve shown your skill, he’s unwilling to pay you a competitive amount then it’s clear you don’t really have a future at your current job This is the crux of the problem - people assume that anyone going to their boss asking for a raise is underpaid. That isn't always true. When someone goes and finds a new role on more money it's almost always at a higher leve…