Don't forget the company meetings where leadership says things like "this is the best quarter we have ever had", along with "we need to work harder to stay competitive". Sigh.
this post was submitted on 11 Aug 2023
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“Despite making record profits, we still didn’t hit EBITDA this year, therefore no bonuses or raises. Merry Christmas!”
That's not true. The senior management team will be getting raises in line with inflation and also huge bonuses for those record profits. Not to mention their share value increasing.
Danny-fucking-Kaye
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In Belgium we have automatic wage indexation based on inflation of certain product. Some right wing parties want to get rid of it, but luckily it's still here.
https://en.wikipedia.org/wiki/Consumer_price_index_(Belgium)
Sounds like right wing is just as evil and stupid in the east as it is in the west..! :-)
You have no idea how lucky you are. Then again, you have to live in same country as Charleroi, so it kinda balances it out.
And remember, 10 years from now, you'll be nostalgic for this shitty time.
If a climate change superstorm, AI, riots, famine, etc haven't gotten around to killing you yet at least. Lucky dead bastards.
Hopefully I can replace myself with an AI and then she can deal with this shit.
I remind myself of this every time I start feeling nostalgic.
Cool old C10 truck? Wait a minute those things were $200 any day of the week when I was 18 (because they were and still are trash)
When theres literally people in the UK screaming about NHS workers getting a 5% pay rise when NHS workers earn significantly less than they would doing the same work in the private sector and considering that people actually get free healthcare from the people wjo got this pitiful raise is absolutely soul destroying. Especially when you take this meme into account.
Those people always seem to ignore the fact that 5% increase on sod all is still sod all.
You guys need to unionize and fight for raises that exceed the inflation rate. Here in Brazil, we have this in almost every type of labor.
Five years ago, the right-wing began dismantling the unions' monetization system in an attempt to break them, and they also raised the retirement age. However, the unions are still doing their job, and every year we receive a raise above inflation.
The current left-wing government has already said that they are working to recover a monetization system for unions. They are studying a way to implement this in a manner that will make it difficult for a future government to repeal.
Some industries like programming are not quite as simple to get unionization going. Pretty much only public sector jobs have unions when it comes to programming. I wish that weren't the case. On the flip side though, the abundance of programming jobs (when there isn't a damn near tech recession) makes switching jobs to get a huge raise pretty clearly the way to go.
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"We're making record profits!!!...
...No Steve, you can't have a raise. Here's a bag of Fritos!"
We made record profits but we projected unattainable goals so you can't have a raise
Steve, if you keep complaining with your coworkers, you'll be fired. You know what, you're fired. And your coworkers, too, the company can't keep up with your expenses.
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Many employers in my country are now just giving a raise to their senior executives , management and above , while keeping the low level employee wages stagnant !
Job hopping again for this reason. Really wish employers would pay people to stay, unfortunately employer loyalty is non existant.
It would be funny if it didn't hurt so much. Rent is too high, grocery bill has me intermittent fasting, and I walk/bike instead of driving now. Shit is rough out here.
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Yay, Now I'm not losing money as fast.
9.1? Jajajajajajajajaja (laughs in argentinian 120% yearly inflation rate)
More like greed. Inflation because they have record profits, pay their employees less *(relative to inflation )and charge more for their products
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My wife just got a 4% pay increase but then the insurance premium went up by 11%. So she really got an 7% pay demotion.
Her insurance premium is 100.2% of her salary?
Maybe, I obviously don't math well
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It's almost as though the governments should do their jobs and fucking put cost controls. Seriously, we need some new economic thought/ practice. Just like how several generation's ago they figured out that wages are sticky, they need to put cost caps or restrictions to stop this shit. Instead of cutting the money supply and people's lifelines, they need to fucking tell businesses to cut the crap and stop the bullshit. Since then pandemic every industry feels like they can price gouge and get away with it. It's fucking ridiculous. If you put a stop to that, then you have some hope of resigning in inflation.
I'd rather have a windfall tax that taxes some high percentage of all profits beyond a certain percentage in order to disincentivize this sort of profiteering.
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'Muricans flexing with 3% inflation
3% raise, huh? How about no raise
Fuck I hate this world we live in
Just heard there are no merit raises this year bc the company is hurting. Started looking for a new position since I doubt they will make up for the lack of a raise next year.
and they say inflation is good
Inflation is bad. Deflation is bad. It's all bad, really.
You fuckers are getting raises??! Goddammit, you're part of the problem!
I believe I got 3.2% this year and 2.8% next year, or in other words, I got completely shafted. Doesn't even cover food cost going up.
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