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(Slate)   A discussion on annual salary increases - from someone who clearly doesn't understand inflation or the consumer price index   (slate.com ) divider line
    More: Asinine, inflation  
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3082 clicks; posted to Business » on 20 Mar 2014 at 12:30 PM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-03-20 02:00:26 PM  
1 vote:

meat0918: rumpelstiltskin: If you're a responsible adult and don't spend more than about 20% of your income on goods and services for consumption, then inflation and the CPI really shouldn't have much to do with your annual salary discussions.

/30% if you're temporarily distressed.

Did you really just say that if you don't spend your money, you don't need a raise?


It's most efficient if your boss provides your food and shelter.  Then you don't really need any money.
2014-03-20 01:32:29 PM  
1 vote:

HotWingConspiracy: sendtodave: TheSelphie: I'm out if my boss doesn't give me a substantial raise after starting my pay under market and then giving me the standard, everyone gets it 2% increases after two years.  She knows this and I'm pretty much essential as far as she's concerned, but it's been a week since the discussion and I haven't heard anything.  When do I put up a racket, assuming I don't get a hard job offer from another company by then (I have a few prospects)?

Are you doing more than you were before to justify the pay increase?

Good.

Are you doing about the same amount of work as you were the previous year?  Then you should get paid the same as the previous year.

What, you think your labor is magically worth more or something?

LOL, this clown thinks working more means something.


You know who works hard?  That single mom, working two fast food jobs.

Good for her.  She will be rewarded.  Hard work builds character!
2014-03-20 12:51:09 PM  
1 vote:
Tag line - Vanessa Merit Nornberg is the owner of Metal Mafia, a wholesale body and costume jewelry company located in New York City.

 Oh, so you sell crap imitation jewelry! Please tell me more of how you have solved the entire employee employer relationship.
2014-03-20 12:49:26 PM  
1 vote:

sendtodave: Are you doing more than you were before to justify the pay increase?

Good.

Are you doing about the same amount of work as you were the previous year? Then you should get paid the same as the previous year.

What, you think your labor is magically worth more or something?


Inflation erodes your wages some amount, lets say 2-5% every year.  Should I do 2-5% less work every year if I don't get a raise?  No?  Then shut the fark up.
2014-03-20 12:40:15 PM  
1 vote:

Marcus Aurelius: Wages must be based only on productivity.

So the CEO is only going to get paid 10 times as much as a secretary?

They're not going to like that.


The CEO can claim the whole company's worth of productivity.

He's n times more productive than another worker, where n is the number of workers.  So, he should be paid n times more.  Plus retention bonuses, etc.
 
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