I gave 25% to match the amount of extra money printed by the government

Jan 13, 2022
1:12:00pm

OU Cougar Truly Addicted User

Inflation will be going up for a couple years like this at least. Biden playing Robin Hood to take from the rich to give to the poor while his assets are in China should give us all something to consider next election.

This message has been modified

Originally posted on Jan 13, 2022 at 1:12:00pm

Message modified by OU Cougar on Jan 13, 2022 at 1:12:25pm

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OU Cougar

Previous username: BYU on the way
Bio page: OU Cougar
Joined: Oct 22, 2002
Last login: May 5, 2024
Total posts: 41,949 (336 FO)

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Messages

Author

Time

How is your company/business dealing with cost of living increases this year?

CaliWG

1/13/22 1:08pm

They use a market reference to set pay, so it largely depends on what others do.

SalmonOfCapistrano

1/13/22 1:09pm

When I worked in corporate and salary raises came around, I was always surprised

crack

1/13/22 1:22pm

We’ve increased the wages of our front line/hourly workers, everyone else

brazilcoug

1/13/22 1:11pm

I gave 25% to match the amount of extra money printed by the government

OU Cougar

1/13/22 1:12pm

Increase costs to customers. Stiff employees.

JuicyJam

1/13/22 1:13pm

Mine doesn't

Pro Logic

1/13/22 1:15pm

I'll find out next month. I'm hoping to get enough to cover inflation, but

Mister P

1/13/22 1:19pm

Pretending it does not exist. Budget for raises did not change - 3% of salary

PaxDog

1/13/22 1:20pm

Raising prices and giving employees raises

wabluecoug

1/13/22 1:23pm

They aren't. No COLA for us. No regular increases in a normal year.

Eddie

1/13/22 1:26pm

Mrs Crack's company hasn't said anything - but I think she might handle it on

crack

1/13/22 1:28pm

Our overall U.S. salary increase was 7.7%, highest in years if not highest ever

NOCAL_YFAN

1/13/22 1:48pm

"We don't cut wages when there's deflation so we don't plan to match inflation"

mottman

1/13/22 1:49pm

Yeah, run from a company that says that.

NOCAL_YFAN

1/13/22 1:52pm

They aren't wrong

FatThor

1/13/22 2:16pm

...because there aren't years when deflation is a real thing in the US

SalmonOfCapistrano

1/13/22 6:40pm

But when inflation is 1-2% I still get better raises

FatThor

1/14/22 3:08pm

They will feel wrong when they start losing employees and have to try and

Charles Darwin

1/14/22 10:28am

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