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Jan 13, 2022
1:20
:59
pm
PaxDog
All-American
Pretending it does not exist. Budget for raises did not change - 3% of salary
budgeted to be used for annual increases, promotions, and future win backs.
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PaxDog
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PaxDog
Joined
Jan 19, 2006
Last login
Jan 19, 2023
Total posts
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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
Big raise, best bonus ever. Just wish work from home/remotely was permanent.
Utefaninenemyland
1/13/22 1:29pm
Companywide 5% increase. A lot of promotions happening. I'll get a ~30% raise.
HomeTownHero
1/13/22 1:41pm
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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