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The always positive internal news was selling young professionals on rock wall career moves. When they talked about it articles it was actually described as a lateral move. No promotion, no pay raise.
Anyone remember when employees complained about inflation to the CEO during a livestream? CEO's reply to double digit inflation was "get promotions." People are struggling with groceries, housing, medical, etc and CEO be like: just go get that promotion!
Every year we get work work and responsibilities and get paid less (when you take in account inflation and less bonuses) f this place
Who’s supposed to pay my bills? Has anyone noticed the cost of living skyrocketing? Housing, mortgages, it’s all out of reach. Everywhere I look, there are layoffs. I’ve been trying for almost a year to land something else, just to get ahead. I got a couple of offers, but none worth even considering. I even looked way outside my skillset and in cheaper locations. Nothing. Feels like most of us are running out of options.
https://www.governor.ny.gov/news/governor-hochul-announces-inflation-refund-checks-are-now-being-sent-82-million-new-york
Over the past two years, soaring inflation has eroded household budgets while Bank of America held salary increases well below cost of living gains, leaving real wages stagnant as unemployment ticks up to its highest level in over two years; at the same time, health insurance costs are climbing, premiums are set to rise around 6 percent next year and average deductibles are increasing further squeezing workers’ finances.
What comprehensive measures can individuals take? Do you suggest any tactics to deal with this?
I make what I thought was an ok salary for a 602 in HCL area, until inflation hit my pocket book really hard this year. I’m below the low end of the range advertised on similar jobs in the job portal. Commute ki-ls, but I love my work. I’m finding it really hard to afford much now. How is everyone coping. I know it’s not a JPM-specific question, but I’m wondering if they will ever adjust salaries to align with at least the lowest band. I feel ashamed to say sometimes I eat just once a day.
Any word on what the COLA will be for the pension for 2026 ? Inflation is high and I took the monthly annuitie.
cancel your car bookigs, subscriptions, home bookings, tech folks are being cheated by govt and firms.
Prices jacked up to su-k all our pay and leave us vulnerable and exploitable.
It is safe to say that the merit raises for the Accounting Department were total BS. Did not come close to keeping up with inflation.