Couple years with no raise. What y’all doing to make ends meet?
17 replies (most recent on top)
I look forward to the day they call up many of us former Denver and Jacksonville associates begging us to come back and work remote.
I can’t wait to give a big “he-l F’n No” to them. Unless they triple the salary and give us a big ol signing bonus.
Honestly if I get an offer even if it is only a thousand more than my current salary I’m taking it over waiting for severance. Unless if it is a month away then I’ll tell the new employer I need 4 weeks to transition my responsibilities.
@1a8
At least someone in Frisco will do more with less income than Denver (property taxes not included as they are 4 times Denver’s tax amount) which makes owning and renting a home rather expensive monthly factoring in Escrow. In Denver people can avoid escrow and pay property taxes from their bonus. Can’t do that in Frisco.
But I doubt people are going to take a job here for 60K when they can go to other companies and make 10-30k more. Unless they are straight out of college but even then they will try to demand a higher salary and look elsewhere.
https://www.salary.com/research/cost-of-living/compare/denver-co/frisco-tx
It seems pretty obvious to me. They aren't giving any raises because they WANT anyone making $100k who isn't a director or higher to leave. They'll either split the work between whoever is left over or ship the position to Frisco and hire some warm body who will think their new $60k salary is fantastic.
This company is in active managed decline. It's got to be dawning on you by now. If not, wake up. If they were interested in growing and becoming a great company, do you really think they would have hired a CEO who had never been a CEO before?
To quote Frank Sinatra in I've got you under my skin, "Don't you know you fool, You never can win. Use your mentality Wake up, Wake up to reality...."
@137+1jvb16tfj if true makes no sense but remains par for the course for the last 4 years (oh right same time as temu).
Who in their right mind thinks that $100K is a lot of money and doesn’t deserve increases for going on 5 years now.
Sure anyone in the 50-95K thinks it’s a lot. But leadership makes hundreds of thousands and even double digit millions.
When I first started 20+ years goI could get by on my salary just fine below $50K. Even took a pay cut from my former company to be here, and I also saved a bunch for retirement too. When I finally hit 100k, it was just in time to be told I was not getting a raise. So since then I’m struggling to make ends meet.
You want to stop raises for folks it should start at the 250K mark not 100k since that is less than the 50K I was making 20 years ago in the grand scheme of things.
By not giving a bare minimum of COL raises how will we continue to contribute to retirement with rising inflation.
My retirement plan is to basically to die before I can use it and hope it is enough for my family, if they can even get it should this company not crumble to the foundation.
Hearing that it’ll be another year of no raises for people making +$100k…
Get all the AI training you can and level up with a gig. It will benefit you here and everywhere.
I do about 3 hours of work per week mainly due to the fact that 93% of my week consists entirely of waiting for Nuveen to do anything.
People have entire brick and mortar businesses or 2nd full time remote jobs while working at TIAA. The company is on autopilot. The work itself isn’t hard, it’s the mental acrobatics of the leadership and culture that’s exhausting. I suggest you scale back the energy you give TIAA (4hours/day max) and find something else to make additional income. It’s honestly the only way to get your paper right. Play the game to your advantage.
@a6+1jvb16tfj Dude. You made zero sense I. Your response.
No where is a coffee $12. But I also agree don’t need Starbucks every day because their coffee is disgusting and special drinks are over sugared and high in calories.
Food delivered? Won’t save much. But yeah definitely don’t get groceries delivered that’s just d-mb.
New phone every 2 years … they are usually free or very cheap with trade in specials at all major and some minor carriers, so…
Uber/Lyft is cheaper than owning a car for city folks to get to the office for their 3 days a week…
People need vacations or staycations spending 100% of time at home/work is not healthy. Trust me as I haven’t been on one in a very long time. Not saving any $$ skipping them but paying more at the doctor for stress and other health issues.
What I mean who buys a new house more than they need or a move every couple years? I would think folks in this board don’t have an issue with a massive unnecessarily large house since we don’t have that kind of paper right. Housing costs vary across the country, the FED has insanely high rates and property tax increases yearly so hard not to live inside or outside your means regardless of
As for the car I agree if you own them … but this is where I believe leasing is far better. Get a new car every 2-3 years usually don’t have to pay one dime after trade in and less maintenance needs than keeping a car past its prime which usually is right at 5 years.
Selling printer toner and office supplies. Just kidding….maybe.
If I deliver your pizza just pretend like you don’t know me.
Cut coupons while sitting in the office.
I cut a Dominos coupon the other day and put it on the bosses desk. Can’t wait for the next pizza party.
@as+1jvb16tfj I’m gonna have to try that. Maybe I can go deliver Jimmy Johns in downtown Denver for a couple of hours during my lunch break and for dinner before I leave the office. Plus I’ll get a badge in for 5 days a week. Perhaps I can even badge in on weekends to deliver to security and other company associates in the building max out my in office average…
Turns out you can DoorDash on the clock. Not a bad way to make the extra $30,000 that the company decided I have to find on my own through no raises, poor bonuses, increased expenses, lowered benefits, and no promotions the past few years.
It’s the only way to get my paper right. Thanks T, you fu--ing bi--h.
Selling my bodily fluids - you get really good money for Plasma.
No but seriously I took a loan from my 401k some 20+ years before I retire for one and may have to take another one out this year. Apparently hashtag RetireInEquality is for participants only, not peon employees below level 3 of the executives
Um… Above average … my you know what!...
I applied for a job doing basically the same thing as I am now and the range is at $40k more than my current range here on the low side and $25k more on the high side. The bonus is 8% less than what I got in Feb (which was my highest ever here) but if I get the offer it’ll be worth it and I won’t look back.
Money Tips: Stop buying $12 coffees, getting food delivered, buy new phone every 2 years, using Uber and Lyft, financing a vacation, buying a bigger house than you need and buying a new car before you paid off your current one.
TIAA pays above average salaries and bonuses. No one is struggling to make ends meet. If you are no happy with the compensation, leave.