Mine is not...
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@eb I meant paycut...damn autocorrect...
It never does.
However.
Are you willing to take a paycheck if there is no inflation or deflation?..
I think you are not.
Find a job paying better within or outside. That is how this game plays.
Pay raises not keeping up with inflation are why are employees dont give a f ck
The only thing that really helped are the 3% 401k match and the Stock Together program. However for the first time in 20 years I am being forced to drop my 401k to zero because I can't keep up with life expenses. Now the rumor is stock Together goes away too? Not sure what I am going to do for money for my family.
At 61, no kids in the house, no debt (own the house...I built it myself for $200K, now worth 1M) and i live below my means each month. 30% of my paycheck goes into MM savings that I can draw on if I need it. Now I worked hard to get to this place and thats my point, along with the other poster...set the priorities in life. My cars are 1997, 2012 and 2019. Nothing newish really but I maintain them so they should last my lifetime.
Each morning you should tell yourself, this might be the last day working here. I always check the job listings, just to know. I've had "that" day 4 times in my career. So I prepare. But then at work, I give it 100% each day. Thats what they pay me for.
Inflation in some years were almost 9pct. No company giving 10pct raises. That money needs to come from somewhere. However, answer is not even close. Since 2021, paid off 3 cars, wife now works part time, I am making 20k more because of promotion, yet we are almost exactly where we were financially. A 40k car is now 55k. Our insurance up 18pct, electricity is up 20pct, fast food and restaurants up 40pct, etc. So the 3pct bpi is not working. But also not expecting it to keep up w Inflation.
@bq can you direct me to where I can get my hands on some of this money?
Most of our group got 1.5-1.75% BPI last year
@aa Seek help. Employee resource URL might be a good start. Financially, there seems to be a ton of money available in Minnesota at taxpayer’s expense. You might be able to get in on that squeeze play?
there's nothing wrong with this question.
nope, it's not keeping up with the inflation.
@ad: what, write clearer and preferably English!
Nope, been here 14 years and I calculate that if I work in inflation I'm paid $15k less than I was when I started.
Like someone else said, I think that's a corporate thing. And I still think I'm 20% advice market salary wise
Trumpflation is ki-ling me! Where are the DOGE and tariff rebate checks? Where's the Republican's better than the ACA healthcare plan, promised since 2016?
@OP You should switch places with someone who was notified of layoff. Than let's see if you ask that question.
@OP They will have to layoff more people just to keep your pay slightly above inflation. Is that what you want? I think just having a job with healthcare is good enough at the moment. Instead try not spending on things you really don't need. Try saving money and spend on thing you really need. Stop buying band name items, they cost a tone. Go without junk food or dining out. Bring your lunch from home instead of ordering it. How do you think all those people in the third world survive? Maybe we should make it mandatory for every high school kid to spend a month in a third world country to appreciate what they have in USA.
3% BPI last year. Most on my team got 2.5%.
So not keeping up with inflation. But I think that's more of a corporate thing, not a VZ one.