Expect the economy to stall out. This will give power to employers and suddenly benchmarking will say you are Overpaid so no raise for you!
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@fd Well, then pick better examples to your point.
And it’s not algebra, it’s calculus.
OMG people, @bg here...
This is EXACTLY why so many of you are being replaced. The fact that some of you immediately rushed to explain the algebra only proves the point. Anyone, including AI, can recite the rules.
What was missed is that I wasn't making an algebraic argument. It was a practical and outcome-based one. Not discussing a mathematical ratio... LOL.
In THIS real-world ALLOCATION scenario, the result is effectively $0.... no budget, no distribution, no raise.
Sometimes practical reality is more relevant than being theoretically correctness. The ability to recognize the difference is the kind of thinking that creates value, both here and in the real world.
Looks like the young democrats are much more active on this board than the boomer republicans.
@c5 Tell that to the executives getting paid eight figures. They seem pretty happy.
@bg
Math much?
@c8 All these REs are small-m millionaires who think of themselves as tycoons. They’re the “temporarily embarrassed rich folk” H.L. Mencken told us about.
Trust me, they’re all going to be perfectly fine provided they aren’t trying to retire to Monaco or Zurich or something like that.
@OP Have you guys ever tried spending less money than you earn? Seriously, you should try it sometime. You might actually get rich. I guess that's too complicated a concept for people earning six-figure salaries. Hard to believe they pay you this much and you still can't figure it out. And what's with all the investment braggarts? "Look at my stocks! Look at my portfolio!" Really? Well, look at YOU. Still badging in at the gate every morning. I thought investment geniuses were supposed to make their money work for them. Yet here you are, whining, "Where's my raise? Where's my raise?" Overpaid and really d-mb. What a combination.
@OP What do you need more money for? I mean, seriously there is not a raise big enough to cure the misery in your soul. At some point, you're going to have to realize the problem isn't your paycheck. It's you. And the solution to that is free.
Just another excuse to not provide employees raises. I’ll go one step further and they’ll blame layoffs in the election.
@bg 0/0 actually converges to infinity.
@OP The economy was already stalled, salaries have been flat for years, the tech bros have been putting jet engines next to people’s houses, eggs are over $10 dollars per carton, and we’re losing a war (that we started) to a middling regional power.
This is why the dems won. You don’t own hundred of millions of shares in crypto or AI, so I’m not sure why you care about stocks…what’s actually needed is economic relief and worker protections. Republicans had no intention of doing either.
And no, I don’t want a data center next to my house. If they’re so good, let the tech bros build them in their own neighborhoods.
Last time I checked, 0÷0 still = 0
Upset about losing hundreds of thousands on stock market.
No raise then either, but at least my stocks were high.
Did you get a raise in the last couple of years when the stock price was high?