Anyone else thinking of finding a new job that offers real flexibility and proper inflation adjusted pay? After bonus is paid.. of course.
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Can't believe they pulled of that Sh..t less than inflation
So what enb you get less from me, LOL
"Everyone I've ever been close with that left Enbridge has always gotten a higher base salary, more PTO, and mostly recently, get 100% wfh."
I would suggest that diverges from the actual common experience. Maybe that's true for people hired in the last five years, but for people with more than that tenure, that's just generally untrue.
I'm a long term employee. I have an excellent salary, 6 weeks vacation plus 12 SDOs, and I expect some work from home component when the pandemic ends, but not all.
Hard to beat that.
Everyone I've ever been close with that left Enbridge has always gotten a higher base salary, more PTO, and mostly recently, get 100% wfh.
If you think you can't get more by leaving then you're either severely overpaid or don't have the self worth to believe you can get more. I encourage everyone to go interview and see what kind of offers you can get. Always negotiate for more.
Sigh..... It sucks, but ENB does pay very well and its tough to find anyone else willing to pay more. But about deflation? Didn't we all give back 3% a couple of years ago to AM? So its proven that ENB is willing to put their hand in your pocket if wages contract. But it seems that the door only swings one way, and its not in favor of the employee, let alone the contractor.
Yes. It's called an escalation clause. Were I am company protecting against such a clause, I would negotiate as low an entry salary as possible to push the cost further down the line.
I don't know how Enbridge salaries compare, union vs. non-union. I'm non-union, and I'm paid well enough that I could not leave and get an equivalent salary anywhere else for similar work.
Many unions have inflation negotiated in. This isn’t something new
Show me an employer who specifies "inflation adjusted pay" on their offer letter.
Okay, well, anybody can run out and get themselves jobs where the rate they are paid plus next year's inflation adjustment brings them to more than they are being paid at Enbridge without it. Good luck, and godspeed.
For the record, Bank of Canada CPI clocks in at 4.4% for 2021.Goods increased more than services.
People like to call the raise a "cost of living increase", but nowhere is that a legal term, nor a target. It's a hope. As somebody else pointed out below, should a deflationary year come around, nobody would be particularly pleased by a "cost of living decrease".
The only thing inflated around here is IP's ego. Someone needs to take these elitists down a level and realize Enbridge is a family and a team and we are all valuable
True inflation is high right now. But when inflation goes down are you also willing to take less of a raise? There are positives and negatives if you want to tie increases to inflation.
You aren’t guaranteed anything. If you care to prove otherwise feel free to post it here for the world to see.
In IP we are guaranteed a minimum 5% baseline increase which is a premium compared to the general workday guidelines. But that is due to our obviously significant contribution to the company's financial performance. We have been told to expect closer to 10% this year for average performance as recognition for all the incredible ideas, projects and overall skills retention to keep the group in the company. I don't need to say much more than Line 3 Replacement to make it obvious the connection between IP and Enbridge success. A 10% annual raise and double the going rate for bonus and stock retention is a small investment to make for hundreds of millions in additional revenue per year. IP should be an acronym for "incredible rate of return"
Yeah that feels about right. Except the real inflation rate is higher than 6% so it’s even worse than -3% purchasing power. But you can only work with the numbers those liars in the government give you to work with.
ENB People Leader here. Avg raise for an average performance review, will be about 3% this year. This is from the compensation model in WorkDay. So in other words, in the US you get a 3% pay cut. (6% Inflation - 3% merit = -3% in spending power.)
Enbridge, where the longer you stay, the less spending power you have...
I’ll be interested to see what raises look like this year. I’m sure they won’t be much.