Thread regarding Wells Fargo & Co. layoffs

Pay Adjustment Proposal

Here is what I propose as our people are hurting due to high food and gas prices.

  • a) Under $40K/year - Increase pay 20%
  • b) Under $60K/year - Increase pay 15%
  • c) Under 100K/year - Increase pay 10%
  • d) Under 150K/year - Increase pay 5%
  • e) Over 150K/year - no change

What do you think?

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| 1822 views | | 19 replies (last June 22, 2022) | Reply
Post ID: @OP+1hlnXW31

19 replies (most recent on top)

Another useless stupid post

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Post ID: @1wwa+1hlnXW31

is the OP paying?

Businesses operate for profit, they can be sued by shareholders if they do not produce enough profit.

They don't make a lot of profit by giving out raises.

I get it, the system is messed up, but this post is useless.

Learn more about how capitalism works in the USA in 2022 and then post a useful comment.

Maybe even something about layoffs.

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Post ID: @1oaf+1hlnXW31

You expect too much from a d-mpster f-re.

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Post ID: @1eba+1hlnXW31

Do any of you make less than $60k a year? Gross….

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Post ID: @1rbb+1hlnXW31

You will own nothing and be happy.

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Post ID: @1yua+1hlnXW31

What a dreamer!

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Post ID: @1pke+1hlnXW31

Give more money to the poor and all that money will end up in the pockets of the rich.

The poor spend it on goods and services owned by the rich.

Nothing ever changes.

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Post ID: @1scf+1hlnXW31

They raised the minimum wage to over $20/hr, that's close to double from just a couple years ago. The problem is it's never enough. Sometimes you just need to work for yourself and not expect handouts

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Post ID: @1mwl+1hlnXW31

Look how weird we are - this post asking for more $$$ to be distributed to the worker and we collectively down-vote it into red font oblivion...

We do not deserve justice.

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Post ID: @oeq+1hlnXW31

OK @gro that's the mantra from the past. Where did it take us? The rich are getting richer. They keep telling us just do good work and all will be OK but it never happen. Their kids are taken care of for several generations. You and I toil in the trenches and get nothing. Are you blind? The system is rigged.

Yeah because your pay should be based on what your bills are. Give me a break. People get paid for what their skills command in the market - not what they spend it on.
It’s stunning to think the OP works at a financial institution with such a weak grasp on basic principles of economics.
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Post ID: @zxz+1hlnXW31

It is terrible. I earn 150.01k

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Post ID: @vxk+1hlnXW31

those of us making over 200k already don't get a yearly increase. my expenses are up to. insay give everyone a 5% bump and then when we get into negative inflation in the coming years take it back

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Post ID: @onb+1hlnXW31

Hilarious to act like the USA hasn't been printing money wi--y-nilly for decades.

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Post ID: @cpl+1hlnXW31

I'll take it

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Post ID: @tdf+1hlnXW31

We already have vastly different Medical Rates, different HSA contributions, etc. Looks at the State and Federal Tax system, same thing. The wealth destruction on the wealthy's savings is also far heavier. You can get the masses on board with socialist policies but in
the free market, the only thing this proposal will do is drive highly skilled talent to competitors who will adjust their comp for inflation. This also has design flaws, your better off making for example 148K than making 150K.

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Post ID: @omc+1hlnXW31

How about pay for performing, instead of pay By poverty level. Sounds like a union rule…

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Post ID: @hyc+1hlnXW31

Yeah because your pay should be based on what your bills are. Give me a break. People get paid for what their skills command in the market - not what they spend it on.

It’s stunning to think the OP works at a financial institution with such a weak grasp on basic principles of economics.

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Post ID: @gro+1hlnXW31

i will take it
under 40k are mostly part timers and students

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Post ID: @nty+1hlnXW31

amen bro

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Post ID: @ypa+1hlnXW31

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