Failure to raise a salary in line with inflation is a pay cut. If we are going to be frank, the vast majority of people in the workforce are doing their jobs primarily for the financial compensation. They want the security of seeing at least a couple of zeroes in their bank account, and ideally …
Seguir leyendo He Felt He Deserved a Raise—He Only Received a 10% Offer When He Handed in His Notice
Categoría:pay raise
Boss tells employee she’s getting a raise, gives her a $12K pay cut instead: ‘Every paycheck is $488 less than what it used to be.’
Her boss doesn’t know how to do basic math, and she’s paying for it! It can be hard to know when you’re underpaid. A lot of people claim to be underpaid, even when their salary is pretty standard for their industry and experience level. Most employees don’t have access to their company’s books, so they …
Seguir leyendo Boss tells employee she’s getting a raise, gives her a $12K pay cut instead: ‘Every paycheck is $488 less than what it used to be.’
Top employee refuses to accept ‘Star Performer’ Award after making the company $7 million and getting a 3% raise: ‘He wouldn’t even get up from his seat to accept the plaque.’
Maybe he was too shy to accept an award in front of all of his colleagues. Or perhaps he’s insulted that he got a plaque for a month rather than a larger raise.
Company gives employee a 20¢ cost of living adjustment after 5 years of dedicated service: ‘Their reason? They needed to pay the C-suite more’
Everyone deserves to feel appreciated at work. The number one way that our jobs can show us appreciation is through money. It might be crass to say, but it’s true. It’s why we have such things as promotions and salary raises. We want to be shown that we mean something to the company, and money …
Seguir leyendo Company gives employee a 20¢ cost of living adjustment after 5 years of dedicated service: ‘Their reason? They needed to pay the C-suite more’
Worker turns down promotion of 30% more work with only 5% more pay, boss calls them ‘unambitious’: ‘Am I wrong for not wanting to sacrifice my entire life?’
Would you turn down a promotion if it meant sacrificing your personal life? Work-life balance can be a tricky thing. We all have our own version of what works. Some folks are okay with making a lot of sacrifices for their job. They are fine with being on call all the time, working weekends and …
Seguir leyendo Worker turns down promotion of 30% more work with only 5% more pay, boss calls them ‘unambitious’: ‘Am I wrong for not wanting to sacrifice my entire life?’
Employee works 7 days/week from January to June, is denied a raise at the end of the year: ‘Effectively, I will lose money this year to inflation’
This worker gave all their time to help their company, only to learn that they wouldn’t be rewarded for it. When you give your all to something, you probably want something in return. We’re taught that hard work will yield good results, so we spend our lives in pursuit of that goal. We go above …
Seguir leyendo Employee works 7 days/week from January to June, is denied a raise at the end of the year: ‘Effectively, I will lose money this year to inflation’
Business owner discovers he’s paying his employees 113% more than the average business owner in his area: ‘Similar firms are paying 35% less than last year.’
They’re deflating wages either because they’re greedy or because they fear the worst. Is 2008 going to happen again? It feels like it’s going to happen, but it just hasn’t happened yet. For the past year, everyone’s been talking about how bad the job market is, even though the stock market keeps rising. Everyone knows …
Seguir leyendo Business owner discovers he’s paying his employees 113% more than the average business owner in his area: ‘Similar firms are paying 35% less than last year.’
Company installs productivity tracking software that screenshots employees computers every 10 minutes, claims they can’t afford yearly raises anymore: ‘I’ve been at this place for 4 years and every year its the same story.’
It’s rough that she can’t call their bluff. It can be difficult to tell if the higher-ups at your company are being 100% honest with you. You’re not in the room when they discuss the precise figures for operational costs, revenue, and profit. You only know what they tell you, and what they tell the …
Seguir leyendo Company installs productivity tracking software that screenshots employees computers every 10 minutes, claims they can’t afford yearly raises anymore: ‘I’ve been at this place for 4 years and every year its the same story.’
CEO announces company exceeded revenue goals by 40% and had its most profitable year, refuses to give employees more than a 2% raise: ‘That doesn’t even cover inflation.’
How nice of them to give their employees a 2% salary increase. There are always some years when companies are struggling financially. It seems like every company has this pie-in-the-sky belief that every financial quarter is going to be more profitable than the last, and every year is going to be increasingly profitable forever and …
Seguir leyendo CEO announces company exceeded revenue goals by 40% and had its most profitable year, refuses to give employees more than a 2% raise: ‘That doesn’t even cover inflation.’
Employee of 3 years gets promoted after an amazing performance review, only gets a 1.75% raise: ‘I’m a father of 3 trying to make ends meet’
He deserves a lot more than a raise of 1.75% Many managers wish they could give their top-performing employees a bigger raise, but that’s simply not in the budget in this economy. It’s a harsh reality right now that we are probably in a recession, but the government just isn’t willing to call a spade …
Seguir leyendo Employee of 3 years gets promoted after an amazing performance review, only gets a 1.75% raise: ‘I’m a father of 3 trying to make ends meet’