Re:Tech Salaries in 2022: Why the Six Figure Pay Makes Techi...
by DSMan195276 on Wednesday May 11, 2022 @10:07AM
(#31340143)
> The employer is the one taking that extra value
I'm not sure that's a reasonable conclusion for most cases. Inflation is not uniform across the board, depending on who your employer is they may not have raised their prices by whatever the average inflation rate was, meaning the company as a whole is taking in less value (based on their prices hikes vs. the inflation rate). So the new value from the inflation rate is not "going" anywhere, it's just not there.
That's not to say you shouldn't argue for raises anyway, but just that it's not like every company is suddenly taking in X% more dollars because the average inflation rate is X%.
I'm not sure that's a reasonable conclusion for most cases. Inflation is not uniform across the board, depending on who your employer is they may not have raised their prices by whatever the average inflation rate was, meaning the company as a whole is taking in less value (based on their prices hikes vs. the inflation rate). So the new value from the inflation rate is not "going" anywhere, it's just not there.
That's not to say you shouldn't argue for raises anyway, but just that it's not like every company is suddenly taking in X% more dollars because the average inflation rate is X%.