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Re:Federal Reserve raises rates by 0.75% by bpodgursky on Wednesday June 15, 2022 @03:06PM (#31757802)
Have you asked for a raise?
Re:Federal Reserve raises rates by 0.75% by Supermancho on Wednesday June 15, 2022 @03:14PM (#31757931)
People at my company have, in all-hands meetings. Is the company going to raise our salaries to compensate from the widely acknowledged inflation that's going on, given the company nets billions a year? No comment.
Re:Federal Reserve raises rates by 0.75% by willcipriano on Wednesday June 15, 2022 @03:27PM (#31758130)
Stop thinking of yourself as a employee and start thinking yourself as a services vendor. They aren't going to raise your rates of their own accord, you need to go out and generate leads for that to happen.

In a high inflation environment you may find yourself in a position where you have to shift more resources to sales rather than operations. Your current situation with it's pre-inflation salary might just not meet your business goals. Just like they may choose to spend additional income from inflation adjustments on things other than your salary, you can choose how much time you devote to things that are important to you depending on how they reward you.

Re:Federal Reserve raises rates by 0.75% by danaris on Wednesday June 15, 2022 @05:55PM (#31759945)
Fuck that.

Stop thinking of yourself as an individual employee and start thinking of yourself as a member of a union. Then actually form that union.

You don't get across-the-board raises by "generating leads". You get them by collectively bargaining.

And I reject entirely the notion that one should be only looking out for one's own gain.

Re:Federal Reserve raises rates by 0.75% by willcipriano on Wednesday June 15, 2022 @06:19PM (#31760149)
I went from washing dishes to six figures my way. Has your way done well for you thus far?
Re:Federal Reserve raises rates by 0.75% by 29083011397778 on Friday June 17, 2022 @02:55AM (#31774918)
Moving to a union environment has left me working fewer hours, getting better benefits, and more than doubling my salary. I'm glad things worked out for you [presumably in what is currently one of the hottest occupations], but a union has been a boon to my total compensation.
Re:Federal Reserve raises rates by 0.75% by danaris on Thursday June 16, 2022 @07:50AM (#31764893)
The whole point is this isn't about you. This is about all of us.

We live in a society, and we damn well need to start acting like it again, rather than the proverbial crabs in a bucket, desperately stepping on each other to try to get ourselves higher.

Re:Federal Reserve raises rates by 0.75% by willcipriano on Thursday June 16, 2022 @08:48AM (#31765443)
What union are you in?
Re:Federal Reserve raises rates by 0.75% by Nemi on Wednesday June 15, 2022 @03:25PM (#31758106)
Companies rarely increase wages of existing employees commensurate with inflation. You get the appropriate inflation-adjusted increase only when you switch jobs. It is the one bit of leverage you have as an employee - I would suggest using it. Complaining to management feels good but gets you nowhere.
Re:Federal Reserve raises rates by 0.75% by deathanatos on Wednesday June 15, 2022 @03:50PM (#31758493)
They used to. Some do, I hear.

My parent made a living working for the same employer. My SO's parent made a living working for the same employer. Somehow, not canning the entire staff every two years worked for their generation.

Meanwhile, I work for tech companies where hardly anyone knows anything because nobody has any experience because the entire workforce has to turn over every two years just to try to recoup what inflation has devalued their salary to?

Re:Federal Reserve raises rates by 0.75% by jcadam on Wednesday June 15, 2022 @03:52PM (#31758514)
You direct supervisor likely will even sympathize, but these decisions are made in most companies by people who don't even know your name.
Re:Federal Reserve raises rates by 0.75% by bpodgursky on Wednesday June 15, 2022 @03:25PM (#31758111)
Companies aren't going to do sweeping COL raises voluntarily. You should directly ask your manager, they most likely have the flexibility to make it happen.
Re:Federal Reserve raises rates by 0.75% by pojzon on Wednesday June 15, 2022 @03:54PM (#31758546)
Rehire for the same position.

Hiring budget is 3x bigger than rises budget.

Dont ask me whose retarded idea is that.

Re:Federal Reserve raises rates by 0.75% by Phrenzy on Wednesday June 15, 2022 @05:51PM (#31759914)
It was Mark's idea.

Who's Mark?

Oh, he worked here three years ago.

Re:Federal Reserve raises rates by 0.75% by jcadam on Wednesday June 15, 2022 @03:35PM (#31758247)
The company I work for is directly (negatively) impacted by rising rates, so I don't expect they'd be amenable to granting raises at the moment.