Re:The layoffs will continue until (investor) morale improves
by fzeroracer on Sunday March 26, 2023 @06:41PM
(#35320451)
Whose fault is it exactly when staying at a company results in my salary going down over time?
No one is asking for endless growth on the employee side. But growth should match responsibilities, and if I gain more responsibility over time then pay should match. And if my salary can't match inflation at minimum then you're telling me I should be paid less for my current work.
This isn't the case because companies prefer to funnel that money to investors. Note that privately owned companies or worker owned companies avoid this issue more often.
No one is asking for endless growth on the employee side. But growth should match responsibilities, and if I gain more responsibility over time then pay should match. And if my salary can't match inflation at minimum then you're telling me I should be paid less for my current work.
This isn't the case because companies prefer to funnel that money to investors. Note that privately owned companies or worker owned companies avoid this issue more often.