Matter of fact, when you do get a raise you need to ask yourself if it’s truly a raise. Inflation decreases the purchasing power of your salary, so if you get a raise you might be getting what was your initial salary.
You did a fantastic job, blew all your metrics out of the park. You were herr 6/7 days a week for the whole year and did the work of 3 people. We couldnt be more proud of you. So I went to bat for you, really fought like hell, and managed to get your raise increased from 3% to 5&!!!
Just remember that I stuck my neck out for you. We’ve got a lot work coming in and I’ll need you to pick up some of the slack. Who knows, maybe this time next year you could be a team leader and switch over to salary. It opens a lot of opportunities.
Why not just freeze prices then? I guess because you still have to purchase goods from abroad that wouldn’t freeze prices? Inflation sucks and I hate it.
Matter of fact, when you do get a raise you need to ask yourself if it’s truly a raise. Inflation decreases the purchasing power of your salary, so if you get a raise you might be getting what was your initial salary.
You did a fantastic job, blew all your metrics out of the park. You were herr 6/7 days a week for the whole year and did the work of 3 people. We couldnt be more proud of you. So I went to bat for you, really fought like hell, and managed to get your raise increased from 3% to 5&!!!
Inflation was 8+%
Oh shit, I didn’t know you were on my last performance review call.
Holy shit are you my boss because that exact conversation happened to me last year!
Just remember that I stuck my neck out for you. We’ve got a lot work coming in and I’ll need you to pick up some of the slack. Who knows, maybe this time next year you could be a team leader and switch over to salary. It opens a lot of opportunities.
“Quiet firing”
In Belgium we have mandatory wage increases to combat inflation.
Companies aren’t allowed to call them raises because that isn’t what they are.
Last year after Covid, we had an increase of 11-12%. Which was very nice.
Honestly this should be the norm everywhere.
Why not just freeze prices then? I guess because you still have to purchase goods from abroad that wouldn’t freeze prices? Inflation sucks and I hate it.
I hate inflation too, but I understand why it’s necessary. Imagine if rich people had an even easier time hoarding their wealth.
Although now that think of it, maybe at this point we really don’t need to create positive feedback loops for economic growth anymore.