Just curious if you're working for a company, did they give you or is planning an inflation pay raise?
Yes
No, my company is cheap.
I don't work for the man!
Just curious if you're working for a company, did they give you or is planning an inflation pay raise?
7.5% increase this year.
Looking around
Wondering what became
Of what I once knew
Cost of living raises generally happen at start of year. I would guess most people will be waiting till 2023 when companies have a better handle on how permanent or temporary this inflation is. I think I saw Shell do an 8% one time "bonus" for employees to offset this year.
Yah they got a one time wage inflation adjustment of 8%. Heard some folks in the sands, not sure which company, didn't get a wage inflation adjustment. Instead they got a cash bonus... $30k. Taxed of course.This quote is hidden because you are ignoring this member. Show Quote
Looking around
Wondering what became
Of what I once knew
When I was a team member instead of a manager, I often wondered why it was that during major inflation years I saw absolutely nothing in regards to extra compensation through my entire career. Essentially, being loyal to one company ended up a money loser in such years.
Fact is, when inflation like this hits, the business is *already* hit with increased expenses. Then on top of that, they are expected to provide a cost of living increase to help reduce the strain of inflation to their employees? I mean, it's a great gesture and I'd love to give every one of my employees a raise, but I'm not sure that's realistic for most businesses.
Can confirm Shell did 8% across the board.
Other O&G company I know did 5%.Hardly an inflation adjustment and more of a "please don't you all quit" move.
Are GenX in the driving seat on wage negotiation now?This quote is hidden because you are ignoring this member. Show Quote
Boomers just finished quitting and Millennials are flakes.
I changed from a contractor to employee at the same job earlier this year with a pay bump+OT+bonus vs just a straight hourly wage, kinda counts I guess.
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Performance outcomes, bonuses and raises for the year are getting released soon, and I anticipate a ~15% bump in base pay. A normal year we get 7-10% though, so only a small premium is attributed to inflation/hot market.
Fornicate my life. Only just got back on 5 days pay a week, and I don't expect the remaining 15% pay cut I got in 2020 back anytime in the next year.
Teachers are keeping their pay, but they are adding in 8% more PD days.
The Shell thing was a one time 8% bonus. Not an 8% increase to base salary. Shitty thing for the secondees that went to LNG Canada is they weren’t eligible for it.
If it makes you feel better, I figure my company lost about a million in revenue due to the last couple of years.This quote is hidden because you are ignoring this member. Show Quote
I drink to feel better.
I feel better to drink
Originally posted by Thales of Miletus
If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
Originally posted by Toma
fact.This quote is hidden because you are ignoring this member. Show Quote
Da fak kinda industry is thisThis quote is hidden because you are ignoring this member. Show Quote
Or he didn't charge enough or pimp got a huge cut.This quote is hidden because you are ignoring this member. Show Quote
I wonder if my company will switch me to hourly.
That in and of itself would likely result in a 100% pay increase.
Vehicle wholesale.This quote is hidden because you are ignoring this member. Show Quote