Will it keep up with inflation
15 replies (most recent on top)
"With CPI running 2.4-2.6%. About 2.0-2.5% raises."
CPI has nothing to do with it. Raises average 2.5-3.0% every single year. Doesn't matter if inflation is 0 or 20% - unless you're Stankey.
With CPI running 2.4-2.6%. About 2.0-2.5% raises.
Remember when the company lied with this statement on Aug 30, 2024 in a letter to employees:
"As we’ve shared, our goal is to reach fair and competitive agreements that recognize the hard work our employees do to serve our customers, with market-based pay and benefits tied to cost of living and projected inflation data. This is true for all employees, management and non-management alike."
As a management employee, my pay has NEVER been tied to the cost of living or inflation data. I will also say that, not long after The Stink became the CEO, he said in a townhall that we, as employees, are not entitled to a yearly raise for another year of service. The only way to get a raise is to make a significant enough contribution to earn it. While I can agree with that for a "merit" portion of a raise, how can you make that statement and also say pay is tied to inflation and cost of living? Of course, the answer is one that The Stink is familiar with - you flat out lie. And then, while you limit your employees to 2% - 4% raises, you get your crony BODs to give you a 14% - 20% raise for losing billions.
It will definitely be less than what they agreed to with the unions
5 finger discounts
I'm selling copper wire.
#DallasBound employee from LA with raise by cheaper cost of living.
Has it ever?
It's going to be 19% to keep up with what the union folks are getting so we can keep and attract new hires to our talented management team.
Overall budget bsma budget set at 2.75%. Based on rating and TSR range will be anywhere from 0% - 5%.
Depends where you fall in the pay band. More if you’re at the bottom, some if you’re in the middle and little to none if you’re in the upper band. None if you didn’t meet expectations.
No, T is BROKE is what leadership keeps telling us and NOT making revenue.
Now, for the C-Suite that’s a completely different story!
For the Stink?
Absolutely. For the rest of us - No F'ing way...
You think we’re getting a 19% raise to keep up with inflation? LOL
Slim & no.
What raise? I’m making less per paycheck this year than last because of benefits cost increases. 1-2% “raise” when benefited costs went up 23%, real inflation of 30%. Backwards is what I’m seeing everybody go.