I got my 2% raise, folks on social security got a 5.9% COLA for 2021 (cost of living adjustment).
So, I am almost 4% down.
Should i start to work about 4% less?
19 replies (most recent on top)
I got 8% so looks like i’m ahead this year. Woooot!
WF will not be able to assist anyone with Joe Bidinflation.
It's not designed to keep up with inflation.
Employment isn't supposed to maintain your lifestyle, they are compensating you for doing a job. It is the government that is screwing you.
unless you job hop, you're/we're in a tough spot.........
Work. Don't work. No one cares. Nothing of any significance ever gets done here. Working here opened my eyes that any id--t who owns a bank, no matter how poorly managed, can make money hand over fist with very little effort.
I change jobs every 2 years. So yes overall I more than keep up with inflation and avoid just relying on raises.
I’m sure I’ll top out at some point and then the answer will be no l, unless I start switching companies to keep up in order to avoid salary transparency for intracompany job changes.
I'm calling BS.
WF doesn't give 2% raises.
even with a 10% promotional raise this year it still isn't enough especially considering the 0-2% I got the last few years.
I left WF last year after another insulting raise (and for many many reasons beyond pay). I got a 3.5% raise and 16% bonus from my new employer. WF is the worst. Stay if you'd like, but the grass is definitely greener elsewhere.
I got two percent too, this was the last drop
Your salary is your report card. If you don’t like it, get a better job.
@aag+1fXW9b9M
Every workplace should have to adjust salary according to COLA and if they don’t, they should be put out of business.
This was the first year I've had salary "growth". Every previous year had been well below annual inflation. I won the luck of the draw this year.
Banks don’t base increases of cost of living. Quit complaining and leave
We can all rest easy. Senior leadership got their raise. They had to get CS’s 20% from somewhere.
2% means no more unpaid OT....and in fact 20% less work out of me
Waiting for the people who love corporate America and hate the government to chime in on the government paying more. Time to put grandma and grandpa back to work, no more handouts! 🙄
2% ! holey buckets... are you upper management?
I got way less than that.
I guess I would advise to you is to go on social security, sounds like the return is better.........
Nobody's salary is keeping up with inflation. On the flip side, when things are better again, they won't reduce your salary to reflect that, either.
If you’re being forced to RTO I WOULDN’T WORK AT ALL