Thread regarding Gulfstream Aerospace layoffs

Salary 4%

Really that’s it’s with the backlog and can’t even hire people.

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Post ID: @OP+1eMGgcB0

17 replies (most recent on top)

I know two coworkers that applied at Blue Origin. Neither took jobs there. They both left, but one went to Moog and one to Northrop. Word is Blue Origin is even more toxic a work environment than GAC.

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Post ID: @Mflg+1eMGgcB0

Blue Origin is hiring. Pay is better and work is interesting. Benefits are okay. Ask me how I know.

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Post ID: @Lopg+1eMGgcB0

March is here…..here come the raises!

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Post ID: @Lmju+1eMGgcB0

Status quo...

The Conference Board
2022 Salary Increase Budgets Are the Highest Since 2008

The November Conference Board Salary Increase Budget Survey portends a 3.9% jump in wage costs for firms in 2022, compared to 3% reported in April. This would mark the highest rate since 2008. Indeed, the swell in compensation expectations for next year reflects rising wages for new hires and inflation.

Due to high wage growth and inflation since April 2021, we fielded the Salary Increase Budget Survey again in November 2021. Salary increase budget refers to the pool of money an organization dedicates to salary increases for the coming year. Here are the key findings:

Average 2021 actual total salary increase budgets jumped from 2.6 percent in the April 2021 survey to 3.0 percent in the November 2021 survey.

Projections for 2022 salary increase budgets jumped almost a full percentage point from 3.0 in April to 3.9 in November.

Growth in wages for new hires and accelerating inflation are the main causes of the jump in salary increase budgets. The November Salary Increase Budget Survey shows that almost half of respondents (46%) said that the increase in wages of new hires played a factor in salary increase budget estimates for 2022, and 39% said that increased inflation played a factor.

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Post ID: @urpu+1eMGgcB0

My wife got a 5 1/4% increase in her Social Security....better raises in retirement

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Post ID: @clyp+1eMGgcB0

The best way to keep loyalty in a man's heart is to keep money in his purse.

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Post ID: @3ekf+1eMGgcB0

I’m sure there are people who leave for higher pay, bonuses and relocation, but if you believe everything you hear then you must believe in the “Tooth Fairy” as well.

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Post ID: @3oxh+1eMGgcB0

The $5,000 referral bonus is a raging success isn't it?

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Post ID: @3gpy+1eMGgcB0

People leave Gulfstream with large signing bonuses, 20% salary increases, and full relocation.

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Post ID: @3knf+1eMGgcB0

So funny your all so clueless. Union muckrakers and disenchanted losers who most likely don’t have a clue how to sustain a business in good times or bad. You can’t “out pay” inflation as soon as you try your doomed financially. What do you think other companies are doing giving 10% increases across the board hahahaha

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Post ID: @3ced+1eMGgcB0

Losing ground fast with the high rate of inflation.

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Post ID: @2nyp+1eMGgcB0

They needed the 4% increase to cover all of the promotions over the past year.

Maybe you'll get 1% more than last year. Pay for performance.

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Post ID: @2yjf+1eMGgcB0

Employees will continue to vote with their feet because other companies offer more than Gulfstream.

It's a competitive hiring market. Send out your resume.

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Post ID: @2glu+1eMGgcB0

The company has been steady in their yearly increases. Even when other companies stopped. Can’t make everyone happy, huh?

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Post ID: @2vyw+1eMGgcB0

Wouldn’t want to cut into MIP. The lake house isn’t going to pay for itself you know.

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Post ID: @1kzf+1eMGgcB0

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