AIG is all about messaging. For instance, I know AIG loves me, they value equality, diversity, and they care about their employees. I know this because they go out of their way to tell me this every single day in the hopes that I somehow will believe it.
At the same time AIG just sent every employee a very powerful subliminal message. National inflation is now at 7.5%. Rent, food and gas have well surpassed 7.5% over the last year.
For the first time AIG just told every one of you that you are not being considered for a raise in Q1 like has always been the case. No, you are not getting a raise in one of the most challenging inflationary times since the 1970's. Maybe AIG will reconsider later in the year? Maybe you don't get a raise at all? We will just have to see what happens with L&R.
Words are just words. Action is what matters. AIG just showed their hand at the actions that will continue to come in 2022. That is undeniable no matter how much you want to believe otherwise.