Let’s see now… inflation is the highest in over 40 years. Gas is over $4 a gallon, groceries are up over 10% and we are lucky to get a 2% raise. And how much is Frank taking for his salary???? All the while sitting on his throne surrounded by his security detail micromanaging everyone with sapience and fighting WFH. Sell the real estate and give some real raises. Clients don’t come to most Fiserv offices anyway.
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Keep in mind some of us are younger professionals so we weren't fortunate enough to own a home a few years ago when prices were reasonable.
The "return to office" isn't going to happen if you don't pay us enough to afford a house within a reasonable commute of an office.
Combine that with so many people leaving and asking us to pick up the slack, all for less pay, I really don't understand why 100% WFH isn't just allowed.
I'm sure I'll be downvoted to he-l for saying this, but I felt like my raises were fine while I was employed here. I was laid off a few months ago. But I got 3% each year for the three years I was here. Assuming I started at 100k after 3 years I would be making $109,272.70, if instead I got the social security cola each year (1.6%, 1.3%, and 5.9%) I'd be making $108,993.13. If you calculate that all out it means I'd make $4848.77 more from 3% a year, than cola. Also cola has been below 3% since 2011, so do your own math.
If you want more money you need to quit or win the lottery with a layoff like me. I got a new gig in two weeks paying 25% more.
The current cost of living rate is 5.9%
Frank doesn't care about anyone but his own pockets
3% base this year you lucky ducks