Some companies are starting to increase employees salaries to soften the blow of Biden's inflation hike. Will BNY follow suit?
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You’re funny
You are asking about large raises and meanwhile I am over here hoping that we don't experience a pay cut in 2023. Based on recent talking points, I don't think there will be merit increases in 2023. I would rather have no raises to give than have a very small budget that only goes to 1/2 of the team. 2020 Merit (paid in 2021) was insulting.
That’s crazy… the Bank’s costs are also going up. If anything they may finally have to restart layoffs after 4 really great years of job security.
Are you in fantasy land? Firms are going to start to let people go, not give them raises.
which companies? MyPillow?
Haha. I wish but the Short answer is not a chance.