Use this to see how much in real buying power your raise is.
https://data.bls.gov/cgi-bin/cpicalc.pl
7 replies (most recent on top)
Yeah, the wages aren't keeping up at all. During Covid my site got 1% raise. Never more than 3% since then. It's like they don't even care.
Hired in 2019, ran my numbers on hire and the new COLA for 2025, it's about $750 below where I got bumped to lmao guess there's still a somewhat positive for the 401k match at least.
So with my zero raise I am making negative 10 percent less.
18% loss in buying power since the pandemic. Performance evaluation that includes forced bucketing, high percentage of NI/NSI, automated raise decisions with salary curves based on rank and built in age discrimination. Deteriorating medical/dental benefits, lack of growth opportunities for non-Hipos, and toxic work environment with talentless supervisors only concerned with their upward trajectory. Younger employees should stay away from this company, particularly those in HC10, where the work force is shrinking. If you’re not predestined for management, EM will su-k you dry then discard you like yesterday’s garbage.
So considering inflation my raise was less than 1% but I really feel bad for people who are making less than they did last year in terms of buying power because their raise was less than inflation!
Thank you government for continuing to print money and cause inflation tax. Stopping this spending bill is the right thing to do. These politicians need to change.
New hires are getting sc--wed. In the late 2000’s we were hiring people in at $100k and now 20 years later still are. New hires had way better benefits and opportunities 20 years ago as well. They should be hiring closeer to $200,000 to be equivalent buying power.