constovich All American 2340 Posts user info edit post |
It was just announced that due to the "current economic conditions" all exempt employees' salaries were frozen except first line supervisors, although our balance sheet was "strong." So its a nice Christmas gift from my company. 12/18/2008 5:52:25 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
better than layoffs. 12/18/2008 5:54:37 PM |
PaulISdead All American 8780 Posts user info edit post |
you could quit and try to find a new job? 12/18/2008 5:58:35 PM |
eyedrb All American 5853 Posts user info edit post |
Yeah, this is my third year in a row without a salary increase. Though my production bonuses have gone up, bc im working harder.
[Edited on December 18, 2008 at 6:02 PM. Reason : .] 12/18/2008 6:01:52 PM |
UberCool All American 3457 Posts user info edit post |
frozen except for first line craft supervisors (since i'm pretty sure you work for the same company i do). not that the distinction particularly matters if you're a peon
but yeah, hopefully they won't rescind our incentive payout come next march
[Edited on December 18, 2008 at 6:19 PM. Reason : ] 12/18/2008 6:11:56 PM |
jbrick83 All American 23447 Posts user info edit post |
My bro-in law just got his salary reduced by 1/3. We just lowered the cap on our Christmas presents. 12/18/2008 6:22:19 PM |
Chief All American 3402 Posts user info edit post |
was this for a regional power company? 12/18/2008 8:04:06 PM |
ncstatetke All American 41128 Posts user info edit post |
time to call up Cousin Eddie 12/18/2008 8:04:47 PM |
constovich All American 2340 Posts user info edit post |
it is.... 12/18/2008 8:14:16 PM |
humandrive All American 18286 Posts user info edit post |
I'm getting one!!!! 12/18/2008 8:26:35 PM |
icanread2 All American 1450 Posts user info edit post |
Quote : | "Yeah, this is my third year in a row without a salary increase." |
wtf? and why havent you moved on from this shitty company? they sure do seem to care about retention12/18/2008 8:26:44 PM |
Republican18 All American 16575 Posts user info edit post |
we aint getting one either, and we dont get paid shit to begin 12/18/2008 9:09:13 PM |
mcfluffle All American 11291 Posts user info edit post |
we aint getting one either, and we dont get paid shit to begin 12/18/2008 9:39:31 PM |
pilgrimshoes Suspended 63151 Posts user info edit post |
welcome to the club 12/18/2008 10:40:16 PM |
skokiaan All American 26447 Posts user info edit post |
6.5%. Was expecting more..... 12/18/2008 11:04:04 PM |
cyrion All American 27139 Posts user info edit post |
got 5% last year, really hoping it isnt less than that, but you never know. 12/18/2008 11:17:49 PM |
Slave Famous Become Wrath 34079 Posts user info edit post |
-15%
Sales
Sophomore Slump 12/18/2008 11:22:42 PM |
arcgreek All American 26690 Posts user info edit post |
12/18/2008 11:23:01 PM |
sd2nc All American 9963 Posts user info edit post |
How in the hell does a salesperson's pay drop 15% in 2009? It's still 2008 homey.
If I'm not getting at least a 20% raise every year it's my fault only, either I'm not working hard enough or I'm in the wrong damn field. 12/18/2008 11:45:59 PM |
The Coz Tempus Fugitive 26101 Posts user info edit post |
OMG, I got 25% bump, LOSERS! Last year I got 30%, though. This puts my annual total compensation at just over $500K. You guys must really suck. 12/18/2008 11:46:31 PM |
darkone (\/) (;,,,;) (\/) 11610 Posts user info edit post |
My wife got word today that no one in her company should expect a raise. I'm just a lowly PhD student so the though of me getting a raise is laughable at best. 12/18/2008 11:49:48 PM |
sd2nc All American 9963 Posts user info edit post |
If you're an average white-collar worker I could see one being content with a 5-10% raise. A "salesman" predicting a 15% decrease in 2009 pay needs to look for a career in Retail or HR. 12/18/2008 11:51:31 PM |
drunknloaded Suspended 147487 Posts user info edit post |
i was told now isnt the best time to ask for a raise... 12/19/2008 12:08:34 AM |
winn123 All American 1160 Posts user info edit post |
be thankful you still have a job...there are hundreds of thousands of people that would gladly take "no raise" right now 12/19/2008 12:45:40 AM |
drunknloaded Suspended 147487 Posts user info edit post |
seriously 12/19/2008 12:46:36 AM |
arcgreek All American 26690 Posts user info edit post |
I have friends that are bitching about smaller than normal bonuses this quarter. I want to smack them. 12/19/2008 1:13:10 AM |
SandSanta All American 22435 Posts user info edit post |
better than layoffs. 12/19/2008 2:42:33 AM |
philihp All American 8349 Posts user info edit post |
i'm glad to have a job. 12/19/2008 2:43:17 AM |
bbehe Burn it all down. 18402 Posts user info edit post |
thank god for my annual 3% 12/19/2008 3:40:55 AM |
DoubleDown All American 9382 Posts user info edit post |
someone find that thread where everyone was bragging about all the massive 20-30% raises they get ever year
wonder how many of them are unemployed now 12/19/2008 4:29:12 AM |
qntmfred retired 40726 Posts user info edit post |
that would be me 12/19/2008 7:00:20 AM |
NCSUStinger Duh, Winning 62454 Posts user info edit post |
just feel good that you have a job 12/19/2008 7:21:41 AM |
bdgates All American 730 Posts user info edit post |
i got the same email yesterday... 12/19/2008 7:39:11 AM |
ScHpEnXeL Suspended 32613 Posts user info edit post |
I was happy to get my small raise.. we had been told we were getting nothing then got a little
lowered expectations ftw 12/19/2008 7:48:13 AM |
Drovkin All American 8438 Posts user info edit post |
better than layoffs.
plus, did you do anything to deserve a raise? Or do you feel you should get one for sitting in your chair for a year?
[Edited on December 19, 2008 at 8:09 AM. Reason : .] 12/19/2008 8:08:47 AM |
icanread2 All American 1450 Posts user info edit post |
umm...this thread is about not getting a raise
not about not having a job
stay on topic
you people 12/19/2008 8:12:07 AM |
DROD900 All American 24658 Posts user info edit post |
damn, my salary was frozen about 6 months ago 12/19/2008 8:21:49 AM |
Doss2k All American 18474 Posts user info edit post |
I got around a 12.5% raise this year 12/19/2008 8:40:26 AM |
UberCool All American 3457 Posts user info edit post |
for me, it's not so much about the money. i'm perfectly glad i have a job, and as a single guy, my current salary is plenty to keep me comfortable.
Quote : | "plus, did you do anything to deserve a raise?" |
it's about the principle. for the most part, i'm willing to go a little further than necessary to get things done in a timely fashion. this is partly because i have a carrot dangling in front of me that says "do a good job, be a team player...we reward high performance."
if there are no merit increases, the incentive to go that extra mile is reduced, if not removed.12/19/2008 8:41:57 AM |
richthofen All American 15758 Posts user info edit post |
We got a whopping 2.5% last year, and I'm guessing it will be a big fat 0 this year (we never know until the legislature decides, and that's not usually until July/August).
Then again, in state government, 4% is a "normal" raise and 6% is big money. 12/19/2008 10:00:08 AM |
IRSeriousCat All American 6092 Posts user info edit post |
Quote : | "If you're an average white-collar worker I could see one being content with a 5-10% raise. " |
we typically get 4%, which sucks but i live with it because my bonuses are nice.
Quote : | "if there are no merit increases, the incentive to go that extra mile is reduced, if not removed." |
agreed. my frist year at this current employer i got a 4.75 out of 5 on my overall review, but i was rewarded with only 3%. my boss told me he felt i got the shaft and that he would help me out mid year, which never happened. then the following review i had a 4.25 out of 5 and i got a 3.7% raise. still, bullshit and more would have been warranted. this year i've put in exactly no extra effort since the carrot is no longer appealing. i'm curious about what my raise will be and what my review will be.12/19/2008 10:29:07 AM |
EhSteve All American 7240 Posts user info edit post |
-1% 12/19/2008 10:31:16 AM |
gunzz IS NÚMERO UNO 68205 Posts user info edit post |
Quote : | "A "salesman" predicting a 15% decrease in 2009 pay needs to look for a career in Retail or HR.
" |
thats not necessarily true...it really depends on what market you are in12/19/2008 10:43:54 AM |
Crede All American 7339 Posts user info edit post |
4%(inflation)+3.33%(performance)=7.33% 12/19/2008 10:49:02 AM |
IRSeriousCat All American 6092 Posts user info edit post |
thats what i find to be really fucked up about my position. pretty much everything i've gotten for the past few years has been below inflation. 12/19/2008 11:02:53 AM |
Crede All American 7339 Posts user info edit post |
nm
[Edited on December 19, 2008 at 11:16 AM. Reason : nm] 12/19/2008 11:10:57 AM |
Noen All American 31346 Posts user info edit post |
I got a max raise + max bonus this year. Fortunately our reviews are in the summer, so I got in before the shit hit the economic fan 12/19/2008 12:18:20 PM |
clcluppe All American 2044 Posts user info edit post |
I'm the only one in my office who got a raise this year 12/19/2008 12:28:45 PM |
sd2nc All American 9963 Posts user info edit post |
Quote : | "thats not necessarily true...it really depends on what market you are in" |
If I knew my pay was going to be cut 15%, I'd GTFO of that market asap12/19/2008 12:34:14 PM |
qntmfred retired 40726 Posts user info edit post |
^^^ didn't you just start that job in the summer? 12/19/2008 1:10:50 PM |