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Is your work adding tangible value to the company resulting in profitable growth?
I think everyone deserves a raise based on inflation and cost of living. Employers should be working harder to keep us happy. And then yeah I think bonuses should be merit-based. Unfortunately though it seems like they are often awarded more generously to people who are already extremely high earners. I'd like to see the money more equitably distributed
Truth talk: in theory this sounds good. But to what end? Then you have people who have been sitting there working for 12+ years that aren’t necessarily hard workers making more than they should (that may not be a fair statement and certainly not always the case), and then you have people that come in that are just killing it working there for 4 years. Basically paying for loyalty - not right or wrong just pointing out that perspective.
Then if they are there for a while and the business sell or change his ownership they may be making over market and their job security is out the door. Granted that could happen for other reason, but I personally have been affected by the past . But if you increase too incrementally people don’t care or appreciate it… so 🤷🏻♀️ Personally, I’m a huge advocate for merit based raises and/or bonuses. I think it is more fair honestly. The “trick” with that is you just have to define clear expectations and metrics so people know what they are working toward - what is considered “average and expected” for their role vs what is “above and beyond?”
Wow sorry for the typos/grammar—- that is what I get for not checking my Siri talk-to-text 🤦🏻♀️
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You work for a corporation. They will always undervalue you unless you speak up for yourself/show your worth/threaten to leave
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Workers deserve so much more fair wages than what’s being present in today’s climate.