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"post_content": "Do you feel like you are being or will be compensated fairly to match the market inflation? \n",
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This is something that has been on my mind too. Wanted to talk with my Senior Associate about this come end of year but not sure how to bring it up.
Hahahahahahahahahahahahahahahaha Inhale Hahahahahahahahahahahahahahahaha
Remember, you're paid what you negotiate, not what you're worth. The only reason we have COLAs is because strong labor unions negotiated them into existence during times of higher wage-price inflation. Present inflation is not wage-price driven, it is supply-chain driven. It only becomes wage-price driven when people like you have medium to long-run inflation expectations and bargain on the basis of those. Not saying that's good or bad, it just is what it is. Employers won't do it out of the goodness of their hearts, they'll only do it to remain competitive in the labor market. Also, "the market inflation" is a little underspecified. We have inflation indices that include a bunch of goods and services - which price level changes concern you most? If it's securities, you could argue for more equity comp. If it's real estate, you could try to negotiate permanent remote and move to a cheaper housing market. If it's used cars, see if employers can co-sponsor lease agreements. Those would be non-salary ways of working with your employer to address the pressure.
Chief
Lol no, unions are not to be credited for our current salary
Yea Until I read the inflated salaries on here and then I think no lol