Daxton
103610
1304
14
Sep 28, 2021 8:49 PM
Daxton
103610
1304
14
depauldoug
inserts that meme
Alenelvans
3% puts you ahead of the curve most years. Just not this one. Still not great to be just barely ahead though
jeradox
Minimum wage should be tied to inflation, and the lowest paid entity should be paid no less than 10 the highest paid entity outsourcers too
UncleOdious
3%? Look at Mr. Moneybags. 2% is max my employer gives. Hooray, academia!
BaklavaWearingBalaclavaWhilePlayingBalalaikaOnBlackLava
The last 2 raises I got were .333% and .68%
KaylMacLaren
Every. Damn. Year.
lawnmary
J c5:+&40
PennysWorthOfTea
That's what happened at the college I was teaching at. Admin offered 3%, backed down to 0% (pandemic), then offered 1.5%. Union got back 3%.
PenguinNamedWobbles
The gas inflation price was around 56%, which is hyperinflation.
Ivalicenyan
I've gotten a 0% raise since the start of the pandemic
KIZRD74
Raise?what raise?
TaviRus
This was me last year...
EroticZombiePants
Last job I had gave 20 cents per hour raises once a year.
KBlackburn
20 entire cents? And you could count on them annually?? Wow, that's so much more than I'm used to.
Kycoo777
national inflation is 5.6, but my local housing cost is up 26%
LeutAldoRaine
Saving this now to send to my boss next year after the amazing performance=3% wage increase discussion.
hoehandleharry20500
I'm got .18¢ as an OR nurse
KBlackburn
How is that fraction of a cent accomplished, exactly?
LutraLazuli
When you don't even make enough to even invest in cheap bonds, let alone stocks
martineb72
Once got a 4 cent raise. 2 people walked out of the job that day. It wasn't like we were expecting the raise, but that was insulting.
hoehandleharry20500
My wife got .09¢ after five years
KBlackburn
I suspect that's not correct. Nine one-hundredths of one cent? How is that done?
dataengineer
Wow. Yeesh.
PointOfDeparture
What position?
Icaro76
Let me laugh in Argentinean at 50% inflation every year for the past…. Oh, for f@kin ever. ?
philopsyche
The market rate, or rate of return, is .25%. If you invest $100 in savings you're expected to make 25 cents annually. It's insane.
clone1701d
Stop being poor
RabeMeansRaven
Last time inflation was close to 5.6% was 1990. Inflation has be under 3% for the last decade.
Magus25
Going into union negotiations soon. I'm in a government essential service job. We will get offered shit, strike, then get legislated back
Magus25
For whatever the government decides. Best part they don't pay me on strike so they save wages.
codenameRadical
My last raise was 41%. I got it by changing jobs. I've really rarely gotten promoted or given a raise at the same job. Ever.
codenameRadical
Correction: $41000 is the amount of the raise. Not percent.
FourFiveFire
And that's the truth. The workhorses who stay in jobs rarely get large raises, the folks who jump do.
OdinYggd
I worked 12 years in one place, and in that time actually got several raises. That took a lot of persuasion each time.
hoehandleharry20500
Who gets 3%?
serra
I got *quick math* a 4.25% raise as a COLA raise in June. In Feb, I got a job offer and took it to my employer. Calculates out to 16.9%.
serra
I work as an office manager for a construction materials testing firm. My kaliedoscope of minimum wage job skills paid bigly once I ...
serra
... proved my salt. I was hired in July last year. My paychecks feel sufficient for the first time. Ever. (Single mom of 1.)
ThatShiftyMonkey
I haven't gotten less than 3% every year for 15yrs. I average close to 4%.
PopcornScuba3000
What type of job?
ThatShiftyMonkey
Retail management
burg14
You guys are getting raises?
Hedgehogsareadorable
Cries in teacher
ThoseGams
No.
elebit
You are getting paid??
DrDadJokes
BrooklynBotanist
You guys have jobs?
ShadovarbytheEast
I got two dollar raise in a month th once but I live in employee housing and they raised the rent by 200 so eh ?
KiraFaye
I've been with this company for 4 years. Same base pay I started at. Every time I bring up rising cost of living they go "make more sales!"
imisstertony
Look for a new job while you're working :/
litelbrown
Best way to get a raise is get a new job. It's why millennial employees got pegged as "disloyal". But you gotta pay to retain your people...
HomeMadeismyFav
5% inflation and people keep sticking money into .05% interest savings accounts instead of investing it.
StarSumiaki
Investing is great if you have a lot of excess income, but terrible if your financial security relies on readily liquid assets.
yallmfsneedjesus
Dude, you gotta have some liquid savings before you start investing.
[deleted]
[deleted]
IrrelevantHandle
index fund is the only way to go
HomeMadeismyFav
What did you put it into?
[deleted]
[deleted]
HomeMadeismyFav
Yep you chose to choose to learn the hard way! Haha
Oddmonster
That is how it once was. Now, investing is almost pure gambling. And if you don't have enough 1/2
Oddmonster
money to diversify, you stand a big chance of losing your money. 2/2
HomeMadeismyFav
UnrealDreamer
You seriously think the stock market will still be working when it’s time to retire?
TiddyMcGillicuddy
We will be lucky if the stock market is working by the end of the year.
PosthumousExile
The great depression is here. The stock market just isn't reflecting that yet
HomeMadeismyFav
TiddyMcGillicuddy
What is gonna do it first? Evergrande and Chinese debt? Or the debt default?
Rhythmaster
If the global financial system, including stock market, goes down, that means society collapse, and your stocks are the least of ur worries.
Rhythmaster
The stock market is pretty robust and durable, I'm curious what you mean by "working by the end of the year"? Its gonna continue, even if
Rhythmaster
Lots of people lose money, corporations go under, even big banks can fail, this all affects the stock market, but it never "stops working"
Daxton
0.05% ?? Dang. My bank gives me 1.35% compounded quarterly. I'd still rather buy graphics cards to mine on tho, ROI <180 days.
ohwhenwilldeathcome
Y’all should check out One Worldwide. 3% APY on savings if you save 10% of your direct deposit (you can move money around after it’s saved).
Angel337
I'm guessing you use a credit union?
Daxton
Nope Canadian, my bank kept calling me 2-3x a week so I finally answered and it was a promo for my savings account for that rate.
Daxton
Also getting 1.4% until Jan with another promo, then it goes back to my usual from the call 1.35%
Daxton
I started just on my gaming rig a few years ago and reinvested profits, snowballed into $30-40/day now.
ligmabolz
What do you mine ? You must have 6 rigs to do that. I mine about $5 a day with a 3070
Husbargain
Also curious
Daxton
Etherium through Nicehash, get paid in btc. And 2 rigs with multiplier cards
Daxton
I only buy used cards though, there's a huge shortage on new cards so I'd rather leave those to gamers. Lots of RX 470-580 8GB lol