So, as the title states, I received notification that my annual merit increase would be only 2.5%.
If my math works out, that works out to being 6% lower than current inflation (8.5% at this time).
So I'm really being paid that much less to do the same job, and it has been an absolute struggle these past few months.
Based upon conversations these past few months, I know my boss is aware of how much inflation has impacted our quality of life.
I know I'm not the top performer by any stretch of the term, but it feels like a giant FU from the company I have given several years of my life and honestly at times sacrificed physical and mental health.
Side notes:
– This company went public in the past year and has supposedly performed quite well financially.
– This company recently made a huge investment to ensure that they become more of a recognizable brand.
We are one of those companies where conversations about wages is heavily frowned on, but I feel like maybe I should ask some of my peers how there merit increases went.