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Board is going to reject a “Cost of Living” raise because “What if there’s deflation?”

I brought up to my manager a month or so ago that inflation/cost of living rising was really effecting all of us employees and even himself. Told him that with the inflation rates the last 2 years, We're all making less than we were 2 years ago, him included. We can't grocery shop without spending >$200 every week, energy costs going up, etc. So he told the board and they basically said that inflation rate isn't a good rate to give a raise because “In the 80's when there was the huge inflation, there were a few years of deflation. If we give a big raise, then there's deflation, we're still paying all the money.” So basically we're not gonna get it. Even if there were deflation (which there won't be), who cares? Oh no, you pay your employees enough to not just get by! The horror! A solution was…


I brought up to my manager a month or so ago that inflation/cost of living rising was really effecting all of us employees and even himself. Told him that with the inflation rates the last 2 years, We're all making less than we were 2 years ago, him included. We can't grocery shop without spending >$200 every week, energy costs going up, etc.

So he told the board and they basically said that inflation rate isn't a good rate to give a raise because “In the 80's when there was the huge inflation, there were a few years of deflation. If we give a big raise, then there's deflation, we're still paying all the money.” So basically we're not gonna get it. Even if there were deflation (which there won't be), who cares? Oh no, you pay your employees enough to not just get by! The horror! A solution was also suggested to give us a one-time bonus to “help”.

I'm sure my wealthy manager was fighting tooth and nail for this cause and not fellating them to stay on their good side /s. These people truly have no idea what it's like to be working class. Fuck this job.

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