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Company Just Announced Record Profits. Only Gave Us A 2.5% Cost of Living Raise

First, let me say I do believe in being fair, and not just pointing out negatives. My company hires people for a manufacturing job with no experience. All you need is a clean record, five years of general work experience, and to pass a drug test. They start employees out at 19K more than the average per capita income for the city we're in, and 5k more than the average per capita income for the entire state. You move up steps for the next three years, and by year four you hit top, which is about $6 more than starting pay. So the pay isn't terrible, credit where credit is due. That said, the company announced a record profit for last year. Total sales up 36%. This is DESPITE Covid, and DESPITE that September, because of the supply chain issues, our company temporarily laid off 300 employees (again, credit where…


First, let me say I do believe in being fair, and not just pointing out negatives.

My company hires people for a manufacturing job with no experience. All you need is a clean record, five years of general work experience, and to pass a drug test.

They start employees out at 19K more than the average per capita income for the city we're in, and 5k more than the average per capita income for the entire state. You move up steps for the next three years, and by year four you hit top, which is about $6 more than starting pay.

So the pay isn't terrible, credit where credit is due.

That said, the company announced a record profit for last year. Total sales up 36%.

This is DESPITE Covid, and DESPITE that September, because of the supply chain issues, our company temporarily laid off 300 employees (again, credit where it's due….they asked for volunteers first, gave a written guarantee that you will eventually return to work, and offered to pay everyone's health insurance 100%).

So even with all the issues that have been going on, despite having workers out with Covid, despite reducing their workforce by 300 people in September, their profits were up 36 fucking percent for 2021.

What's our cost of living increase? 2.5%

That's it. Inflation up 7.5%? We just get 2.5%.

Over 600 million in increased sales for 2021.

And we get 2.5%

To be fair again, the company is giving us an 8.5% yearly bonus this month instead of a 5%, and nearly all my coworkers are bending over backwards to suck corporate dick and praise them for it.

Despite the fact management has said not to expect this in the future.

But apparently, most of my coworkers can't comprehend that this is just placate us for the time being, and low cost of living raise.

Most of them can't understand, that they still aren't going to come out ahead in the long term, and it's sad.

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