Categories
Antiwork

HR says inflation is really only 4%

During our company meeting, people asked what their plan was on yearly raises given that inflation was hovering at 7-8%. The HR rep said that if you average out inflation throughout 2021, inflation was really only like 4%. That’s,,, not how math works?? Inflation is referenced to the same month a year prior. If CPI right now is 7.9%, then it means things on average cost 7.9% more in February 2022 than they did in February 2021, and wages need to be adjusted to reflect that. You can’t just average-out the monthly CPI throughout 2021 and say “Oh actually, things are only 4.5% more expensive right now than a year ago”. The excuses they’re willing to make up to justify pay cuts is astounding.


During our company meeting, people asked what their plan was on yearly raises given that inflation was hovering at 7-8%. The HR rep said that if you average out inflation throughout 2021, inflation was really only like 4%.

That’s,,, not how math works?? Inflation is referenced to the same month a year prior. If CPI right now is 7.9%, then it means things on average cost 7.9% more in February 2022 than they did in February 2021, and wages need to be adjusted to reflect that. You can’t just average-out the monthly CPI throughout 2021 and say “Oh actually, things are only 4.5% more expensive right now than a year ago”. The excuses they’re willing to make up to justify pay cuts is astounding.

Leave a Reply

Your email address will not be published.