Yep, you read that right. My employer currently provides all full-time employees in this region a $45/day meal stipend. Today, an announcement was made that come Q4 2022, that meal stipend will go away but “employee’s base salary will be increased by $90/week.” THE MATH AIN’T MATHING What a terrible way to retain talent. We are essentially being forced to take this pay cut since they will be providing catering in-office. And they tried to sugar coat it, but the backlash has already been severe.
Yep, you read that right. My employer currently provides all full-time employees in this region a $45/day meal stipend. Today, an announcement was made that come Q4 2022, that meal stipend will go away but “employee’s base salary will be increased by $90/week.”
THE MATH AIN’T MATHING
What a terrible way to retain talent. We are essentially being forced to take this pay cut since they will be providing catering in-office. And they tried to sugar coat it, but the backlash has already been severe.