this post was submitted on 30 Jul 2024
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Work Reform

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[–] WhatAmLemmy@lemmy.world 60 points 3 months ago (2 children)

Realistically, this probably isn't even a pay rise but an adjustment to align with inflation since 2020.

Reminder: every year your pay does not increase with inflation is a pay cut.

[–] Iampossiblyatwork@lemmy.world 10 points 3 months ago (1 children)

"Also remember, CPI only reflects those out-of-pocket expenses. "

"it doesn’t take into account goods and services that may have been provided to consumers by, for example, the nonprofit sector and the government."

https://www.marketplace.org/2021/11/22/whats-included-in-the-consumer-price-index-and-what-isnt/

My point here is your raises should be CPI + buffer as real costs are higher.

A fun image of what's in the CPI:

[–] somethingsnappy@lemmy.world 3 points 3 months ago

Have to assume that educational bullshit name and medical bullshit name are in there twice to hide how bad it is, and that "other" hides more of both of those.

[–] Mac@mander.xyz 1 points 3 months ago

And last year you needed a ~9% raise or so.