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Jul 9, 2013
Sadly, the winnings from those side bets will probably exceed his newly adjusted salary.
+34 Rank Up Rank Down
Jul 9, 2013
PHB: Check . . . Dilbert: Mate
+60 Rank Up Rank Down
Jul 9, 2013
Just love the performance based "percentage" raise system (sarcasm). 2% for the lowest paid employees will equal maybe a couple hundred at the end of the year (if lucky), a few more hundred for the main labor force, a couple thousand more for the PHB's, and 30K for the executive management. Once again the ones who do the least reap the most.
Jul 9, 2013
What you don't realise is that the pay increase is already set at a range, and is sometimes not tied to your annual appraisal. At my last company, I did really well at my appraisal and ended up getting max. % pay rise, but that % is still less than the rate of inflation. I just updated my CV, went for a few job interviews, had some job offers (with more money of course) and handed in a resignation letter. They were begging me to stay. I thought to myself: "do I want to keep working for a company that you will have to work really hard to keep up with the rate of inflation?". Tough one (NOT!).
Jul 9, 2013
A real-life variant: Be in a company refusing to purchase a second screen for their developers. Given that all studies show that the minimum productivity increase of having a second screen is 12% (can be up to 50%), means that the company think that 12% of your manpower is not worth $50/year ($250 for a screen that lasts at least 5 years). So just be the wise investor, invest in yourself by buying a 2nd screen on your money and work 12% less.
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