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+21 Rank Up Rank Down
Jun 9, 2014
Wow! I started Wally's 'trick' last year...still didn't get me more than an 'attaboy'. And, I don't believe cost of living increase has ever accounted for cost of gas increase, much less grocery, utilities, etc. Yep, time to update resume and move for my raise!
 
 
-5 Rank Up Rank Down
Jun 9, 2014
@shamino
Useless?
Maybe.
But THEY are your REAL employers.
 
 
+35 Rank Up Rank Down
Jun 9, 2014
Typical raises (that don't come with promotions or as rewards for specific achievements) have always been approximately cost-of-living. Today, inflation is (according to official numbers, anyway) around 1-2%, and therefore so are the raises. When inflation was 5-6%, then the raises were similarly higher.

Sadly, Wally's analysis of the stock market is terribly accurate. I've seen plenty of cases where a company posts record profits, but the "analyst community" predicted something even greater, and the stock price therefore tanked. (This seems to happen a lot to Apple, for example) And Wally's observation - when the company posts record losses, but not as bad as predicted, causing the stock to go up. It really sucks when your stock performance is based more on what a bunch of useless pundits predict than on your actual profitability.
 
 
+22 Rank Up Rank Down
Jun 9, 2014
geness, I agree. The time when a 6% salary increase was considered low is deeply missed. http://dilbert.com/strips/comic/2005-08-07/
 
 
+60 Rank Up Rank Down
Jun 9, 2014
It's all about outperforming the expectations.
 
 
 
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