return2ozma@lemmy.world to News@lemmy.world · 5 months agoBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.comexternal-linkmessage-square226fedilinkarrow-up1781arrow-down119cross-posted to: [email protected]
arrow-up1762arrow-down1external-linkBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.comreturn2ozma@lemmy.world to News@lemmy.world · 5 months agomessage-square226fedilinkcross-posted to: [email protected]
minus-squarepyre@lemmy.worldlinkfedilinkarrow-up7arrow-down2·edit-25 months agowhat the fuck? you get less than 5% raise in a year in the US? edit: in light of responses, I’d like to reiterate, what the fuck… this is the most obscenely wealthy country in the world.
minus-squareJJROKCZ@lemmy.worldlinkfedilinkarrow-up1·5 months agoMost people are lucky to get 2%… my company set the max at 2.5 last year and you only got that if you were IT Jesus
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up10·5 months agoYep, company loyalty is dead here. The only way to get a significant raise is to switch jobs.
minus-squarepyre@lemmy.worldlinkfedilinkarrow-up6·5 months agoi mean that’s what happens if you don’t give a raise. what a stupid market.
minus-squareMaggoty@lemmy.worldlinkfedilinkarrow-up2·5 months agoPeople are lucky to get a raise at all. Much less 5%, usually it’s 1 or 2. For at least a decade the only way to significantly increase your pay has been to move jobs.
minus-squareM0oP0o@mander.xyzlinkfedilinkarrow-up2·5 months agoAcording to this report: https://www.bls.gov/news.release/pdf/eci.pdf The average Wages and salaries increased 1.1 percent and benefit costs increased 1.1 percent from December 2023. Oh and then people that did get raises averaged 4.4% last year. So its really raises for some and poverty for most.
what the fuck? you get less than 5% raise in a year in the US?
edit: in light of responses, I’d like to reiterate, what the fuck… this is the most obscenely wealthy country in the world.
Most people are lucky to get 2%… my company set the max at 2.5 last year and you only got that if you were IT Jesus
Yep, company loyalty is dead here. The only way to get a significant raise is to switch jobs.
i mean that’s what happens if you don’t give a raise. what a stupid market.
People are lucky to get a raise at all. Much less 5%, usually it’s 1 or 2. For at least a decade the only way to significantly increase your pay has been to move jobs.
Acording to this report: https://www.bls.gov/news.release/pdf/eci.pdf
The average Wages and salaries increased 1.1 percent and benefit costs increased 1.1 percent from December 2023.
Oh and then people that did get raises averaged 4.4% last year. So its really raises for some and poverty for most.