$300. Are you kidding me? That works out to about $12.50 per paycheck before taxes. This feels like a slap in the face instead of a raise. I have been with this company for 9 years and in light of my contributions, experience and hard work, this is what I get? Insulted? It certainty does not motivate me to work hard or do anything extra. I def need to start looking for a new job and get away from this place. The environment is nothing close to positive and is so damn restrictive. I am so glad I refuse to do business with this company.
I just looked at my boss and said that's it? Just solidified that I will not be staying at this company much longer if I have any choice in the matter. Sadly I cannot just tell them where to stick the job and walk out. So if anyone here in Columbus knows of any place hiring, I'm lookin for a new job.
Be glad you got a raise. Some places aren't. You have to look at raises by percentage. What percent raise did you get? If it was in the 2-4% area that is actually a pretty good raise in this day and age at most places, as far as just a yearly thing. Not moving up and or into a different area etc... School systems in NC haven't had raises in 4-6 years.. So they are actually going in the hole as prices go up each year.. I know it doesn't make you feel any better but like you said maybe it is time to look elsewhere.. Like you I've been where I'm at for 9 years. Company ( our plant alone ) grosses roughly 16-20 Million dollars a year and us on the production don't get a raises every year and the past couple it has been around 1.5-2.5%
That $300 would be less than 1%. This was the worst raise I have gotten here in 9 years. Even worse than when I had a boss that despised me because I questioned her methods and reasoning in front of people constantly, she wasn't qualified to do her job, and she would give shiat raises. And those were better, ugh. I have always hated working for Chase.
Might find something better. We get comfortable, and it takes something like this to get us going sometimes.
I work in a hospital and on top of the overworked, underpaid and shorthanded conditions I have to deal with Doctors who are motivated by greed and could really care less about the patients now a days. Medicare fraud is all over and it is alive and well. Our health care system in the USA is broken and Obama is not helping it at all. I thought getting in to the Medical field was a smart choice years ago, now I wish I still painted houses.
Meanwhile, Chase stock is up nearly 50% last year. You can see where their priorities are when it comes to employee satisfaction vs. shareholder value. What was that famous quote from Gordon Grekko?
The days of a company wanting an employee to advance, stay with the company and retire with a gold watch are over. Even the military, which use to be a secure bet, is doing the same thing. They dump folks around the 16 year mark and bring in a new private. Sadly, it is the way of the world now days, which is why I am so glad I am old and missed all this.
Is this a consistent trend with raises at your work? I've had a couple of years like that (no raises and no bonuses) and it can make it hard to keep motivated. What do you mean that the environment is restrictive?
^^^ Not everywhere Justa Jim.... My employees don't leave..... Longest term has been with me for 34 years..... Shortest term 16 years (latest hire)... I provide health care.... average pay raise $1,500 - $2,000/employee.... Plus year end bonus for everyone.... Even during lean years.... Company is still run by the original family that started it in 1885... Simple business philosophy... Customer: Make a good product.... Quickly... At a fair price... Employee: Treat your workers like good tools.... Keep em oiled and in good working condition..... Suppliers: Pay your bills on time... I'm guessing my business is the oldest family run business still operating here in Columbus.... Pretty sure about this... At least one of the oldest Got this sitting at the reception desk.... Ummmmm..... I don't have one of these parachutes if I get canned either.... http://money.cnn.com/2014/01/17/technology/yahoo-golden-parachute/
Though they say they want us to succeed, if you can actually get a promotion they try to make you take it on as a lateral promotion. So you get all the new responsibilities, increased workload and such, but no additional compensation. That's if you can even get out of the department you are in. Nine times out of ten you manager will actively sabotage you when you are going for another job because they don't want to lose you. Its kind of a viscous cycle. We don't even get the option of a bonus. As I said, there is absolutely 0 motivation to work harder.
That is the same philosiphy us workers have but we can't make the employers feel the same.. Granted it is much easier for a smaller company ( number of employees ) to have that thinking becasue you get to know them all better then a company that has 100's of people doing this that and the other. The powers that be haven't even met some of their employees that have been here for years.. There are good companies out there like yours that "gets it" the you take care of me and I'll take care of you thinking. Worked well for years. Now it is all about the rich getting richer and the production people be damned. ( teller, floor guy, etc etc ) I understand that every employee can't make 50, 60, 80 thousand dollars, there has to be the entry level position, but look at say a Wells Fargo Bank. The president is making 15 million or more a year, plus expenses, stocks, bonus etc. and the people at the local branches are between $25,000 teller, maybe $50,000 for a loan officer.. What can that president possibly be doing to earn that kind of money.. Another example is the furniture industry. Lexington NC, used to be a big player in that area. Now they have all shipped it to china to be made and then shipped back. This somehow saves them money, yet it is not passed on to us the comsumer, they the office folks at headquarters just get to keep their jobs while all the production people are in the unemployement line.. This is why they say in the near future there will be no middle class, there will be those at or around the poverty level as it raises up some, and the rich..
MM is doing what larger companies use to do and it is paying off for him and his company. Employees are expendable, profits in the owners pocket, are all that is important. Of course MM is of the older generation. A good wage, for a good job and a reasonable profit. Good job MM.
I haven't got a raise in 13 years. But then I'd have to get paid to get a raise. Kidding aside a raise of less than 1% is insulting. It would have been less so to not have given one at all. I have about 150 clients most of them haven't given raises in recent years. They are putting their money into keeping the business moving forward or at least not backward.
Exactly. If I leave, they will maybe eventually hire someone in at less than I am making and expect them to do more work than I do. They view us a completely expendable and despite what they say to us, they make it very very clear that they don't give a crap about us.
If you have a job that you don't like, the sooner you get out the better. The longer you stay in a job you dislike the greater the odds that you will get locked into that job because you won't be able to find a job in a different career that pays as well or provides the benefits you enjoy. The longer you stay, the more likely you are not to leave. Ask me how I know.