I used to work in private companies and any annual pay increase was whatever the union managed to negotiate for. It was usually between 1% - 3%. I quit after they moved the office to another city and required everyone to be at the office even though the people I worked with were in different countries. My current job is a government one and for as long as I have worked here I have gotten an annual raise of 10% - 20% and the working conditions are so much better. I’m never working in a private company again.
Cost of living, yes, and if you’re a solid performer, 3% is considered good. However, this is a 5% across the board, and a large increase to entry level.
In the US, at least, the long term average is 3.10%, including the post-1913 Great Depression and the Oil Crisis/Great Inflation of the 1970s. From 1990-2020, the average has been 2.2%, just slightly worse than the stated goal of current US economic policy, which is to maintain long term inflation at a rate of 2%.
We had two consecutive years of 6-8% general inflation in Spain, and lots of raw food products almost doubled in size, and while that went down a while ago, they still stayed at a 30% increase. Salaries didn’t increase though, most companies in my sector gave a fat round 0 increase as a baseline, then a 4-5% increase for people that excelled in performance.
Yeah we do earn way more than the minimum wage but we are basically earning less than last year, every year.
Cost of living in Japan has seriously spot up lately, and the government has been pressuring companies to raise salaries. So I’m glad to see Capcom doing this.
You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: [email protected]
Video game news oriented community. No NanoUFO is not a bot :)
Posts.
News oriented content (general reviews, previews or retrospectives allowed).
Broad discussion posts (preferably not only about a specific game).
No humor/memes etc…
No affiliate links
No advertising.
No clickbait, editorialized, sensational titles. State the game in question in the title. No all caps.
No self promotion.
No duplicate posts, newer post will be deleted unless there is more discussion in one of the posts.
No politics.
Comments.
No personal attacks.
Obey instance rules.
No low effort comments(one or two words, emoji etc…)
Please use spoiler tags for spoilers.
My goal is just to have a community where people can go and see what new game news is out for the day and comment on it.
Uh? Do people not normally get raises regularly? At least to keep up with inflation?
I used to work in private companies and any annual pay increase was whatever the union managed to negotiate for. It was usually between 1% - 3%. I quit after they moved the office to another city and required everyone to be at the office even though the people I worked with were in different countries. My current job is a government one and for as long as I have worked here I have gotten an annual raise of 10% - 20% and the working conditions are so much better. I’m never working in a private company again.
Welcome to late stage capitalism! Where we pat them on the back and say “wow what a great company” for doing what was standard 50 years ago
Cost of living, yes, and if you’re a solid performer, 3% is considered good. However, this is a 5% across the board, and a large increase to entry level.
deleted by creator
For what country?
In the US, at least, the long term average is 3.10%, including the post-1913 Great Depression and the Oil Crisis/Great Inflation of the 1970s. From 1990-2020, the average has been 2.2%, just slightly worse than the stated goal of current US economic policy, which is to maintain long term inflation at a rate of 2%.
Meaning, 3% beats inflation significantly more than half of the time, especially since 1990.
deleted by creator
We had two consecutive years of 6-8% general inflation in Spain, and lots of raw food products almost doubled in size, and while that went down a while ago, they still stayed at a 30% increase. Salaries didn’t increase though, most companies in my sector gave a fat round 0 increase as a baseline, then a 4-5% increase for people that excelled in performance.
Yeah we do earn way more than the minimum wage but we are basically earning less than last year, every year.
Cost of living in Japan has seriously spot up lately, and the government has been pressuring companies to raise salaries. So I’m glad to see Capcom doing this.