@return2ozma to News • 2 months agoBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.comexternal-linkmessage-square229arrow-up1781arrow-down119cross-posted to: housing_bubble_2politics
arrow-up1762arrow-down1external-linkBiden to call for 5% cap on annual rent increases, as he tries to show plans to tame inflationapnews.com@return2ozma to News • 2 months agomessage-square229cross-posted to: housing_bubble_2politics
minus-square@pyrelink5•edit-22 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-square@[email protected]linkfedilinkEnglish10•2 months agoYep, company loyalty is dead here. The only way to get a significant raise is to switch jobs.
minus-square@pyrelink6•2 months agoi mean that’s what happens if you don’t give a raise. what a stupid market.
minus-square@[email protected]linkfedilink2•2 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.
minus-square@Maggotylink2•2 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-squareJJROKCZlink1•2 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
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.
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.
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.
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.
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