• Shapeofthings@lemmy.world
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    1 year ago

    I have never received an inflation beating raise, not once in my life, and I’m 50 years old. The only way to get good raises is to job hop. And anyway, 3%CPI? Have they done any food shopping in the past year?

    • sylver_dragon@lemmy.world
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      1 year ago

      In my 40’s and pretty similar experience. Raises are always 3-5%, with several years where they didn’t even meet that. Hell, I remember one year having manager take me out to lunch and explain to me that the company wasn’t doing any raises that year. The following year I had a new job at ~20% higher salary. And companies wonder why workers have no loyalty anymore. In the end, the only thing that has kept my salary rising faster than inflation is to job hop every 3-5 years. I’d rather not. Hell, I like the company I’m at now and they talk a fantastic game about building a long term career. We’ll see how that pans out come raise time.

      • TurboDiesel@lemmy.world
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        1 year ago

        I take any long-term pipe dreams with a grain of salt nowadays. I spent 3 years “just six more months” at a time because I believed the owner of the company. Never again.

    • EmperorGormet@lemmy.world
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      1 year ago

      Saw a store selling a gallon of milk for $7. Was an “upscale” grocery store, but come on. Half a load of bread from the bakery was $8. Where is the other half of my bread?! I walked out

    • danhasnolife@lemmy.world
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      1 year ago

      Yeah. While I do feel like the impacts of inflation are slowly slightly (maximum price gouging achieved), 3% CPI has to be some wildly-creative math.

    • ptsdstillinmymind @lemmy.studio
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      1 year ago

      They exclude food, fuel and some other things from CPI. The government made this change about a year ago. It’s wrong and most of us know it.

      • ImFresh3x@sh.itjust.works
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        1 year ago

        This is disinformation.

        https://www.bls.gov/cpi/additional-resources/historical-changes.htm

        There have been very few changes, and none in the last few years. And when they made changes last they were small changes that only make the score more accurate:

        Changes to the CPI establishment frame (2019-2020)

        •Replaced Telephone Point-of-Purchase Survey (TPOPS) as source of retail establishment frame with data from the Consumer Expenditure Surveys (CE)

        •Eliminated redundancies and inefficiencies in survey operations and reduced household burden Use of Quarterly Census of Employment and Wages business registry to refine the location and address data from the CE

        • Use of Quarterly Census of Employment and Wages business registry to refine the location and address data from the CE

        “It’s wrong and most of use know it.” I don’t think most of anyone knows it. And the ones who do are misinformed, repeating false internet narratives without doing any sort of fact checking.

        There’s been 13 revisions in over 100 years.