/biz/ - Business & Finance

[Anonymous No.49557483]

Is he right? Should workers have to prove their worth by going above and beyond?

[Anonymous No.49557501]

>>49557483
Why does anyone listen to this old ass boomer?

[Anonymous No.49557529]

>>49557483
No. Currency is worth less today than yesterday, value of wages has decreased. Unless productivity has decreased, a raise is in order.
Ramsey is a retard when it comes to macro.

[Anonymous No.49557537]

in todays economy? no
back then maybe. The only thing you have to do know is have a public professional presence on the internet. Some sort of proof of your skill and then employers will know whether or not to hire you. For some jobs like, coding or animation that may mean "working for free" but you're really just working to prove yourself to everyone.

[Anonymous No.49557563]

>>49557529
You don’t keep up with inflation wages have been going down since the 50s in terms of buying power and thus trend is here to stay until the Jewish and brown people are taken care of

[Anonymous No.49557567]

he is one of the most retarded pieces of shit I know
I'm pretty sure he does that on purpose
evil boomer working for the kikes to keep the cattle scared of good investments

[Anonymous No.49557598]

>>49557567
So? That just leaves more for the rest of us.

[Anonymous No.49557619]

>>49557483
Nocoiner cope. The government decreed that a zero must be added to all dollar prices of all things. If you can't pay the cook $150 an hour, you will have no cook. That's just the law. You can't change what the dollar is worth. No one is going to be willing to work the same job for the same amount as before.

[Anonymous No.49557638]

>>49557483
>Is he right? Should workers have to prove their worth by going above and beyond?
depends on the employer. That is only half of the question

[Anonymous No.49557641]

ill ask for a raise whenever i feel like and for whatever reason. If denied I will find new employment that satisfies me and the company can spend time and money trying to replace me

[Anonymous No.49557685]

>>49557483
employers have to keep up with market pay or they hemorrhage employees. if you don't want to give market adjustments when they make sense then fine, but you'll bleed talent.
presently happening at my mega-corp, 25% or higher attrition for engineers year over year. competitors would give me a 10% raise minimum to head out since they actually bumped salaries this year, it is quite tempting.
if you don't match market pay you're giving your valued employees a pay cut. i'm not any sort of commie or whatever, but a good leader doesn't forget that a business is nothing without the people that do actual work, so you ought to reward them in order to not fall behind the curve of the market.

[Anonymous No.49557755]

>>49557685
I should add, there was a massive drive for hiring in one engineering department that was suffering at my location, and they just ended their fiscal quarter with a net loss of employees because of turnover.
HR roasties are legitimately retarded, they think shilling diversity and morale events matter more than just paying your employees. Even though it means I'd be out of a job I hope we go under. We fucking deserve it.

[Anonymous No.49557769]

>>49557598
how does that meat taste cypher

[Anonymous No.49557941]

>>49557483
If you're an employer and you raise the wages of your workers during inflation while no one else is, you're just hamstringing yourself by increasing business costs even further than they all ready are.
Assuming the business in question is still trying to remain competitive with other company's wages, of course. If other companies are raising wages and you aren't, then expect high turnover.
That's the market for you. Workers want higher wages while employers want cheaper workers. Ideally without the jews in the mix fucking everything up by importing foreigners and exporting jobs.

[Anonymous No.49557966]

>>49557483
no. i'm not a majority shareholder or an executive. i owe you nothing but the bare minimum. cope and seethe all you want and spare me the "muh career trajectory" because i'll just job hop for a promotion and a 30% raise in 2-3 years.

[Anonymous No.49559021]

>>49557483
>>49557641
>>49557685
Legitimate question bros. My job is giving me a 4% raise this year, last year is was 5%. From June 2021 - June 2022 there has been massive inflation and CPI has gone through the roof. Should I try to push back on this 4% "raise"? How do I negotiate something like this? Just tell them that 4% is not even a raise when adjusting for inflation and CPI and that my cost of living is increasing faster than they're raising my wage?

I'd like to tell them to fuck off, but I'm in a situation where this job is in an extremely good place location wise, and my salary would have to be close to doubled for it to pay off commuting to the big city an hour north of me.

I'm also not very marketable in the filed that I'm in, and it'd probably take a miracle to land another job like this. Help me out fellas.

[Anonymous No.49559090]

>>49559021
You're an idiot. You need to compare it to other companies and your marketability.
Most places aren't getting any raise at all, or maybe a pity 1%.
The money spigot is getting turned off and they could come under financial pressure by giving out such big raises

[Anonymous No.49559094]

>>49559021

In your specific scenario I'd just take the 4%, it sounds like they are the ones with the leverage

[Anonymous No.49559168]

>>49557501
Because too many people think age = wisdom

[Anonymous No.49559187]

>>49557483
Sure. Someone's gotta pay the burden. Might as well be the wagies again.

[Anonymous No.49559234]

>>49559021
Get a job offer from somewhere else for more, and if you like your current job use it to get a bigger raise. Or just accept the offer and leave your current job.

[Anonymous No.49559249]

>>49557483
If you care about muh Inflation, then you are literally Hitler supporting Nazi, so no. The banks should just print more money and distribute it among people for free. #AbolishWork

[Anonymous No.49559269]

>>49559021
Youre stuck. You can ask but itll likely be denied. You could go out and find a new job but we are very likely entering a recession and layoffs will be prominent. This is why the middle class just gets to eat shit

[Anonymous No.49559302]

>>49557483
lol that's the dumbest boomer logic I've ever heard. People will literally just look for a new place to work and quit as soon as they can.

[Anonymous No.49559641]

>>49559090
>>49559094
>>49559234
>>49559269
Thanks bros. The job actually isn't that bad, and they're paying for me to get some more IT certifications. So I think I'll just bite the bullet and keep busting out some certifications until I feel like I can transition into a more profitable and higher skill job and then start searching and use any job offers as leverage. Or just tell them to fuck off if the offer/work is better. Thanks fellas.

[Anonymous No.49559696]

>>49559641
The only thing for me is that we are hearing recession recession but companies are still recruiting unemployment is lowest it's been for ages.

Now either we're seeing a 6 month delay in the job market or no recession is coming. Either way, we might start seeing mass lay offs and those that are pushing for stupidly high wages or increases might get cut first.

[Anonymous No.49559788]

>>49557483
idiot old man

[Anonymous No.49559822]

>>49557483
I can respect this hustle, But this is the worst example of boomer logic. The fed should just hike rates and tank every market if he wants wages to stay the same that badly.

[Anonymous No.49559867]

>>49557567
he is disgusted by debt though so can't be completely working for them. that said he does promote certain mutual funds in order to get a commission

[Anonymous No.49559876]

>>49557483
Even if my employer is genial, I would not work hard /stress over work that compensates less than $75,000 a year. The simple reason is because of inflation. The complexity or credentials of the work is irrelevant. You have to look out for yourself, because your company sure as hell will not; this isn't a high trust society anymore.

[Anonymous No.49559902]

Dave is the epitome of "Okay Boomer". He was born rich and lived his entire life on easy mode and is now convinced he worked hard for everything he has and is completely detached from all reality.

[Anonymous No.49560054]

>>49559021
Never quit your job for compensation reasons unless you have a better job lined up
Assuming that you’ll “manifest” a better job or shake enough hands once you’re unemployed is one of the dumbest things you can do
Besides, 4% is not that bad, most the people I know got pathetic 1% or no raises at all

[Anonymous No.49560138]

>>49559696
I work in IT and have spent 3 years learning about some very proprietary to support on a Technical teal of 4-5 people or so. I'm not expendable, but I feel very underpaid.

[Anonymous No.49560166]

Circle beard cucks are subhuman.

[Anonymous No.49560189]

>>49557567

His business model is predicated on people being poor. Same as any self help figure. Even if he's not doing it on purpose, the successful business models will rise to the top, and success means giving a feeling, not necessarily results.

The true way out for 95% of people is working a second job or moving somewhere with a better opportunity.

[Anonymous No.49560199]

>>49559021
4%-5% raise is pretty good. Most places only give like 3% increases.

[Anonymous No.49560247]

Look at it from the business perspective, governments causing lockdowns/shortages and inflating away the value of currencies doesn't increase their top line revenue. You are paid based on the value you create for the business, inflation has nothing to do with what you're worth to them. If you want to earn more, you need to create more value (take on additional work, get new skills/certs or education to move to a more valuable position in the company, etc.).

[Anonymous No.49560283]

>>49559902
His investment advice is sound for his audience, which are retarded cattle. Stop spending so much and get off debt.

[Anonymous No.49560296]

>>49559021
Do some research and if you're underpaid based on the average salaries for your location, experience, and skills then say you are looking for more than 4% and negotiate salary. That's what I did at the beginning of this year. I was going to get a 3% raise and got bumped up 16% instead. Still think I'm overpaid but it's a lot better than making shit for what I do. The conversation has to be about the value you bring versus the going rate. You can mention inflation as a side note but your boss doesn't care about your cost of living. He thinks he's underpaid at $250k/year too.

[Anonymous No.49560297]

Why do you guys fall for these left wing pseudo-intellectual clickbait threads?

[Anonymous No.49560335]

>>49560296
>I still think I'm overpaid
underpaid*

[Anonymous No.49560507]

>>49560297
It's fun to mock out of touch baby boomers, obviously