Reply to thread

Message

<blockquote data-quote="vantexan" data-source="post: 3081615" data-attributes="member: 24302">If you go from 9 to 10 then you get step 10 pay.&nbsp; The following year you get(maybe) a 3% raise.&nbsp; Others got a 3% raise the year before so you don&#039;t catch them.&nbsp; You just get a 3% COLA.&nbsp; Doesn&#039;t mean you&#039;re on &quot;step 11&quot; with all other topped out employees.&nbsp; You may be making the same as some but say you reach step 10 9 years from now.&nbsp; Other topped out employees have been getting that annual COLA for 5,6,...9 years already.&nbsp; So there&#039;s a whole string of different pay, depending on how long you&#039;ve been topped out.&nbsp; Assuming they give annual increases.&nbsp; So there&#039;s no step 11 that everyone is on.&nbsp; And with all the groaning, if they do give an annual 3% COLA to topped out employees it won&#039;t take too long before topped out employees are being paid over $30hr.If step 10 is increased by 3% annually then eventually you&#039;ll see a huge jump from 9 to 10.&nbsp; Someone on Step 1 now isn&#039;t going to see a 30%+ jump 9 years from now which with compounding would happen if step 10 is increased every year.</blockquote>

[QUOTE="vantexan, post: 3081615, member: 24302"] If you go from 9 to 10 then you get step 10 pay. The following year you get(maybe) a 3% raise. Others got a 3% raise the year before so you don't catch them. You just get a 3% COLA. Doesn't mean you're on "step 11" with all other topped out employees. You may be making the same as some but say you reach step 10 9 years from now. Other topped out employees have been getting that annual COLA for 5,6,...9 years already. So there's a whole string of different pay, depending on how long you've been topped out. Assuming they give annual increases. So there's no step 11 that everyone is on. And with all the groaning, if they do give an annual 3% COLA to topped out employees it won't take too long before topped out employees are being paid over $30hr. If step 10 is increased by 3% annually then eventually you'll see a huge jump from 9 to 10. Someone on Step 1 now isn't going to see a 30%+ jump 9 years from now which with compounding would happen if step 10 is increased every year. [/QUOTE]

Verification