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18 months without a raise
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<blockquote data-quote="vantexan" data-source="post: 3759790" data-attributes="member: 24302"><p>Just so we're clear, I understand what you're saying about midrange getting a bump up if top out gets a COLA. Here's the thing you need to realize. Midrange employees were expected to bite the bullet for a very long time, making considerably less and getting smaller raises than top out. Now the shoe is on the other foot. What was happening resulted in unsustainable turnover of new hires. It was reaching a tipping point. The new hires are the future. Now the company is focused on retention of new hires, assuring them a halfway reasonable time to better pay, not to mention better starting pay. Who loses in this? The topped out employees are no longer guaranteed an annual raise. They may get a bonus, may not. I suspect they will as long as the company is doing well. But to keep the new hires and midrange happy the company took away from another group. It's the top out's turn to feel some pain. But they are getting top pay so their pain is considerably less than what midrange experienced for many years.</p></blockquote><p></p>
[QUOTE="vantexan, post: 3759790, member: 24302"] Just so we're clear, I understand what you're saying about midrange getting a bump up if top out gets a COLA. Here's the thing you need to realize. Midrange employees were expected to bite the bullet for a very long time, making considerably less and getting smaller raises than top out. Now the shoe is on the other foot. What was happening resulted in unsustainable turnover of new hires. It was reaching a tipping point. The new hires are the future. Now the company is focused on retention of new hires, assuring them a halfway reasonable time to better pay, not to mention better starting pay. Who loses in this? The topped out employees are no longer guaranteed an annual raise. They may get a bonus, may not. I suspect they will as long as the company is doing well. But to keep the new hires and midrange happy the company took away from another group. It's the top out's turn to feel some pain. But they are getting top pay so their pain is considerably less than what midrange experienced for many years. [/QUOTE]
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