Wage deflation or lose part-time job

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Submitted by HarryBosch on May 2, 2009 - 8:23am

The company I've been doing part time blogging for has told me they want me to write more technical blogs and lengthier blogs. The problem is they want to pay only 11% more for 40 to 100% more work. They want me to write 700-1000 word blogs - technical how-to's - for only $5 more than what I was writing before: 300-500 word blogs.

The math doesn't scale.

I've asked them to increase the pay linearly or to let me continue to post the shorter blogs at the old pay scale. Waiting to hear back from them. We'll see.

I dont think I want to do 40 to 100% more work for only an 11% increase in pay.

This is what happens in today's economy: wage deflation.

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I hope that works out of you
Submitted by Russell on May 2, 2009 - 3:11pm.

I hope that works out of you Harry. Good luck.

Wage deflation is only just
Submitted by EconProf on May 2, 2009 - 3:42pm.

Wage deflation is only just beginning in this economy, so you have to ask yourself some tough questions. What are your alternatives, as far as other employers, bargaining power with this employer, your competition via his hiring others, whether you can make the new setup temporary, etc.
Unemployment and employment changes lag the real economy, and wage trends up and down lag even more. So expect a lot more wage deflation to unfold. Beleagured employers can now dictate terms in this new environment, and employees will simply be happy to have a job. Of course, the wage deflation is primarily in the private sector which responds more to supply and demand--government workers have far "stickier" wages.
If it is any consolation, countless things now cost less. Our official inflation rate of approximately -.5% greatly understates the deflation now occurring.