[quote=AN]
I think many of us who graduated in the last 10 years will have drastically different experience than you. We both seems to agree that salary tend to plateau after a certain point. I think that’s around 10 years experience or so. So, to the older people, wage deflation is real. But to a lot of us who just entered the work force in the last 10 years, drastic wage inflation is also real. It is also very relative to the industry you’re in.[/quote]

I don’t disagree with that. I had my biggest wage increases early in my career.

That said, my coworkers with less experience were also hit with frozen salaries (even if you get a promotion!), eliminated 401k match, bonuses at half of previous years. So the folks in the first 10 years of their career also saw a hit this year.