Home › Forums › Financial Markets/Economics › What’s your raise this year?
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June 16, 2009 at 10:32 AM #416285June 16, 2009 at 10:32 AM #416523
JustLurking
ParticipantRaises at my company ranged from 5% to 8% this year. One person got zero, but that is just because I don’t have the heart to fire someone in this economy. That employee is currently on a performance plan (aka on thin ice) so may not be employed much longer.
June 16, 2009 at 10:32 AM #416784JustLurking
ParticipantRaises at my company ranged from 5% to 8% this year. One person got zero, but that is just because I don’t have the heart to fire someone in this economy. That employee is currently on a performance plan (aka on thin ice) so may not be employed much longer.
June 16, 2009 at 10:32 AM #416850JustLurking
ParticipantRaises at my company ranged from 5% to 8% this year. One person got zero, but that is just because I don’t have the heart to fire someone in this economy. That employee is currently on a performance plan (aka on thin ice) so may not be employed much longer.
June 16, 2009 at 10:32 AM #417009JustLurking
ParticipantRaises at my company ranged from 5% to 8% this year. One person got zero, but that is just because I don’t have the heart to fire someone in this economy. That employee is currently on a performance plan (aka on thin ice) so may not be employed much longer.
June 17, 2009 at 10:11 PM #417005LJ_UCSD
ParticipantUC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)
June 17, 2009 at 10:11 PM #417242LJ_UCSD
ParticipantUC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)
June 17, 2009 at 10:11 PM #417504LJ_UCSD
ParticipantUC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)
June 17, 2009 at 10:11 PM #417570LJ_UCSD
ParticipantUC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)
June 17, 2009 at 10:11 PM #417731LJ_UCSD
ParticipantUC is getting hit hard –
http://ucsdnews.ucsd.edu/PDF/UCOPCostReductOpt.pdf8% cut for 2009/2010 (or equivalent with unpaid days, three options are being considered)
June 18, 2009 at 12:47 AM #417025CA renter
ParticipantHusband got ~3% raise for the year only because it was in their contract (govt worker). They are negotiating their next contract this year and will be happy to maintain their current salary/benefits, but it’s very likely they will be taking cuts in pay and benefits. Most people in their job category are already getting pay cuts ranging from 5-15%, and I’m willing to bet they will be taking hefty hits on the pension side.
For myself, I handle our investments, and have essentially pulled out of the market as of last October (primarily a short seller for years — got out at a good time, and not willing to gamble long or short at this point). With interest rates the way they are, we will be getting almost nothing (sub-3%) on our investments, but glad not to take any losses.
I expect our combined income will be down by about a third this year compared to last.
June 18, 2009 at 12:47 AM #417262CA renter
ParticipantHusband got ~3% raise for the year only because it was in their contract (govt worker). They are negotiating their next contract this year and will be happy to maintain their current salary/benefits, but it’s very likely they will be taking cuts in pay and benefits. Most people in their job category are already getting pay cuts ranging from 5-15%, and I’m willing to bet they will be taking hefty hits on the pension side.
For myself, I handle our investments, and have essentially pulled out of the market as of last October (primarily a short seller for years — got out at a good time, and not willing to gamble long or short at this point). With interest rates the way they are, we will be getting almost nothing (sub-3%) on our investments, but glad not to take any losses.
I expect our combined income will be down by about a third this year compared to last.
June 18, 2009 at 12:47 AM #417524CA renter
ParticipantHusband got ~3% raise for the year only because it was in their contract (govt worker). They are negotiating their next contract this year and will be happy to maintain their current salary/benefits, but it’s very likely they will be taking cuts in pay and benefits. Most people in their job category are already getting pay cuts ranging from 5-15%, and I’m willing to bet they will be taking hefty hits on the pension side.
For myself, I handle our investments, and have essentially pulled out of the market as of last October (primarily a short seller for years — got out at a good time, and not willing to gamble long or short at this point). With interest rates the way they are, we will be getting almost nothing (sub-3%) on our investments, but glad not to take any losses.
I expect our combined income will be down by about a third this year compared to last.
June 18, 2009 at 12:47 AM #417590CA renter
ParticipantHusband got ~3% raise for the year only because it was in their contract (govt worker). They are negotiating their next contract this year and will be happy to maintain their current salary/benefits, but it’s very likely they will be taking cuts in pay and benefits. Most people in their job category are already getting pay cuts ranging from 5-15%, and I’m willing to bet they will be taking hefty hits on the pension side.
For myself, I handle our investments, and have essentially pulled out of the market as of last October (primarily a short seller for years — got out at a good time, and not willing to gamble long or short at this point). With interest rates the way they are, we will be getting almost nothing (sub-3%) on our investments, but glad not to take any losses.
I expect our combined income will be down by about a third this year compared to last.
June 18, 2009 at 12:47 AM #417751CA renter
ParticipantHusband got ~3% raise for the year only because it was in their contract (govt worker). They are negotiating their next contract this year and will be happy to maintain their current salary/benefits, but it’s very likely they will be taking cuts in pay and benefits. Most people in their job category are already getting pay cuts ranging from 5-15%, and I’m willing to bet they will be taking hefty hits on the pension side.
For myself, I handle our investments, and have essentially pulled out of the market as of last October (primarily a short seller for years — got out at a good time, and not willing to gamble long or short at this point). With interest rates the way they are, we will be getting almost nothing (sub-3%) on our investments, but glad not to take any losses.
I expect our combined income will be down by about a third this year compared to last.
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