Comment on [deleted]
then_three_more@lemmy.world 4 days ago
That’s not how inflation works. Inflation going down means they just stay around 80 and in theory your wages gradually come up so 80 now feels like 40.
Comment on [deleted]
then_three_more@lemmy.world 4 days ago
That’s not how inflation works. Inflation going down means they just stay around 80 and in theory your wages gradually come up so 80 now feels like 40.
sugar_in_your_tea@sh.itjust.works 4 days ago
If inflation is zero, your wages won’t rise all that much. Most of your yearly wage is to keep up with inflation, so if you’re not getting promotions, don’t expect to beat inflation by much.
then_three_more@lemmy.world 3 days ago
If productivity is going up wages should go up. However what has been happening is that the extra money has been being funneled into the pockets of the rich. I’ll bet you the board and senior management ain’t giving themselves inflation based pay rises.