Plus retroactive money in the bank for certain benefits they just pay out since it costs more money to track and verify usage, so they gave up tracking and just give it out to everyone at the start of the year.
Comment on Why do companies require you to submit a resume but also put the same data into their forms?
bluesheep@sh.itjust.works 20 hours agoA retroactive raise? Goddamn those are some beautiful words
iocase@lemmy.zip 20 hours ago
WolfmanEightySix@piefed.social 20 hours ago
What does that mean?
sunsofold@lemmy.zip 20 hours ago
It means getting paid a special check equalling the amount extra you would have been paid if you had gotten the raise last year.
iocase@lemmy.zip 20 hours ago
It means all of the hours I worked last year and this year are recalculated at my new 3% raised rate in 2025, and the 3% on top of the 2025 raise for this year.
I.e. if I made $100 000 in 2025 over 2000 hours for $50/hr, my 2025 wage would be upped to $51.50/hr, meaning I get a cheque for $3000 (minus taxes, pension, and dues)
That also means I would earn $106 090 this year, so any hours I worked this year would be at my new new rate of $53.045/hr