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If they are giving raises at work, or any other benefits and cause inflation.. then expect the COL to be on the rise.. and that is the most dumb thing to do at this point. ( raise col)
But not sure were they are getting their source from, as we have tons of job openings posted, just "beggars cant be choosy" and they are. We have a opening were i am that been posted for over 2 years and they "cant find the right person".
If they are giving raises at work, or any other benefits and cause inflation.. then expect the COL to be on the rise.. and that is the most dumb thing to do at this point. ( raise col)
But not sure were they are getting their source from, as we have tons of job openings posted, just "beggars cant be choosy" and they are. We have a opening were i am that been posted for over 2 years and they "cant find the right person".
If they can't find the right person in two years, they don't really want to hire.
If they can't find the right person in two years, they don't really want to hire.
exactly what i said, and HR manager whom sits with us during breaks ( nosey little thing), keeps putting up the job opening about it on our internal job board and Monster boards. We keep taking it down after a few weeks as everybody in our dept has applied for it that wanted it and got pass up on. So why have it up when we all been through the ringer on trying to get the job.
This week alone I was contacted atleast 4-5 times for different job opportunities, a big jump from last month. A few months back I had gone to a few interviews but no offers, I think there are lots of crap jobs out there. These companies want to hire but the requirements are really skyhigh for what they're looking for and the salaries aren't enough to compensate.
That's the problem today, too many jobs with high requirements and not enough compensation.
If they are giving raises at work, or any other benefits and cause inflation.. then expect the COL to be on the rise.. and that is the most dumb thing to do at this point. ( raise col)
But not sure were they are getting their source from, as we have tons of job openings posted, just "beggars cant be choosy" and they are. We have a opening were i am that been posted for over 2 years and they "cant find the right person".
Too late. Inflation is already running 4.5%. If you aren't getting regular raises, you are taking a pay cut.
This week alone I was contacted atleast 4-5 times for different job opportunities, a big jump from last month. A few months back I had gone to a few interviews but no offers, I think there are lots of crap jobs out there. These companies want to hire but the requirements are really skyhigh for what they're looking for and the salaries aren't enough to compensate.
That's the problem today, too many jobs with high requirements and not enough compensation.
Yep, that i can contest.. Had one offer me 2 dollars less a hour but will get it back after a year.. Only a fool would have said yes to that. Rest were just too cheap and some wanted a cert that only a person with a PHD in computer science to get. Even then the pay was a insult.
I wonder how many of those jobs are real and how many are for show.... "hey we have x opening and can't fill them" but in reality "we have no intention of filling them"
There's nothing wrong with a little wage inflation... it helps keep asset prices more affordable for the bottom 99% and helps make the value of debt worth less. Under this low inflation environment we've had mostly asset inflation driven by the top 1% and foreign investors .. the average working class person can't really afford a house in many major cities like Denver anymore.. I mean with 2 incomes and overtime maybe you can make it work but it's not very cost effective. We could actually use a high inflation environment because we're quickly amassing globally levels of government and private debt that are reaching rather high levels... sure credit ratings are a lot better than they were in 2007 however those credit ratings are based on companies being able to maintain cash flow... recessions take away cash flow. Stock market is largely being driven by debt fueled stock buybacks, among other things.
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