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Old 07-07-2012, 06:16 PM
 
4 posts, read 16,372 times
Reputation: 10

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No raises, its official. Busted our butts for so long to be spit on again and again.
Do not take the job, you will regret it.
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Old 07-09-2012, 09:40 AM
 
Location: Des Moines, Iowa
2,359 posts, read 3,081,444 times
Reputation: 1364
Yeah, it sucks when this happens. Those of us in the financial sevices industry experienced the same thinkg when the financial markets went bust in 2008.

That said, it was the economy/markets to blame, not my employer.

Many in gov't jobs are getting hit now too due to budgets in the red.

Heck....I just attended my church's annual mtg and learned the 3 pastors will be going on 4th year in a row without a salary increase. Do you think they don't "bust their butts" too?

I assume IBM is doing zero raises due to current economic factors/forcasts. Isnt' it preferable to save jobs long term, vs giving raises now which could hurt the companies bottomline as it navigates the current environment? The US economy is not in good shape right now and if you're a global company (like IBM) it can be even more worrisome given what is going on in Europe.

Just food for thought.
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Old 07-09-2012, 10:19 AM
 
Location: Marion, IA
2,790 posts, read 4,941,202 times
Reputation: 1549
Quote:
Originally Posted by mikey4mayor View Post
No raises, its official. Busted our butts for so long to be spit on again and again.
Do not take the job, you will regret it.
So do you have a new job lined up yet? Why stick around in a small town with a company that treats you like crap? Send them a message!
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Old 07-09-2012, 05:46 PM
 
10,412 posts, read 19,199,662 times
Reputation: 9214
who's even been getting raises the past few years?
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Old 07-10-2012, 07:03 AM
 
Location: Sioux Falls, SD area
2,594 posts, read 3,661,399 times
Reputation: 4050
I'm self employed and own my own business. I've steadily watched my income drop over the last 4 years. We're all in the same boat. BUT, as Pres. Obama stated, "the private sector is doing just fine, it's the public sector that needs our help.

We've got to investigate that white house to see what he's been smoking.
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Old 07-10-2012, 07:45 AM
 
Location: Great Falls, VA
760 posts, read 981,213 times
Reputation: 1277
Having a job with no raises is better than not having a job. Especially in this economy.

Keeping that in mind, I would recommend future IBM prospects the opposite...take the job, you won't regret it. You can always try and find something else in the meanwhile if you are not happy with the lack of raises. But at least you won't drain your savings while you do so.
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Old 07-10-2012, 08:28 AM
 
1,214 posts, read 1,234,957 times
Reputation: 2224
Quote:
Originally Posted by jmgg View Post
I'm self employed and own my own business. I've steadily watched my income drop over the last 4 years. We're all in the same boat. BUT, as Pres. Obama stated, "the private sector is doing just fine, it's the public sector that needs our help.

We've got to investigate that white house to see what he's been smoking.

There are specific forums to discuss political views. Not this one.

Jasper Hobbs
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Old 07-23-2012, 05:06 AM
 
Location: Western North Carolina
4,184 posts, read 6,544,661 times
Reputation: 7705
Quote:
Originally Posted by Chicago60614 View Post
who's even been getting raises the past few years?
The CEO's of the companies.
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Old 07-23-2012, 07:13 AM
 
Location: Des Moines, Iowa
2,359 posts, read 3,081,444 times
Reputation: 1364
^^^ Problem solved. Work to become a CEO some day.
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Old 07-24-2012, 12:34 PM
 
48 posts, read 85,137 times
Reputation: 50
Slightly related, the CEO of Lenovo, who was IBMs manufacturer, got a $3 million dollar bonus for keeping Lenovo in relatively good shape during the current world-wide economic crisis. He took it and divided it among the workers.

CEO of Lenovo Gives $3 Million in Bonuses to Employees - ABC News

Think we'll ever see a US CEO do that?
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