Company Boasts About $5 Billion Profit, Gives Worker 18-Cent Raise

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As a boss and as a leader, you want to make your staff feel genuinely valued for their time and efforts. You can't go bragging about profits and then give out tiny raises.

According to the OP, they got the raise after a recent performance review. Their manager thought that their efforts met expectations. The reward? A raise of 18 cents per hour. Meanwhile, one of their colleagues at the retail store got a 28-cent raise because they ‘exceeded expectations.’

that the rate of inflation started being greater than wage growth in April 2021 . Wages began outpacing inflation again only in February 2023. One recent story that has caught many Americans’ attention is that UPS drivers will earn an average of $170,000 per year in pay and benefits at the end of a five-year contract. That’s up from $145,000 before. This comes after a deal between UPS and the Teamsters Union following negotiations that lasted weeks.

 

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