Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.


View this topic in a long page with up to 500 replies per page Create new topic
1 | 2 | 3 
macuser
2120 posts

Uber Geek
+1 received by user: 506


  #879316 16-Aug-2013 09:56
Send private message




jtbthatsme
937 posts

Ultimate Geek
+1 received by user: 70

Trusted

  #879323 16-Aug-2013 10:05
Send private message

Just wondering was that a serious question regarding inflation??? I'd like to think not.

Inflation at the moment is around 2.3% or very similar per year at our Govt dept (that I no longer work for) our pay rise offer was 1.5% followed by 1% and 1% over our 3 year term so yes to answer your question in a lot of places your salary increase doesn't match your pay rise. As you can see that's only a 3.5% increase over 3 years where inflation wipes that increase out within 2.

jtbthatsme
937 posts

Ultimate Geek
+1 received by user: 70

Trusted

  #879329 16-Aug-2013 10:08
Send private message

Oh and to add to that I'd like to point out that as per everytime we were offered any payrise it was voted in to be accepted. As basically they don't have to give any pay rise and have at times of refusal to accept it been known to walk away from the bargaining table leaving staff with no pay rise at all.



networkn
Networkn
32871 posts

Uber Geek
+1 received by user: 15465

ID Verified
Trusted
Lifetime subscriber

  #879330 16-Aug-2013 10:10
Send private message

I'm begging you, please start a new thread.

BTR

BTR

1527 posts

Uber Geek
+1 received by user: 449


  #879350 16-Aug-2013 10:36
Send private message

OP has been answered thank you. As far as I am concerned this thread is done.

surfisup1000
5288 posts

Uber Geek
+1 received by user: 2159


  #879365 16-Aug-2013 10:51
Send private message

gehenna:
macuser:Food for thought.


Inflation adjustments don't equal real world changes IMO.  Food for thought yes, but rarely does the employment market match the reserve bank's rate of inflation.


I'd disagree .

If you extrapolate your trend of inflation being higher than wage growth into infinity, then, even the highest income earners in the world would not be able to afford the cheapest of goods.   

The real world is far more complex than that. 

The fact is that if your wages increase by less than inflation then you are getting pay cuts in real terms. 

And, if you live in Auckland you are in extra trouble. I bought a house in Auckland back in the mid 90's for 300k -- I sold it, but that house is probably now worth well in excess of a million due to its central location.   There is no way a young person starting out on todays salaries could afford the same house on todays wages for the job I was doing back then. 

Point being, Auckland inflation is way higher than other parts of the country. 


 
 
 

Support Geekzone with one-off or recurring donations Donate via PressPatron.
gehenna
8667 posts

Uber Geek
+1 received by user: 3883

Moderator
Trusted
Lifetime subscriber

  #879378 16-Aug-2013 11:08
Send private message


raytaylor
4076 posts

Uber Geek
+1 received by user: 1296

Trusted

  #880321 17-Aug-2013 21:37
Send private message

gehenna:


Thats a really odd looking early model HP laserjet

What did it say- "PC LOAD NAAAY"  ?




Ray Taylor

There is no place like localhost

Spreadsheet for Comparing Electricity Plans Here


1 | 2 | 3 
View this topic in a long page with up to 500 replies per page Create new topic








Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.