Base Raises Are Basically Meaningless Now
What the title says. This applies more so to NYC, but with runaway inflation I feel like we are right back to where we started with how much your comp can actually buy you. Rent prices are out of fucking control in Manhattan, food prices up, clothes prices up - it's all way up. Sort of a depressing thought considering when these base raises happened, I considered it to be a decent amount of extra money, and now I am going to have to move out of my current apartment in Manhattan because I legit cannot afford it after they raised rent - even with the salary bump. Shit sucks boys.