• iAvicenna@lemmy.world
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    3 months ago

    it is not even “no increase”. wage increase not proportional to profits is wage theft and wage increase not higher than inflation is horrible management.

    • SomeoneSomewhere@lemmy.nz
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      3 months ago

      Expecting wage increases proportional to profits is only reasonable if you also accept cuts proportional to losses.

      • ipkpjersi@lemmy.ml
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        3 months ago

        We have that, it’s called layoffs. Except companies lay you off anyway even when there’s record-breaking year-over-year profits multiple years in a row.

      • iAvicenna@lemmy.world
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        3 months ago

        oh this definitely already happens either in the form of pay cuts or lay offs. And anything below inflation rate should be considered a cut really so you get cuts even when there may be profit.