Wednesday, June 25, 2008

Reader: Inflation eats my 3% raise before it arrives

Regarding how long Gannett's biggest stockholders will wait for a company turnaround, a reader says in a new comment: "I'm one of the luckier ones, I guess -- I have gotten a 3% raise every year I've been with the company. . . . But that 3% has been gone almost every year before it arrives, with the health premiums going up, up and up. That's before you factor in the cost of living. Gas is painfully up. Groceries are way up. Everything is going up. I am noticing that financially, I am far behind where I was a few years ago. So I am keeping my eyes open for a new job, and I'll be out of Gannett as soon as I can find one. I have worked hard to produce quality work, and the company has not given me any reason to stay."

Join the debate, in the original post.

1 comment:

  1. 3 percent???
    That would be astonishing. In our "information center," are lucky to get 1 percent.

    ReplyDelete

Jim says: "Proceed with caution; this is a free-for-all comment zone. I try to correct or clarify incorrect information. But I can't catch everything. Please keep your posts focused on Gannett and media-related subjects. Note that I occasionally review comments in advance, to reject inappropriate ones. And I ignore hostile posters, and recommend you do, too."

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