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Old 06-02-2013, 12:32 PM   #9342
chrisinhouston
Professor
 
Join Date: Sep 2001
Location: Houston TX
Posts: 1,857
A bit frustrated that my wife came out of a meeting with the head of her small company with a decline for any pay raise now or in the future. Her salary as well as the other senior level employees was essentially capped 5 years ago when the owner decided they were all making enough money and would only offer bonuses based on sales income to the company. With a rising cost of living for everyday things we find ourselves earning less than 5 years ago and the paycheck barely covers things some months. She had argued this as well as his plan to sell the company and share in the profits all seems to have gone by the wayside when he and his wife came into some wealth; selling the company is no longer a priority for him. Bonuses are nice but aren't something you can use to plan for retirement or even paying for a new car! It just seems wrong but as my wife is 60+ her options are limited for changing employers. And it is frustrating that even when she excels on projects and makes the company look good that her bonus is based on how sales are going. Oh well, better than being unemployed.
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