what goes up has already come down

decades on …

This was back in the days when salaries were usually increased in line with CPI.

It wasn’t apparent at the time that we had it so good.

transcript

FTE #1: Here’s your 3% raise.

FTE #2: Bringing my salary in line with costs does not constitute a raise. If you want to impress me, include compensation for the last 11 months of real term reductions.

Caption: Positioning CPI adjustments as salary increases insults people’s intelligence, or confirms yours.

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