• 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.