Quote:
Originally Posted by Happy Monkey
I can't speak for you in particular, but here are a few ways in general.
At my level of income, most people's raises are in percentages of their current salary, which compounds over the years. People making the minimum wage have to wait for Congress to give them a raise, or work extra jobs.
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At some small percentage of growth in salary is hardly making progress. I don’t really consider that significant growth. You can barely keep up with inflation or cost of living and almost all of those jobs have a ceiling to which you max out. Many jobs like that, for example a GS job is on a similar sliding scale that is determined by time and job description. Eventually you max out so growth stops. With the exception that government jobs are given a cost of living adjustment while most jobs do not give those. So sure you make more but only a very little more and then it stagnates.