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Old 01-29-2011, 09:49 PM   #21
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Originally Posted by John Galt III View Post
But no increase in benefits. Who in the heck ever gets an increase in benefits?
Maybe you did
Ask how much your company spent for employer portion of health insurance comparing to last year (if health insurance is available at your place).
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Old 01-30-2011, 07:36 AM   #22
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In 2009, 2010 I received 2% and 1%, respectively. This was for above average performance. This year is expected to be very lean as well. Our company supposedly rewards high performers, but the typically difference between meeting and exceeding expectations is 1-2%. Certainly not a large incentive to put in regular 60 hour weeks.
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Old 01-30-2011, 12:17 PM   #23
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DD's company has thrived through the last couple of years too. Partially by not giving any raises. Combine that with increases in health care costs, and her paycheck (low paying job) is down about 4%. Rough time to be starting out.However, she still manages to save a little each month. I'm proud of her for that.

They also don't give matches in the 401(k) plan. And they have high fee lousy investment options. I just had her stop her 401(k) contribution since she doesn't need a tax break. She is direct depositing the money into a savings account to help build her emergency fund up, and will later move it into a Roth. Glad you can still opt out of the 401(k)s. Some people are talking about making them mandatory.
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Old 01-30-2011, 04:39 PM   #24
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I am employed by a chemical manufacturer---we had a 3% increase in 2009, a freeze in 2010 and are expecting a 3% this year. Benefits have stayed the same throughout the last three years. I am sure part of this is due to the nature of the chemical business----wages and salaries are a very low percentage of total cost----chemical manufacturers (as well as most other process industries) tend to spend buckets of $$ on capital, energy and raw materials.
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Old 01-30-2011, 05:34 PM   #25
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I'm 100% commission only selling building products and income is off a little over 50% since 2008.
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Old 01-30-2011, 11:26 PM   #26
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Quote: Originally Posted by John Galt III
But no increase in benefits. Who in the heck ever gets an increase in benefits?
>> Maybe you did
>> Ask how much your company spent for employer portion of health insurance
>> comparing to last year (if health insurance is available at your place).


Just a cost avoidance on my part. Not a gain.
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Old 01-31-2011, 02:45 PM   #27
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There was no COLA on my pension, but cost of health insurance increased.
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