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Leaked Microsoft memo tells managers not to use budget cuts as an explainer for lack of pay rises: ‘Reinforce that every year offers unique opportunity for impact’ (finance.yahoo.com)

submitted 1 year ago by [email protected] to c/[email protected]

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Leaked Microsoft memo tells managers not to use budget cuts as an explainer for lack of pay rises: ‘Reinforce that every year offers unique opportunity for impact’::Managers are being ordered to dodge employees' questions about how the latest budget cuts will impact their pay.

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[–] [email protected] 43 points 1 year ago (2 children)

What - you can't even buy a nice two-bedroom condo here for a million dollars, I think you need to re-evaluate what a millionaire is today.

[–] [email protected] 14 points 1 year ago

Buying a million dollar house and being a millionaire are two different things. Multi millionaires are part of the problem as well.

[–] [email protected] 2 points 1 year ago

I took it to mean people who earn that much per year. The average person working a $30k+ job should have more than a million in the bank at retirement, and that should have been enough to retire on comfortably. Now I'm being told it's more than 1.5-2 million dollars at retirement.