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by zarzavat 1486 days ago
> How should tech workers be negotiating yearly raises taking inflation into account

They shouldn’t. Tech worker compensation doesn’t follow inflation, it follows investment in the tech industry. So in this situation where you have high inflation causing interest rate hikes, you should expect your compensation to stay the same (if you keep your job, due to inelasticity) or to fall (because you were made redundant).

If however you work in Wendy’s, then your wages (note that nobody talks about service workers having compensation) are somewhat more determined by inflation because if Wendy’s gives all their workers a real wage cut they will probably quit en mass.

1 comments

> They shouldn’t. Tech worker compensation doesn’t follow inflation, it follows investment in the tech industry.

I disagree as my purchasing power has decreased by the average price of goods. Naturally, when I ask for my yearly raise I want to be certain I am also being compensated for a commensurate loss in purchasing power.