Derby Trail Forums

Go Back   Derby Trail Forums > The Steve Dellinger Discourse Den
Register FAQ Members List Calendar Today's Posts

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #11  
Old 12-06-2010, 06:28 PM
Riot's Avatar
Riot Riot is offline
Keeneland
 
Join Date: Mar 2007
Posts: 14,153
Default

Quote:
Originally Posted by dellinger63 View Post
He's actually giving 3 out of 4 a raise during the freeze so you should be happy.
In many companies, not only government, COLA and base pay step schedules for positions are separate, and calculated separately in the budget process. See unions.

A starting policeman may get $30,000 a year, after 1 year $33,000, after 5 more $38,000. That is separate from COLA raises (which are variable tied to economy)

Seeing the base pay step schedules stay normal, while the COLA has been taken away, is absolutely a net loss for the employee. If they were hired thinking they would get a 4% raise every year, but now are only getting 3% (their step raise, no COLA) - yeah, they have had part of their pay frozen.

In this case, 1.3 billion is not paid out on the bottom line of the budget. The normal raises going on as part of that budget doesn't change the bottom line, the 1.3 billion was calculated on top of, inclusive, of that.
__________________
"Have the clean racing people run any ads explaining that giving a horse a Starbucks and a chocolate poppyseed muffin for breakfast would likely result in a ten year suspension for the trainer?" - Dr. Andrew Roberts
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 10:23 PM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.