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.

  • Vent@lemm.ee
    link
    fedilink
    English
    arrow-up
    36
    arrow-down
    16
    ·
    1 year ago

    You pretty much need to be a multimillionaire to retire these days and it’s not that hard to do with a half decent job and basic retirement planning, especially when factoring in a home to your net worth (which is standard). Millionaires are not the enemy. $1m is 1000x closer to $0 than $1B.

    • Sharkwellington@lemmy.one
      link
      fedilink
      English
      arrow-up
      50
      arrow-down
      1
      ·
      1 year ago

      I don’t disagree with the sentiment, but “get a half decent job, do basic planning, and factor in the cost of the home you definitely own” is a massive simplification and a lot of people cannot meet those requirements through no fault of their own.

      • Altima NEO@lemmy.zip
        link
        fedilink
        English
        arrow-up
        23
        arrow-down
        1
        ·
        1 year ago

        Yeah, thats already proper middle class, and middle class is pretty hard for a lot of people to attain these days.

        • Haui@discuss.tchncs.de
          link
          fedilink
          English
          arrow-up
          14
          ·
          1 year ago

          Most people are not even able to accumulate any capital while paying bills. If you‘re not in the fortunate position of a collage education or similar, you‘re pretty fucked.

          • MasterBlaster@links.hackliberty.org
            link
            fedilink
            English
            arrow-up
            7
            ·
            1 year ago

            Even with a college education, you’re usually fucked.

            Most people talking about how to become multimillionaires have the benefit of generational wealth. Even if they’re not directly dipping in to family funds, it’s a support system that us poors don’t have.

      • Vent@lemm.ee
        link
        fedilink
        English
        arrow-up
        15
        arrow-down
        1
        ·
        1 year ago

        Not saying everyone can do it, just that we’re all on the same side. It’s important to remember who your friends are. The doctor that works 12h+ a day and has a few million in the bank is not the same as the billionaire playing God and zipping around to all major world events in their private jet while siphoning profits from thousands of workers.

        • MasterBlaster@links.hackliberty.org
          link
          fedilink
          English
          arrow-up
          9
          arrow-down
          2
          ·
          1 year ago

          That depends on which side the doctor decides to support. A few million lets you play the game, and even if you’re just a pawn, you can do some damage.