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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: SilentZ who wrote (745067)	10/8/2013 4:28:04 PM
From: Tenchusatsu	1 Recommendation Recommended By TimF Read Replies (1) \| Respond to of 1575815

Z, 21% over 3 years, which was a starting point for the negotiation, not the end point (of course you're going to start high), Is 6% compounded annually, not 7%. If you're going to nitpick over a single percentage point, try to be accurate with your math. 21% over 3 years is about 6.6% compounded annually. No matter how you slice it, that's quite a substantial raise per year. Also, wasn't their salary frozen for a couple of years during bad economic times? Now that the economy in California has improved, doesn't it make sense to try to make it up? Private sector workers don't get raises to "make up" for bad times. The market doesn't work that way. Your problem is that you believe everyone is entitled to a 7% annual raise. Bad economic times? No problem, just make up for it later on. That's nuts. Tenchusatsu