Rich One
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- Jul 17, 2012
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I want whatever youre smokin.... We started the company in 2002 and have been paying inflation plus perf based salary increases every year since then and with the exception of 2002 and 2003 and maybe but just maybe possibly 2004 inflation has been double digit breaching 20 in or around 2007. sorry I dont have exact data but our hr guys were using union and private consulting data to best advise us The comercio and teacher salary increases are a good gauge of true inflation.. Ok so they pitch for crazy numbers like 38 per cent or more some years but the reality is more or less reflected in the increases agreed upon. Acc to cfk teacher salaries have increased 600% + in the last 10 years...the exact data is so hard to agree upon but the idea that inflation in years like 2005 was below 5% is very far from the truth by quite a few points....
I stand corrected. However yesterday the Economist Todesca provided a figure on TV, that agrees with yours,,, Salaries in the last 10 years went up 600+ % and inflation 800+ %. ...!!