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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’ (finance.yahoo.com)
submitted 2 years ago by [M, B] to c/technology@lemmy.world
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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.

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[–] 21 points 2 years ago (1 child)

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.

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  • [–] 53 points 2 years ago (2 children)

    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.

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  • [–] 23 points 2 years ago (1 child)

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

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  • [–] 15 points 2 years ago (1 child)

    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.

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  • [–] 8 points 2 years ago (2 children)

    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.

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  • [–] 5 points 2 years ago

    Tell me about it. Grew up poor, kicked out of school due to undiagnosed neurological stuff.

    I did manage to build a company out of thin air (and working 16 hrs a day). Then covid happened. I‘m rather gonna starve than go back an suck corpo cock.

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  • [–] 14 points 2 years ago (1 child)

    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.

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