Originally Posted by
Fujiroll76
Anyone want to do the sums on a 2 year wage freeze, over the course of a 20-30 year career.
$5000…shove it
While I agree the 2 year pay freeze is ridiculous, the 2 year pay freeze is a relatively smaller loss over longer periods of time, i.e. 20-30 year career, than the lost income as a result of 2% annual increases (previously 3%). For individuals with a shorter timeframes however, the wage freeze will will be much more costly.