Will You Be Replaced by Someone Cheaper? It's the Great Salary Reset
The Money with Katie Show
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Navigating Complex Salary Dynamics in the Workplace
This chapter delves into personal experiences of individuals facing challenges related to salaries in the workplace, such as being replaced by cheaper alternatives, salary resets, and promotions with increased workload but minimal pay raise. It also discusses the impact of cost-cutting measures by companies through replacing older, higher-paid employees with younger, cheaper hires, affecting both long-tenured employees and newer hires.
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