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30 CEOs That Live In Luxury But Refuse To Give Raises To The Employees Because They “Can’t Afford It”
Negotiating a raise is a delicate subject, isn't it? Almost everyone has experienced how tense the atmosphere gets when you initiate a conversation about your salary with your boss. Of course, some corporations genuinely care about their workers' motivation and happiness, yet there still are quite a few that choose to ignore their employees' needs.
Several days ago, Redditor Wageslave823 made a post about how their request for a higher salary was quickly denied. The CEO said the company simply "can’t afford it" but at the same time, he showed no intention of making sacrifices himself to help out the struggling business.
Apparently, this situation seems to be common since the thread received a deluge of comments where many people shared similar experiences. We have selected the most illuminating responses that prove some bosses are way out-of-touch and believe their luxurious life choices are more valuable than their employees. Read on to see what we mean.
A worker recently shared how they were denied a raise because the company "can’t afford it" while the CEO had no intention of making any big sacrifices himself
Image credits: Hunters Race (not the actual photo)
Image credits: Wageslave823
The thread inspired others to chime in with similar stories
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#7
Random Anon 4 years ago (edited)
Yeah they say, if you don't like it, start your own business. I did. Thing is, I'm not coming from money and contacts. You can only do so much without these "network cables". At the very least, I have more control. But down to it all, there are still "bosses" to answer to. More often than not, these people come from old money which you cannot compete with no matter how hard you work.
#8
Helen Haley 4 years ago
Yeah, 'appreciation meals' while being paid less always feels like a slap in the face.
#9
The Cute Cat 4 years ago
Jumping to other job is never a guilt. You never hurt anyone for advancing your career.
#13
#17
Dachshund32 4 years ago
They can learn just how to lie into employees faces. With pokerface of course...
#21
Random Anon 4 years ago
It's a normal theme since the days where the rich Lord lives in the castle and the serfs live in their mud hovels. People generally see business owners with authority and wealth like some kind of deity.
#23
#26
Honu 4 years ago
This isn't always true. Sometimes a business truly can't. Businesses fail all the time. However, that doesn't mean an employee should accept less than the market rate for their labor. No matter what they say, the vast majority of businesses do not value their employees as people. They are buying labor. We are selling labor. It is a market. Don't believe anything they say about being a family, or loyalty, or sacrifice. That's just them trying to manipulate you. They'll fire you in a heartbeat if it makes financial sense to them. You don't owe them any better than that.
#27
Linda Lee 4 years ago
2008, the staff of 5 was cut down to 2. We worked 50+ hours a week with no overtime pay because I was on salary. I asked for a raise and was told that I should be thankful that I had a job and reminded that there were 100 people ready to take my job. A month later, I quit but was able to get unemployment benefits due to hostile work environment. They hired two people to replace me.
#35
Nunya Business 4 years ago
Two months?!? You demanded a raise after working for only TWO months???
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What do you think ?
Kesam 4 years ago (edited)
My boss obviously makes more money than me but not an obcene amount more. He lives in a normal townhouse (like me), drives a normal car (like me), and goes on normal holidays (like me). Welcome to the socialist hellhole that is Norway! 🤗
Random Anon 4 years ago
Uhh I'm like that too. I live in the same type of apartment everyone lives in. Normal car, normal meals. A business owner does not always mean rich. I didn't come from money and connections. Just an ordinary broke.
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Nathaniel 4 years ago
Can we make it law that wages HAVE to rise with inflation? Also if management gets a raise, matching the managements percentage.
Majduneldb Hfidbrs 4 years ago
There should be a law in usa and canada that say at least 50% of profits for a private company and 100% for everything own by the gouvernement, have to go back into the company as raises, better equipement, renovations, employees well being or whatever else is needed. Not normal that they raise the price of food because of everything that's happened but the owner makes record profits...should be illegal to do that on essential products like food, if you raise the price the profits can't be higher than before
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troufaki13 4 years ago
I asked for a raise and they said no. A few days later they purchased a € 145 million property. I guess they were saving up for that hahahah
Kesam 4 years ago (edited)
My boss obviously makes more money than me but not an obcene amount more. He lives in a normal townhouse (like me), drives a normal car (like me), and goes on normal holidays (like me). Welcome to the socialist hellhole that is Norway! 🤗
Random Anon 4 years ago
Uhh I'm like that too. I live in the same type of apartment everyone lives in. Normal car, normal meals. A business owner does not always mean rich. I didn't come from money and connections. Just an ordinary broke.
Load More Replies... Nathaniel 4 years ago
Can we make it law that wages HAVE to rise with inflation? Also if management gets a raise, matching the managements percentage.
Majduneldb Hfidbrs 4 years ago
There should be a law in usa and canada that say at least 50% of profits for a private company and 100% for everything own by the gouvernement, have to go back into the company as raises, better equipement, renovations, employees well being or whatever else is needed. Not normal that they raise the price of food because of everything that's happened but the owner makes record profits...should be illegal to do that on essential products like food, if you raise the price the profits can't be higher than before
Load More Replies... troufaki13 4 years ago
I asked for a raise and they said no. A few days later they purchased a € 145 million property. I guess they were saving up for that hahahah
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