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Old 10-18-2016 | 04:44 PM
  #1477  
IrishNJ
Gets Weekends Off
 
Joined: Feb 2011
Posts: 209
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From: Back in right seat
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Originally Posted by Xtreme87
Not really that cut and dry. If profit doubles next year, your 3% is actually a loss. Then again if profits tank, we have a nice insurance policy. Looks like they made a bet on profits increasing for next year.
That's true. However I was replying to someone who was stating that it's 8% pay raise which it's not.

If people keep saying it's an 8% pay raise, someone might start believing that fiction.

[Though if profits double I don't see how it'd be a loss (assuming we'd get into the 20% PS range)]
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