According to a recent study from Zillow, the typical "starter home" is worth at least $1 million in 237 cities, the highest number of cities ever. Plus, almost half of those cities are in California.
I offered to quit for 6 months to get out from a non compete since I am technically a contractor and that got me a new contract and a small raise… That was neat.
That works if you have negotiating power (i.e. marketable, in demand skills). It’s not an option for many people.
For instance, I live in Arkansas where Tyson Foods is a major employer. They have poultry plants in small towns all over the place. Higher paying jobs don’t exist in a lot of those places.
Have you had raises at inflation rate?
Only way to achieve that is to leave for a higher paying job, or threaten to do so, credibly. Worked for me.
I offered to quit for 6 months to get out from a non compete since I am technically a contractor and that got me a new contract and a small raise… That was neat.
I seem to have stumbled upon an employer that actually values its employees, seeing how I keep getting raises that match inflation.
Granted, I left a different job for that initial 40% “raise” …
We’ll see how it pans out.
That works if you have negotiating power (i.e. marketable, in demand skills). It’s not an option for many people. For instance, I live in Arkansas where Tyson Foods is a major employer. They have poultry plants in small towns all over the place. Higher paying jobs don’t exist in a lot of those places.