FlyerTalk Forums - View Single Post - Big Business Pledged Gentler Capitalism. It’s Not Happening in a Pandemic.
Old Apr 14, 2020, 2:49 am
  #14  
EuropeanPete
 
Join Date: Feb 2008
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Originally Posted by CPRich
How is a raise next year guaranteed when it was given then rescinded this year? Do you have access to some guarantee mechanism we aren't seeing - please share.

A 7.7% raise in 2021 after, reportedly, no increase since 2017 is a 1.87% GACR. Inflation in the US has risen 8.03% over the last 4 years.

You find a raise below the rate of inflation to be reprehensible?
Given the context, I don't think Marriott's employees, franchises or hotel guests are going to look favourably on this. Quite apart from society as a whole, if you believe in that kind of thing. For me it's another example of where Marriott's values and corporate culture just appear to be reminiscent of the world of 1980s American capitalism - time for that part of history to be buried.
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