There was a time when someone asked me what my fees were that I had a real ,solid answer that I communicated with confidence.
9/11 changed that. Like many consultants I now have a sliding scale. I have the amount I want to make,and then there's the amount I will accept.
As they say, "it's a significant variation."
So, when I was snooping around The Huffington Post -The Blog and found this entry on The American Street I felt somewhat comforted that I am not alone.
"Real wages in the US are falling at their fastest rate in 14 years, according to data surveyed by the Financial Times.
Inflation rose 3.1 per cent in the year to March but salaries climbed just 2.4 per cent, according to the Employment Cost Index. In the final three months of 2004, real wages fell by 0.9 per cent.
The last time salaries fell this steeply was at the start of 1991, when real wages declined by 1.1 per cent.
Stingy pay rises mean many Americans will have to work longer hours to keep up with the cost of living, and they could ultimately undermine consumer spending and economic growth. "
The full story is in the Financial Times.
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