MY RESPONSE TO DAVE RAMSEY - "Why Your Boss Shouldn't Give You a Raise Based On Inflation!"
ฝัง
- เผยแพร่เมื่อ 9 พ.ค. 2022
- 🔥 NEW! Resume Reviews, Custom Resumes and Templates, Courses, and Consultations!
joshuafluke.teachable.com/
❤️ Support me because corporate sponsors rarely do!
/ joshuafluke
👊 Join the community!
/ discord
My Other Socials🤳
/ joshua_fluke
/ joshuafluke 📸
/ joshuafluke 🐦
📧 Email me directly!: grindreel@gmail.com
📧 Business inquiries: Joshuafluke@thoughtleaders.io
My Gear ⚙️: kit.co/JoshuaFluke
More annoying is when you don't get the raise, but all new employees get starting pay more than your current pay rate, which you had to spend years to work up to.
Seriously! Ive been a nurse for 10 years and they're hiring nurses for the same and more than what I'm getting paid. What's the point of seniority and putting your time in. And then they wonder why people quit and move elsewhere
Facts 💯
@@strangeclouds7 the point is to finesse you
Your right about that one
And that's why you job hop, fuck em
Dave Ramsey is the perfect example of someone winning the lottery, then shaming everyone who wasn't as lucky in life to be born in the easiest time in history.
as a boomer it was not the Easiest time in history it was a lot easyer for WW2 vets
@@dknowles60 ive seen some boomers who didnt get college degree,when it mattered most or a great job position that gave good experience and gave a chance to buy a house or even 2nd rental home that quadrupled in value. A lot of them are lucky but not all. Some had learning or personal issues and ended up in their 50s and 60s getting 16hr or less and have no chances of retiring. The issue with millennials is a much smaller percentage of them get all that even with high GPAs
This is the easiest time in history. And a decade from now will be easier than that... You can literally sit at home and learn how to become a web developer by watching free TH-cam videos and get a job remotely (so you can move to a place with a low cost of living) and be making $80-90k in a year and be well above the average income.
You can also just apply yourself at basically any minimum wage job and become a manager within months and make decent money if you are lacking the ability for coding which many are obviously.
You can pick up a trade like plumbing, welding, etc and make a good living.
You can actually learn how to manage money and save instead of going into debt. You can freelance.
It isn't hard to succeed in 2022. People don't want to have to work for it.
@@dknowles60 Ramsey's father was RICH. When Dave says he lost everything, he means that he lost the MILLION DOLLARS his father gave him on a bad business deal. He was never "broke" like a common man.
Nobody ever admits to getting a break
This is why company loyalty like the old days, is an absolute “no-no”. Job hopping is the way to go with wage negotiations
Its almost as if people are naturally supposed to have new experiences and branch out socially in order to be successful...
but that's actually a luxury and would give employees a leg up so we cant have that.
This comment is key. I don't think business needs to give a raise to everyone and some may not be able to. If they can't, however, you cannot expect an employee to stay. If an employee chooses to leave for greater pay, the boss doesn't have much to say. To be fair, I do feel bad for the companies that cannot afford the additional pay, but there are alot of firms that can raise pay, refuse to do so, and act offended when employees chose to leave. I have a feeling that Ramsey is in the latter group.
Never trust a "Christian".
Loyalty is a two-way street. In the old days I gave the company for which I worked a lot of loyalty, and I received it back. Beginning early in the Reagan years, as the income of the ultra-wealthy began to soar -- their income is now about 400% more than in 1980, the company still expected loyalty and the employees gave them an approximate 62% increase in productivity over the same period. The loyalty was not returned. Since 1979 overall workers have received an 18% increase in wages while over the same time the cumulative inflation rate has had the effect of an approximate 310% increase in the prices. Loyalty is a two-way street, but if it is expected and not returned, job-hopping is a means of survival., quiet quitting is also a survival strategy.
A friend, a boomer who grew up in the shadow of Woodstock, owns a coffee roasting company that distributes Fair Trade coffee to several local shops and who owns a couple of coffee shops. He pays his baristas a living wage and runs staff meetings like a 12-Step meeting, i.e. he listens to and shows great respect for his employees. He is a Christian and a Buddhist and lives those values. He is a true anomaly in these times.
Job hopping every 2 years until you plateau is ideal.
Business owners like Dave Ramsey is why employees don’t work hard
and you shouldnt. you should only work as hard as they pay you, in otherwords act your wage
"When you increase value at an organization, they want to add value to your paycheck". This has never been true at any job I've held ever.
I've seen workers work their butts off at work for years and never get selected for the recognition award. It always went to the friends of the boss. Come to find out, district told us it was suppose to be the floor employees, not bosses or assistants. How low can people be?
@@brendaechols5929 That's because working too hard is ruining your career. If you are working so much, that you are effectively doing the job of two people, then replacing you will need two people, so that's why they prefer not to promote you, since managers (your new position) do barely anything.
@@Jose04537 exactly. It's all about saving money. Why waste my time hiring a 2 new guys at a higher salary in the current market, train them, maybe they won't even be good enough and leave. Why promote this hard working person to a new position where he might not be as good as he is now. When I could leave him in this position for X more years and save up a ton of money. The manager's duty becomes making sure you don't leave that position that you're so good in for a salary that was ok 2-3 years ago.
@@klauseba and that mentality is resulting in the tight labor market we are seeing now. at the very least give substantial raises to the guy working their butt off. not the 5-10 inflation negation. more like the 20-30%.
@@asadb1990 Studies say you make more money by changing jobs than "sucking it up" in one job your whole life. MILLIONS discovered that fact because they were lay off and were forced to find a new job. Employees also discovered that: Companies are not loyal to you; They CAN offer remote work; AND that they hate to post the salary of new positions because is usually more than what they pay their current workers.
Dave Ramsey: No to keeping rents down because you should be earning more.
Also Dave: No to giving my employees raises to cover the increased costs of landlords like him.
@@RePlaylist1 Your investment. Your risk. Yes.
You don't get to lay claim to a property, then charge the entire mortgage, tax, insurance and a kicker on the top for your walking around money and be protected from financial trouble. Essentially using the property to lay claim to 30% of the value of someone else's labor. Moving the wealth they create into your pockets. Now, you're providing a service to be fair, but those tenants; They paid the tax burden. They paid the bank the interest. They bought the house and don't get it. And they paid for the privilege.
@@Combatwhombat I love the flipped script. "of course owners should make more, thats payment for the risk," but then, "what? owner's should be expected to cover all that risk with the money you provide them." so it's only risky if one can't successfully exploit others?
@@PokeMultiverse If your income can't support the property without them, you probably have no business doing it.
@@PokeMultiverse I had to reread that. I was not expecting to be heard. Right. It's not only risky then, but given that most loans for rentals that make it past 5 years never default. The risk is pretty rapidly overcome by advantage.
Then they complain when workers leave for higher paying jobs.
It is beyond my understanding why a company would expect loyalty out of someone they refuse to pay fairly
Why would a company expect loyalty out of anyone?
Because,,Because, will give loyalty . They will stay you will be gone
@@XxXnonameAsDXxX It used to be that way where they would give you a gold watch after a long tenure as appreciation.
@@distordm_nx dude, that's just not true. that was always ultra rare to begin with... job hopping was the right thing to do in the past as well, but ppl didnt do it/didnt know about it.
Being loyal to the company I work currently work for, second in seniority in the 9 person department (only behind the manager), learning all but the newest job in the department (I have no experience at all with any kind of programming, but someone was brought in to start that and I have explicitly told them I would like to train in that area), constantly trying to bring new ideas and improvements to the table (only for the company to not want to look at it until one of their new single trick ponies was tasked with doing what I was trying to do years earlier), has brought me nothing but being much paid less than the people that only work in one area of the department, being the only one that is hourly, and the only one that doesn't have flexibility to work from outside of the office. No amount of talking to management has done anything to fix the issues. This loyalty on my part has me wondering if the couple of dollars less per hour (literally) I'd make working the ticket counter of the local laser tag place is a better job choice than working an engineering position.
So, you want me to show I'm loyal, show that same loyalty to me.
Dave Ramsey seems like the kind of manager who asks can you still come into work from the ER
Or if you can bring your laptop to get some work done when getting chemo.
The thing is, companies DON'T give you a raise when you are effective
only if u threaten to leave
TRUTH!!
Be popular not effective for promotion. Just like high school all over again.
When you give a notice or quit, all of a sudden they got a little extra money for a raise. FOH
This is what it looks like when you refuse to believe the system is broken.
Exactly!!!
Well, is not broken - for THEM
@@simonebernacchia5724 It will be soon. Once he starts losing employees and can't find replacements then you'll see Dave Ramsey cry.
@@AK-47ISTHEWAY Dave says he reacts to the market, so he's not going to lose employees when he pays market value for them
@@raiden031 Unless "market value" isn't enough to be worth it. Once. we had to fight for a 25% increase over a big index's "market value" for a new developer. That 25% brought him up to just about enough for a single guy to live on in that rather expensive area.
Guess what happened when someone offered to pay for what he could do instead of what job position he "qualified for"?
I don't know when Dave flipped from being Pro-worker to pro-employer but I can literally go on his own channel and find videos of him telling people to negotiate the hell out of every employer for every dollar because they're worth it. Now he tells people they're lazy.
If you don't like something then tough shit.
thats really risky advice
It's bc everyone used to want to be like Mike. Now they all want to be like trump
Old white capitalist boomer gonna do it
He’s corrupt. And he’s also a heartless ghoul
I love that every time they do their show it's just creating a list of reasons for why you shouldn't work at his company
Basically 😂😂
It’s a list of not to listen to his advice. He contradicts himself a lot lol. I don’t trust the man
Companies will give themselves a raise to cover inflation, but won't give their employees a raise for the same.
Welcome to corporate America kids!
Some companies are that way but not all. I might suggest that if you have such an ill view of corporate America, that you start your own company and pay people better than your competition. There isn't anything stopping you.
@@SteveMichael okay boomer
Governments/Companies/Organizations want good slaves who are married/have kids. After about 20 years working, I'll tell young people you should not have any loyalty to any organization, they will turn on you in a second when its convenient and fire/replace you. Also to ensure no slavery, young people dont get married and dont get a girl pregnant, make sure she takes the birth control pill daily in front of you and both wear protection. You will just condemn your new child to increasing poverty and freedomless slavery and these control/money/job trends worsen. Promote this idea in videos and social media to help prevent more young people into this new slavery.
And that's why no one wants to work for boomers.
@@sawyer4981 Real boomer moment. I wouldn't expect anything else from them. "Allow me to be a piece of crap go start your own company".
My previous and last "real job", I had asked multiple times for a raise and was told there was no money for it. Finally I gave in my notice and was offererd 4 times what I was earning to stay. Companies will pay you what they think they can get away with, not what you deserve
Did you accept the counter-offer?
@@gunadiwibowo9407 You'd be stupid to.
I would take the counter-offer with another offer on hand. 🦁
A counteroffer is a confession that they've been underpaying you.
Companies almost always have the money, they just might not have it *for you* ...until you become someone they can't afford to replace (cheaply; because everyone is replaceable but it's not always cheap). For scummy employers, you're suddenly important when you put in your notice (When you put in your notice, always say that you're open to negotiation and always get the negotiation in writing).
Second, and this is the hard part... when you put in your notice, you should actually quit. Now that you have your notice in, you are seen as a flight risk. HR is already sending out priority 1 calls for your replacement the day you agree to stay. Paying you 4x what you were previously making generally will not last unless you were that far below *minimum* industry standard. GET THEIR OFFER ON LETTERHEAD with the title and salary. Leave anyways, and use the offer letter to get OTHER companies to "match or beat."
For any new *place* you work, even if you've been in the role/industry for 500 years; You should be asking for an evaluation after your first 3 months, then every 6 months after that, until you are singing "big boy job" salary contracts (which you should have an attorney look over, and also take it home to read yoursefl--do both). Ask for an evaluation 6 or 12 months after your initial contract signing, If the evaluation is good, when the contract is up for renewal ask for a raise based on the evaluation. Make sure the evaluation is no longer than during the prior year to the contract renewal. If the contract is 5 years, you should have an evaluation Year 2 reviewing Y1 to scope out if they're "already done" with you, Y3 reviewing Y2 for renegotiation, and then and 6 months into Y5 in preparation for renewal. No matter what kind of employment, or what level, or if you have a contract or not, you You should always ask for a raise Day 1 of year 3 (of continuous employment), and the MINIMUM raise should should be no less than 12% (because if you change companies you'll get 10-20%), Whatever you're not comfortable asking for, ask for that. Because you'll usually be haggled down unless you have a *very* generous (and respectable) employer... or maybe they were originally prepared to pay more.
At my place we found out that the raises were going to the bosses friends she hired.
That's why our raises were low.
Joshua is spot on in describing how out of touch Ramsey is nowadays...he said you CANNOT BUDGET YOUR WAY OUT OF INFLATION!
I’m older (56) and have always been loyal to a fault. However, recent times, and your channel (recently found and subscribed), have made me realize loyalty is not an asset for me but a liability. Most companies have no loyalty to their workers or value that you come to work every day and work while you’re on vacation. Never again.
Starting a new job in a week for 20% more after my current employer said it’s just not possible to keep up with inflation as they turned around to purchase two new corporate jets
I thank God everyday, Im not in my first job. The corporate culture crap: give your best monday-sunday or we will kick your butt if ever there is 1 client complain about you.
My next companies, nothing like that.
No yearly increase in first company. If ever they want to increase your salary after 5 yrs, it's up to them.
Some friends remained there.
Now they are being yelled at zoom meetings if ever they are absent on saturday or sunday meetings.
I was working a software dev job just 6 months ago which gave me only a 2.4% pay increase. I considered it an insult. I got offered another job offering 55% more. When I told them the new salary I was going to be on, my manager's jaw dropped and basically said they could never match that. Needless to say, I am now working the new job.
The joke of it is, if they had give me just a 10% pay rise, I would have stayed. They didn't. Businesses need to learn.
Don’t settle for less, especially in this industry. I think software devs don’t get paid enough especially when they bring so much value to companies making hundreds of thousands if not millions of dollars to the company you work for.
Same exact thing happened to me cuz I didn't work overtime like my colleagues. Also got a new joh thankfully
I don't think devs really understand that you are the foundation of a tech company. If you all walk, the product is literally no more. CEOs can't even do what you do.
Look at it from the other lens - perhaps your old company couldn't afford to pay you that because your Manager was overpaid and taking up all of the budget. I've been in retail for 21 years and that's how I see it. For instance, at a big box store like Wal-mart, a typical employee only earns $35k a year, while the store manager can earn as much as $200k a year if it's a busy location.
@@violian5 I think your math is a bit wrong tho. Im all for money for the workers but if you look at the number of workers vs the number of store managers - so 300 vs 1 - even if you fire the manager and give all the money to the workers - its gonna be a drop in a bucket - coz 300 people will get a less than 2 % raise.
I changed jobs 4 times in the past 4 years and went from 40k to 110k. If your job ain’t giving you a raise, give one to yourself
your comment is really really SUS
Nobody goes from 40k to 110k in 4 years without completely changing careers. I think you’re leaving out some important details.
What Dave should have stated (or yelled) is: Unions exist because of bosses like me!
Stuff like this is why I have zero loyalty to any employer. You're paying me the minimum amount you can get away with? That's fine. I'll continue looking for the maximum amount someone is willing to pay me.
My company only has "merit" raises, not "cost of living adjustments"
Which tells me, they don't care if I can live. That's why I always keep my eyes out for other jobs.
I said this above but in the USA we have actually had negative inflation before. What would you have the company do then? Granted with the current Democrats and GOP those days are pretty much over. Way over with the current administration. Now having said that, I totally agree with knowing what you are worth and leaving if a far better opportunity comes up. I say that independent of inflation.
@@SteveMichael do not count on deflation (negative inflation)
It is an extremely bad sign for an economy as a whole and the economists will do whatever they can to keep inflation at 2%
Deflation can be more terrifying than hyperinflation.
They do care where you live if it benefits them
If you move to a cheaper state they can adjust it down
Has anyone said this needs to be an either/or thing? Of course it feels good to be recognized for working with a merit raise, but cost of living adjustments aren't about talent, they're about treating you like a human instead of as disposable.
Of course they should do both.
That's really bad dude, you shouldn't be "keeping your eye out" for other jobs, you should be actively seeking daily for better opportunities. Plenty of companies do both cost of living & merit raises. Cost of living raises also increase merit raises so you are missing out on quite a bit. For example, if you start at a company for $50k and get 2% inflation raise every year for 5 years, then get a 15% merit raise your salary would be $62,239.85/year. Without cost of living raises you would be making $57,500 which is a $4739.86/year difference. The numbers are even worse now that inflation is through the roof. Basically, any company that does this is just gambling their employees don't quit. It's too bad most people don't call their bluff.
Love how Dave says the market determines and influences the prices of his rental properties, but apparently the same thought process doesn't apply to wage/salary.
Oh, he implied paying market rates if you notice. He just didn't want to do cost of living/inflation increases. He seems to have a performance & department performance model.
I'm not defending him, his company seems to be doing fine so he might be able to afford it. I assume he has a bunch of true believers working there so more pay is not needed.
You mean wage SLAVERY.
Add smart dollar as a benefit in you recruiting skits. Lol.
He's got exactly the same mentality for rents and wages. If you want to occupy you pay the rent, if he wants your service he'll pay the wage. If you can get more wages somewhere else, he will sincerely wish you well.
One issue (among many) with the "you're paid what your replacement would be" mindset is that many companies don't realize the value of their most productive employees until after they've left. This is especially true in large companies where there's layers of management and lack of visibility on whose really doing the work.
Josh, you nailed it. Ramsey gives no cost of living increases, but he raises rent to match the skyrocketing rates. That’s all you need to know about Dave Ramsey.
This mentality is exactly why so many businesses are experiencing a staffing crisis. Inflation has caused their employees to leave for jobs that pay a living wage. They don't want to increase the "replacement cost" so now they are short staffed, which causes more employees to reevaluate their position and leave. Eventually they realize the "replacement cost" needs to go up, then they lose the people who don't get cost of living raises, and the newbies have to figure it out without the assistance of experienced people. The newbies quit and the cycle continues.
^THIS^
🥳good
And yet, employers don’t seem to care! Why?I don’t know, but they seem to WANT a revolving door of employees based on how they treat the people they have
@@m1975cl basically, yes. The mentality is, sooner or later some dummy will come along and work for substandard pay and treatment. If it doesn't work out, they'll find a new one. We're all disposable to them.
Key word: cycle
If it can be cycled, that means they’ll always be someone willing to take the job 🤷♂️
Dave is in the boomer crowd and can't understand that the money today isn't worth what he had starting out. The dude has always been a hypocrite and doesn't care anymore.
This boomer does, and this Ramsay turd is a fraud and a bad employer.
Boomers literally spent money and gave us the bill lmao
@@BorderTurrets I'm still payin too brother.
You’re giving them too much credit bro. They absolutely know but they don’t give a shit bc it doesn’t affect them. It’s ‘do as I say, not as I do’ in general with these mofos bc they’re good and don’t give a shit about anyone else
Rice and beans!!
When people went to tiny homes, tiny homes started costing $150k-250k. When they started living in vans, the vans are now nearing 100k. Anytime people find an alternative someone capitalizes it to ensure it isn’t affordable. This includes forcing poor people out of their homes in areas that are gentrifying. I was looking for a house before COVID and saw code compliance putting up fake charges on houses. All it takes is lining some guys pockets and he will do your dirty work. The properties had gone from 35k to 200k for shacks and decent homes were close to a million in this traditionally working class city.
It blows my mind when people act like you don't need to raise wages when prices of goods and services increase. You hired me at this rate, which allows me to have a certain lifestyle. When that lifestyle becomes too expensive to afford, I effectively got a pay cut. Luckily my company does give cost of living adjustments, but it's hard to believe businesses think it's sustainable to not give cost of living raises
I don't understand how people can survive without raises. But as much as I do not want to admit it as long as you can afford to repace everyone it may be an option to employ everyone at the same rate!!
Yup. some companies could be so cold hearted not to have yearly salary increase, like in my first company.
On my 2nd company, they have salary increase.
In my first company: toxic corporate crap culture + no yearly increase.
Employees there got older & dying either thru cancer or heart problem, evident of highly stressful corporate crap.
Some even died who are too poor despite being a loyal employee, no money for personal funeral.
Why be so loyal to that crap?
The fact that so many industries, even industries that require substantial skills and post-secondary education have 50-70% yearly turnover should be proof positive that these employers are not actively studying 'market conditions' but rather pride themselves in burning through employees like plastic water bottles.
Your comment is underrated. It needs a boost! The companies I have been at in the tech world… same deal. Burn through candidates until you find the loyalist at the cheapest price seems to be the tech industry motto…
Let them. Because those companies have poor leadership and aren’t worth working for anyways. Unless you plan on quite quitting lol.
Dave’s on-air co-hosts/employees are so spineless and kiss-ass to their boss it’s amazing, but I think Ken Coleman is the absolute worst of them all. Imagine you an employee nodding along smilingly when the boss says he doesn’t give inflation-based raises to employees.
yeah these people are even worse than their bosses. The purest of purest definition of corporate simp.
That would be where I walk off on the spot. Left a job for similar reasons.
@@holographicwing the ones that leave are better off anyway. Anthony O’Neal is doing well now with his own channel and doesn’t need to regurgitate Ramsey’s rigid money principles anymore to make a living now that he’s found his voice.
Trust me, people can say many things if you pay them enough.
@@harrytan5579 apparently they are not that well paid since their salaries aren’t inflation-adjusted lol
You can tell by Dave's body language that it's a game for people like Dave.
People like Dave are disagreeable - their ego's are so huge that they'll say anything and it doesn't matter to them - fact or fiction, right or wrong, friend or enemy they don't care. It all comes down to manipulating others.
No it come down to more profit for them😂
My job had a huge issue with high turn over rates in the last year. All of a sudden everyone was leaving. They would hire someone at 18-20 bucks and they would leave 2-4 weeks later. Wasn't until they stop hiring Temps and started hiring full timers only, starting them af like 25, with that SOME of them started to stay. And those that have been here longer got a nice raise. I feel that they felt they could hire anyone and they would stay, and when they realized service was going down, people were leaving, that is when they changed.
I do my best to avoid temp agencies. I'll look for a new job the entire time I'm working.
When I was younger I thought most businesses failed within 5 years because it’s hard. As I get older I realize it’s mostly because people are greedy and do things cheaply and screw over their workers. They don’t build for longevity, the build for a quick buck. There are staff shortages because companies allow customers to be rude and entitled and because of Dave’s mentality in this. A lot of people up top seem to think the conditions people are trying to make it in now are the same as when they did and and the have an attitude of f you I got mine.
Dave has always given me a weird vibe and now I know why. He’s a grifter who sold his supposed values for money. He’s “Christian” in name only to appeal to a certain demographic
His god is money. My bosses are the same. Act Christian but wont give raises to most people and overall cheapskates. I'm in the second interview at a new job this week so hopefully out of there soon.
He's obviously a sociopath, that's the issue.
If he calls people servants he's not a Christian because every human is supposed to look up to God not look up to their boss
It's hard because these larger businesses already exist and have such enormously unfair advantages compared to you. Your costs are higher so you would never be able to compete with these bigger retailers for example and you'll get hit alot harder at tax time than they will Edit: Essentially the game is rigged against any new business that tries to start
@@aaronasencio9459 Christians are literally called to serve others in the name of God. It is not inaccurate.
"And Jesus called them to him and said to them, "You know that those who are considered rulers of the Gentiles lord it over them, and their great ones exercise authority over them. But it shall not be so among you. But whoever would be great among you must be your servant, and whoever would be first among you must be slave of all. For even the Son of Man came not to be served but to serve, and to give his life as a ransom for many."
Mark 10:42-45
The problem is that Ramsay is simply not following the Word of God, as he is supposed to serve his workers as well.
edit: I suppose it's confusing to say servant of God instead of servant to others in the name of God
Dave is full of it, I would respect him if he didn't have such a fake goodie Christian act. He should just come out and say inflation is an opportunity for someone like himself who has an asset paid for in full to make even more money, that's it.
I agree, Jason. Dave wants to fire people for cheating on their spouses and such because it isn’t a Christian thing to do. Then, he has drinking and gambling at his company Christmas parties. Go figure. He is a charismatic devil, plain and simple.
Bingo. Best hedge against inflation are hard assets like real estate and commodities (energy, gold, lumber, etc). If you are a worker who doesn't have hard assets then follow Warren Buffett's advice and become highly skilled in an in demand field. Then you can always go out and get a better job with your skills should a butthead company try to underpay you.
@@eq2092 why not have a company trust that holds assets that hedge against inflation and are solid during recession, and make this available to all employees in that company that works for say 6 months
@@lavellelee5734 I can handle my own investments. I would rather more cash in my pocket I really don't care what mechanism the company uses to get there.
If he were really a christian, the people who have been fired for cheating on their spouses or whatever would be forgiven and he would be trying to help them walk away from their sin.
He's like a Boomer televangelist from the 1980s. What my old man, a product of the depression, used to call an ice cream christian.
I was working for 7.35 hear in the state of wyoming, after 8 months they raised it to $8.50 then once they started loosing all the other lifeguards, They hired on 5 new lifeguards at $10.05 an hour and I got raised to that. After I've made 10 rescues and worked there for a year, I'm making the exact same as people freshly trained with no experiance. So anyway I'm looking for new work, Screw them.
I have multiple friends on their way out from Ramsey because of how little they pay. It comes down to a lack of valuing your employees.
So happy someone is calling out Dave Ramsey!
He sucks big time.
You wonder if there is high turn over at Ramsey? Look at how many different co-hosts that he had.
Josh, I just found your channel. I am a Dave follower for the longest time and I am in Baby step 6. Guess what, you are 100% correct. Sometimes I realize that Dave becomes so obsessed of money-making that he forgot he markets his business based on the scriptures and becomes so toxic and disrespectful to callers, talking over them all the time. He's head gotten big now that he's on top. God bless you man for speaking facts and the truth.
Dave is a good example of Proverbs 16:18: “Pride goeth before destruction, and an haughty spirit before a fall.”
@@josephbrown9685 Can't ignore the elephant in the room. You just can't
@@GreyStreet14 Right. It’s good that you don’t ignore it. There is a perception that a lot of people seem to have about Dave, but once the reality is seen, it can’t be unseen. Perhaps his advice is useful to some, but his attitude is an issue.
@@josephbrown9685 His advice on finances work! 100% of the time. My life is much happier and better following his steps. I just stop listening to podcasts and shows now because he's getting really disrespectful and rude to callers
"When you add value to the conpany the conpany wants to add value to your paycheck" he literally contradicted himself. Why would he add value to your check when he can just fire you and hire a less valuable employee to do the same job? What he wants is for YOU to add value to HIS paycheck
Watching you makes me realize how brainwashed corporations have made me.
I once had a remote software engineering job, as an independent contractor, that paid $75/hour.
After 30 days I quit (my project was complete), because their idiotic corporate politics were unacceptable.
They begged me several times to come back as a full time regular employee.
I will never agree to "other duties as assigned"; I only do what my contract says I will do.
💯
I see you are a Cappy fan haha
What if your contract mentions "other duties as assigned"?
@@Michael-vf2mw I'm guessing he'd either try to negotiate its removal or refuse to sign the contract.
I "agree to other duties as assigned" and then I asked how much more I'm getting paid for said duties. I'm "willing" for "money."
Joshua got me laughing and take this really serious when he said " what happens when someone who works for Dave has a landlord like Dave" 🤔. Dave should just say it's complex and he doesn't have an answer to the COO instead of playing both side.
Dave and company are selling a repackaged course which I suspect is very profitable!!! Not that he is into drugs but you do realize that with many dealters they can double their money in only a few months!!!!
You have a great pair of characteristics Josh, gratitude and compassion. You have been through shit but you are def blessed.
It's always interesting how it's cool when the market raises the costs of everything else, but when it's time for labour's costs to increase, it's all "suck it up" or "find a better job" or "learn to budget" or "you should/shouldn't have gone to school".
gas is too expensive? just buy a tesla
I'm a highly skilled tech worker and now that I know what kind of boss Dave is, I would never work for him.
I have gotten emails from them recently. Apparently they want to "fight toxicity" througb some technical offering.
Someone show Dave the parable in Matthew 7
Unfortunately there are millions of bosses and managers out there like Dave, I unforunately think bosses like this outnumber good bosses in America. The system is so incredibly broken here....
Ironically he had an ad on Facebook recently which said code to get great things and here is where it happens and it showed a cubicle with a 2007 era single not dual non wide screen. That was a message. Dave preaches against work at home and that meme was a code word saying MUST COME IN TO the office etc
Same. He is a egotistical boomer who is out of touch with the current reality
I generally like Dave because he provides useful and simple advice for the vast majority of people.
But when there is any conflict between employers and employees Dave ALWAYS takes the perspective and side of the employer because it's not about the particular case, it's about telling his own employees what's up.
I imagine that is why Ken has been riling up against Telework, they probably had a ton of good folk leave because they refused to go back to the office.
I remember how thankful I was a couple years ago to come across D.R.'s video on how to confidently negotiate to debt collectors; thinking he was a good guy for helping his "fellow man" find a way out. I guess the sentiment didn't age very well. Greed corrupts.
LOL. Dave Ramsey is a total ass here. Yeah, Dave let's just let the employees struggle over the years. Last job I had they gave no raises over the course of 5 years...yes FIVE years. Ridiculous.
he's a boomer what do you expect
My employer is the same way, no raises between 2016-2021, and finally it went up about 15% last year and then 10% this year. Finally!
5 years with no raise why did you stay that long for???
A friend of mine went 10 years without a raise.
@@waynewayne8419 as a Gen Xer I know full well what people like him are. The boomers looked initially on us l as a challenge to their authority. And that's been done to the millenials now as well. It's class war at its ugliest
Seriously, if my employer flat out refused to give me a cost of living wage increase, but gave me some Dave Ramsey program tk teach me to budget I would be out the door nearly instantly.
made me smile hearing how your helping a family afford a home. i am in a similar situation where our rent has not increased over this past two years. if my family had to move today, our families quality of life would nosedive. the kids would lose the backyard, trampoline, and we would probably not be able to keep our two huskies because the nearest thing we could afford in todays market would be a much smaller 3 bed apartment.
Thanks for doing what you are doing Josh and calling out these assholes.
These guys really have such a sincere disdain and animosity towards employees that it's mind blowing. How fucking DARE you want to be treated like you have value beyond the profit you generate for them?
This comment is underrated
Right? I sincerely believe now that Dave has some sort of Cluster B Personality Disorder, most likely NPD and needs to feel in control, highly knowledgable about everything and "powerful" for some unknown reason (truamatic upbringing? Who knows...?) surronded by enablers and yes men (Ken for one). He tempers this side of himself with his "Christian values" but that doesn't seem to be working well for him so far....
"How dare you not see the same value in me as my mommy does" lolololol.
@@pearlsswine Is this directed at Dave Ramsey, or the commenter? I genuinely can't tell lol.
I didn't get a COLA raise last year due to covid. This year our "COLA" raise was 3%. Inflation is over 8% which is the liar government number, it is actually at least double that. In a normal year we usually get around 1.98% raises. This is why people are sick and tired of corporate America.
Don't forget you get income taxed on that COLA, often reducing it by at least a third to a half.....
They didn't give you not even a Coca Cola..
You are an amazing person for letting those people that rent from you make the home their home, and you care about them. Great video!
“Be sure to love Jesus on your way out” 💀🤣
"You can't serve God and money." Dave Ramsay's god is money, so eventually he'll always come down on the side of his master. He wants to think that he serves God, so he invents little trite sayings like "it's not me evicting you, it's the market!" so he can absolve himself of the guilt of evicting a family from their home so he can make $300 more per month... but that's just it... God wouldn't have you do that.
Matthew 6:24
Hiding behind the cross, while he bashes his employees heads
He didn't even cite rising costs for the owner for maintenance, property tax, etc, which would be completely legitimate reasons for raising the rent even for a Christian. An increase in market rent doesn't force him to raise rents.
I agree 💯
God said to never put your trust in humans as we are all born of sin.
And he sounds and looks like he's been living in his wealth too long to know how a regular working class person has to survive.
George offering a copy of Ramsey solutions to renters being kicked out their home, for being unable to pay a rent increase, is one of the most tone-deaf things I've ever heard. Also for all of their talk about caring about their employees and forcing them to work in office, the fact that they won't even consider salary increases in line with inflation shows just how little they care.
You crack me up so much! You funniness & honesty is so freaking refreshing. Josh, you rock!
You’ve earned a subscriber my friend. Love the way you speak
What made me loose interest in Dave Ramsey was what happened with Chris hogan. They straight up deleted all his stuff because of the affair he was having. Of course he did break the contract but that was kinda a dick move.
Then that made me discover one of the worst things ever.
There was an employee there who got pregnant outside of marriage and since Ramsey solutions is heavily Christian environment. They straight up fired her on the spot when she asked about maternity leave.
Very toxic environment and to be honest it makes me question everything that I used to respect about Dave Ramsey
Man this gets me so angry thinking about how difficult it's going to be for me and my generation to actually buy houses and everything
Just vote for biden in 2024, he'll fix it 😆 🤣
@@browncatwithblurredbackgro2461 being a landlord is entirely a big choice and asset/responsibility and is completely different from being helpless to the changes in local economy and housing market. Seems like a very out of touch comment that is just looking for any way to victimize landlords imo.
“You’ll own nothing and be happy”
You just have to invest in as assets class that has the lowest barrier of entry. You can put a few hundred dollars a month in stocks or crypto every month. These are two assets classes that increase with inflation.
In my first job I went over and beyond and had evidence of saving the company millions. I finally got a promotion but only 5% increase and my salary was still below the average for the region/type of job. Then a new employee joined at a starting salary already higher than mine. I had to train her, she was lazy af yet believed to be an asset for the company. A few months in she asked for a raise, not based on her results, no, because she got pregnant and was looking to buy a house and to everyone's shock she got it and was bragging about it. I learnt she was nearly on 10k more than I. That was the last straw, I handed in my notice the next day.
You have to be popular. It is like high school all over again in corporate crap culture.
@@dianaverano7878 so true! Everywhere I went popularity had more value than results. Although I've been at a new company for 8 months now and it seems really good. Mostly remote and they are rewarding the hard work. Fingers crossed 🤞 it stays that way
@@unicornishcornish that's great that you are more independent in your new company. Less interaction, less favoritism.
Had that same experience too.
Leave a company that is toxic.
in my first boss was nice but played favorites.
Never made people permanent status unless a favorite. Favorites get complete salary, being absent in months.
Jumped last yr, i am at my happiest.
No more favoritism + toxic corporate crap + micromanagers
work in govt school, coworkers & boss are chill mode + laid back types.
express they want me to stay.
Everyday is a happy day.
@@dianaverano7878 don't know you but I'm happy for you that you found one of the good ones too 🙂 I hope more employers get their act together, will have to when they realise their pals are only good for a laugh but no work gets done and all the hard working people are gone
hows homelessness?
Wages absolutely do go down when there is deflation.
My job gave me a 20% raise and I am very grateful
Congratulations!
Congrats 🎉
I find the irony how Dave Ramsey, caps so hard he has "Christian values" but can't give people raises based on "cost of living". Also I have another problem is his nepotism, if you look at all of key players of his company are all family members. So no matter how hard you work, there is no chance you will ever get the top spot.
Exactly. That is why they have all of these excuses to not give you a raise or promote you. I bet he is laughing that his poor employees are working for coins.
Allways remember that according to the bible, no rich person is allowed in heaven.
There is no rich christian.
Yeah. As if ALL his family members are the best in class employees 🙄
There is a big schism between “Christian values” and “American Christian values”.
@@einCAA this isn't right. The verse I'm sure you're thinking of is more meant to be a warning against how the excesses of wealth can take our eyes off of Jesus. It's not a condemnation of wealth itself.
Dude... I love you. There, I said it. Thank you and God bless you. You are fighting for all of us.
You have a giant heart dude. Love the energy.
These guys are great at business and shitty at being human beings.
Keep up the good work
As a salary engineer who is struggling to move a family of two small kids, into a house I could've afforded pre-pandemic, I want to tell you (what I'm sure you already know), what you are doing for that family, is something special.
There's a special place in heaven for you man...
Housing WILL tank, but eventually THE EVERYTHING BUBBLE will also burst. There _might_ be a short window between the two. Be sure to own the actual ground itself, not just the house that sits on top, Stay tf away from subvidisions or "neighborhoods" you don't actually own anything in them except a house that you probably won't be able to afford to pick up with those fancy helicopters, IF it can even be picked up in the first place. And believe it or not, the house itself can be "evicted" from the land it sits on if you own one but not the other. True land titles/Allodial titles are the ONLY documents of real estate ownership, and even then, being granted by another, there are holes in your claim. Everything else is a "use lease" (or titles for the accessories). If you have a true title, you're literally on your own. The cops wont come, no fire, no rescue, nothing UNLESS you contract with them directly. But you don't owe taxes because you own the land itself unless you want to tax yourself. Also, you are much more subject to uses of force to "reassign ownership." You cannot keep what you cannot defend: 2A is your friend in these cases. You own nothing if you're dead. "And you'll be happier than ever"...
@@randomuserame 'MURICA.
@@randomuserame Dave Ramsey says it will keep going up and it's a great time to buy a house now
@@randomuserame if there’s one thing we know about wealth it that the rich will not suffer a crash. Tax dollars and bail outs will save the, “capitalist” system that saves businesses to big to fail…..
Your boss should not give you a raise to cover inflation to remind you they have no loyalty to you, to remind you are not like family, and to remind you to feel no hesitation to clear the personal items out of your workspace and start interviewing for a new job, and to remind you that you don't owe them a second's notice or an exit interview.
I love this. So much truth!
I work HR/Payroll and I tell my employees this ALL THE TIME! They are usually shocked but I tell them all the time, if we were firing you, we will not give you a fair warning. We will just fire you an hire someone else. I tell people, you are paid for your services that it.
Do you ever owe them notice when you quit? Isn't the whole purpose of giving notice so that 1) you could ever come back or 2) if a new company reaches back to your previous employer. So you can go the no notice route, but it could cause you problems.
@raiden031 - I gave notice and when I tried to get my old job back, they wouldn't take me back and they are hurting for workers. I always went above and beyond but they got butthurt over me leaving (okay, I left twice but both times put my notice in) and yet they would rather take no help and constantly suffer than take me back short term.
@@ShyMplsMale lmao...so you’re a serial quitter 😂. I almost understand them...I’d be like fuc you too 🤣
"If they can't afford my rent when i raise it, they'll never be able to afford it"
"Oh also we don't give raises based on inflation"
I was a landlord from 2015 to 2021 and I didn't increase the rent at all. I preferred a family that would take care of my house over profits.
I accepted a lowball offer from an employer to gain new skills and experience in another department. After 1 year of working short staffed and my employer having difficulty hiring a new employee to help us, due to the low pay offering, I began setting up interviews with competing companies and was offered a great position with pay well above what I was earning with my employer. I went to my department Lead and shared the information, who shared it with our Director, who then shared it with the Head of Physicians. The Head of Physicians made changes not only to my pay, but also to my coworkers’ pay; because our increased pay was then equitable, and a new employee was hired, I happily stayed until my retirement. I appreciated the Physician’s very wise decision. Not to mention my increase in pay.
@Happy Listener, you were lucky that your employer's counteroffer worked out. Statistically speaking, about 90% of the time counteroffers don't usually work out.
@@chrism3198 Lol!. Actually, I knew it would work out, as his Executive Assistant(it’s advantageous to have friends) shared a message the Physician sent out. Stating, to make this pay change happen. Either way, it would have worked out for me. I was ready to accept the higher pay offer from the competing company, if it didn’t change with my employer.
@@happylistener4628 I think what he meant was that the pay increase is only bait to get an employee to stay just long enough for them to find a replacement.
Often times, managers and such see any attempt at taking their power away as heresy. So just by saying "I'm looking for another job", you're telling them "Your don't have power over me anymore". Obviously, they hate that. So much so that they'll offer you generous pay just so you will turn down that other job. Yet they'll still fire you a few months later for "reasons".
In other words, it's a trap.
@@thefalseheroold7460 Although there are no guarantees in life, my Faith sees me through life challenges. When considering my employer increased pay level for my coworkers and myself, as well as base pay for future new employees, I trusted it wasn’t just bait for my short stay. Not to mention, no worries here. I knew I could easily find and land a position with another company. No problem. So these greedy, insatiably money hungry, wealth hoarding monster corporations’ schemes/traps don’t work on me. I have never been materialistic and always a saver. Marketing/consumerism doesn’t work on me. Losing my Mom to cancer at 62, I realized just how short life is. Living frugally within my means, a minimalist and buying only the necessities: food, I retired early at 60 and happily left the rat race workforce debt free and stress free. The work will always be there. It’s never ending. Time and family is what truly matter. Retirement is good.
@@thefalseheroold7460 yep, exactly that! Not only that even if the pay was sincere to keep an employee the reasons for leaving before outside of compensation will still be there and 6-12 months later they're back on the job market again.
Dave Ramsey " I feel bad for them, and their situation, I really do"
Also Dave Ramsey "You can't expect me to feel bad for them. Not my fault they're in that situation"
Your channel has helped me see corporations and this country for what it is in a simple manner, Be blessed!
American Electric Power is currently experiencing high turnover in its customer service. Turns out people working there for 20+ years are making the same as people working in a gas station (Buc-ee’s for this example). Now they’re thinking of giving cost of living increases to help keep employees.
My current employer told me to lower my standard of living so I didn't have to get the raise I wanted... I was like seriously??? My last employer has the mentality of " a dead employee is a good employee"
Just don't die at work that would be inconvenient for them and make them fill out paperwork 😂
@@gokublack8342 I could be hit by an asteroid while standing in the building, and they would still say it was my fault. Just so they didn't have to file a claim and pay for my funeral
@gregleblond9367 Them: Can you go hit by an Asteroid somewhere else like across the street 😂
In the wise words of Mr Trash: "I will never increase the salaries of my workers based on inflation, but I will always increase the rent. Deal with it!"
Looks like Dave Ramsey has a romanian mentality..)))
holy moly you sir just earned my respect after hearing about how you rent and treat tenants...you rock!
I love your stuff Josh, keep it uup
“They get paid however much it will cost to replace them”
But if the market rate for the job has gone up because of inflation you’re not doing that because you’ll have to offer the job at the current competitive rate…
Wouldn’t be surprised if breathing for this ceo is a conscious effort
You have to take Ramsay’s opinions and advice with a grain of salt. He has great “basic” personal financial advise but he is a Boomer and some Boomers (not all) get stuck in the way things used to be when they were growing up forgetting that the times change.
That said Nobody is entitled to anything either, which is why it’s best to get something higher paying when due for a raise. Business goes both ways so when you view yourself as a business it helps better… find a better deal. You don’t owe your employer any loyalty either.
He always argues that paying off mortgages early is critical. But during the past few years of low interest rates, the inflation has gone much worse. I used some online mortgage early pay calculators to do some case studies, and the result make no sense. He’s stuck in his own safety net and cannot adjust to these cases.
@@mingchi1855 there’s some math behind it but if you got a low mortgage rate it’s better to keep that and invest money into higher return investments (not now in this economy) but normally. Why rush to pay off a 2% loan when you could make 8+% in the stock market. Sure you can dump all of it and pay off the house but you have nothing left to invest.
Every job I have worked at is like this, or worse. Some get raises and then they fire others to cover the increased costs. When people leave due to overwork they hire new people at pay lower than the original wages before raises went out. One of my DM's solutions, warn they will write up management for giving the non-keyholders more than 4 hours/1 shift a week.
The store typically had 4 keys and 4-5 associates, they wanted us to have 10-14 associates instead, and that still wouldn't make payroll due to how many key-holders were needed to cover empty shifts.
Great video as always!
Why your boss should not give you enough money to avoid starvation
It got ridiculous right from the start.
"So, I'm the CFO of a small business...".
Name ONE small business that has a CFO. Hell, a "small business owner" wouldn't call themself CEO.
Ramsay's always good for an active dumpster fire.
They'll call themselves a "small business" if they aren't multinational yet. Just like "startups" with 10 year histories but no real profits.
As long as a business has less than 500 employees they can claim the title "small business". I agree though I don't think really any small businesses havea CFO and if they do they really just wanted the title that bad.
They do it all the time. Ive seen small retail franchise owners refer to themselves as president and CEO. They are also the people who share Dave's greedy outlook on inflation. Fuck my employees. Fuck my renters.
Great video! Keep it up. Didn't know Dave was so cold hearted. Used to watch his show. No longer watch it. By the way, I heard he was getting sued.
Dave proved himself to be a d-bag with those comments. Grace and mercy apply especially to tenants who are adversely affected by inflation. My company president bought Dave's smart money plan for all 100 employees. A year later he seemed astonished that not one employee used the plan.
Dave Ramsey is a "quintessential Boomer" - of course not all older people are like him. I'm GenX and I've seen his type of brand around since the 80s: greed draped with Christianity and good old Rugged USA Individualism. I'm glad younger people are being better than this, finally, thank you.
What kills me is this 'individualism' always involves being a slum lord (within the market demographic), and not actual individualism. I guess that's why on his facebook page there's manicured lawns, but no productive gardens (that I've seen anyway).
Lol. Better. That's funny.
Compared to stupid Gen X people who felt so virtuous using the government to steal other people's money. Blame being broke on yourself instead of being jealous of people who actually worked and invested.
@@Akihito007 Actually, that was mostly the Boomers too.
Yea strait up
Great video as always. I worked for corporate America for many years. I am going back into the workforce but not to deal with this crap.
It's all about being competitive. I worked for a company that was severely understaffed, because they were paying significantly less than all other similar businesses in the area for the same type of work. They had no idea why no one wanted to work there or why people would start and quit days later... I tried to explain to them that it was possible people were being hired, worked for a few days and got a call from one of those other companies they had applied to that offer more. They looked at me in bewilderment. They couldn't comprehend this. I personally got sick of being understaffed and having to work long hours so I quit.
I couldn't imagine being that lady taking on that advice; and they wonder why people are leaving their jobs.
Her concerns were rising costs and employee retention, they completely turned it around on its head making it an employee problem.
Just crazy! I used to listen to that guy and clearly he has lost touch. Dave seems to miss the 1.9 jobs to every one American in the last stats.
I had a conversation with a business friend of mine who was telling me he just finished updating his employees wages to reflect the cost of living.
He would rather hang on to his staff then have to go out and try to attract new ones in this market.
Would you deny an old man his walking stick?
No loyalty to me?
No loyalty to you.
Low pay for me?
Low work for you.
Denied time off?
Then get a call off.
No overtime?
Then you get downtime.
You get what you pay for
The way CEO's and the elite act makes it really hard to root for humanity. All this coldness and harshness towards the people that they lead instead of acting like ACTUAL LEADERS just exposes them for the spoiled children that they are. Bring back the actual free market and send all these heartless gluttons to the trash bin of history.
As a Christian, Dave should feel ashamed and beg his Creator for forgiveness for the hubris, greed, and sheer nerve of saying that people should just work extra hard and prove they should have multimillionaire Dave, make sure that worker doesn’t take a 10% pay cut.
Nope. I’m done with you, Dave. There’s nothing worse than a hypocritical Christian. Get off your high horse, and pray for forgiveness for this!
@@sbrazenor2 Then maybe the executives should take a pay cut too - but noooo, Supply Side Joel Osteen Jebus 3:16: "We rob the poor to pay the rich, we are all fascist sons of a !"
@@sbrazenor2 yea you REALLY aren’t grasping it are you?
O well….it does take a certain level of IQ & basic human decency.
No hope with the chronically brainwashed 🙄😂🤮
Yeah I'm a Christian and I agree. "We can't give a raise to you right now" is a fine thing to say if it's true. Either you have it or you don't. But making a philosophy out of not helping your employees out is just sad tbh.
@@sbrazenor2 Not really, no. At least not in the New Testament anyway.
So, respond to Matthew 20:1-16 where Jesus basically affirms people agree to the wage they agreed to, no matter what time of day they started?
Even though TH-cam removed the like/dislike bar, you can still sense an overwhelmingly negative reception in the comments of Dave's video. Shows that he is doing "better than he deserves".
Watching Dave for a few months helped me get out of consumer debt but as I got closer to consumer debt freedom I really started to see How Toxic he is. Never follow 100% of anything that anyone says..listening to him helped me get out of debt..listening to self helped me get happy, healthy, and wealthy.
I rock with you Josh. God bless you brother 🙏
I'm a highly paid Software Developer and I dont give a shit if you give me a raise or not because if you don't pay me appropriately I'll just leave and get my raise when I negotiate my new wages elsewhere.
My boss did tell me that it would be better for me to leave the company and come back if I want to exponentially increase my salary expectations lol I truly appreciated his honesty.