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Author
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Topic: Retroactive pay
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67stang
Gearhead Posts: 999
From:
Registered: Jun 99
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posted 01-24-2002 11:36 PM
   
I can check my paystubs on the web. No biggy, I find out 1-2 days before I get paid what I get.
But today I checked and I have something called Retroactive Pay. WTF is that? I am going to ask if I see a manager tomorrow.And driving my truck to work is actually joyful.
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mustangs68
Moderator Posts: 13357
From: Hampton,Virginia,USA 1968 Fastback & 1995 Vert MCA#39406 M&M #12
Registered: May 99
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posted 01-25-2002 12:03 AM
Did you by chance get a salary/rate increase in the last week or so..see below
...a retroactive payment if the effective date of a salary increase precedes the beginning of the current pay period.sam
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68 S-code GT
Gearhead Posts: 335
From: Sayreville, NJ, US
Registered: Mar 2000
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posted 01-25-2002 07:40 AM
I work for a county here in NJ and get this every year sometime in march. Once the 3% cost of living increase gets approved they give you the difference from the back pay from the start of the year. It?s a way they catch you up so you get the money you are entitled to.
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SuzyQ
Gearhead Posts: 1955
From: Garner, NC
Registered: Sep 2000
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posted 01-25-2002 02:36 PM
Dont worry honey, it's a GOOD THING. 
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Ked
Moderator Posts: 6560
From: Don't Let Your Mind Wander....it's Far Too Small to Be Out There By Itself!
Registered: Jul 99
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posted 01-25-2002 03:46 PM
Every year the lazy slobs in Raleigh go past the Fiscal calender (at about 1.5 billion a day for them to be in session and this state is BROKE!). This year, the budget was not approved until October (could only give us a 3% increase, 'cause the State is so BROKE but held the longest session ever at a cost to tax payers of 1.5 billion dollars a day) so November's pay had the "retroactive" COLA included. Looked like a decent sized raise until the following month......  Then the true story was told.......
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67stang
Gearhead Posts: 999
From:
Registered: Jun 99
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posted 01-25-2002 07:20 PM
Come to find out that my COLA was to take place last November and it never happened. So they are making up for it 
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MrWesson22
Gearhead Posts: 568
From: Dacula, GA
Registered: Sep 2000
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posted 01-25-2002 08:55 PM
I've been with my company since October 00 with no raise so far I was told when I started working there that they gave "good raises" every year. It turns out there idea of a good raise is 4%, and every year is optimistic bc everytime money gets tight (like now), they put all raises on hold indefinately. Nobody with the company has gotten a raise since before July. The end isn't in sight yet either unfortunately. But I can't complain too much - my boss treats me well, and there's a lot to be said for that.
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Neal
Member #723
[email protected] AIM: MrWesson22 69 Gulfstream Aqua Grande
351C/Toploader 4sp
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mustangs68
Moderator Posts: 13357
From: Hampton,Virginia,USA 1968 Fastback & 1995 Vert MCA#39406 M&M #12
Registered: May 99
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posted 01-25-2002 10:04 PM
Don't get me started This Dumb A$$ we have for a (insert upper management position) 4 years ago stood up in a Meeting in front of all of his Supervisors and told how he was going to do year reviews and rates for "his" Supervisors. Well it took 4 months for this to happen the 1st time and the "Major" raise was..30cents..yes 30cents and I got the BIG ONE....and it's now 3 years past and not even a peep out this self serving sob. sam
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