Caught my boss using a salary spreadsheet from 2019 last Friday

I was helping him update the team budget and noticed all the pay bands were still based on 2019 market data. When I asked about it he said 'nobody's complained yet.' Has anyone else found outdated pay info hiding in their company files?

3 comments

3 Comments

nancyj111mo ago

Well, I have to wonder how serious this really is. If the raises and hiring have kept up with the market, maybe the spreadsheet is just a starting point nobody bothered to update. I've seen worse - a friend of mine found their company still filing paper timesheets from 2016 because the manager was too cheap to buy new software. Unless your paychecks actually went down because of this, it sounds more like a lazy oversight than a big conspiracy.

marywilson1mo ago

Nancy's friend with the paper timesheets from 2016 is a good point, but the issue here is that the spreadsheet was being used to set actual pay for current workers. If you're being hired at a salary based on outdated 2021 market data, that's more than an oversight. A friend of mine found out her company's "market adjustment" raise was just a flat 3% across the board, which didn't keep up with her industry's actual 7% increase. So even if your paycheck didn't go down, you could be losing buying power compared to what the market is offering now. Lazy oversight can turn into a real problem if nobody's checking the numbers against current data every year.

the_thea1mo ago

That's basically wage theft with extra steps. 2019 data is FIVE YEARS of catching up you're missing out on.