Is there a law that prohibits companies from dening it's employee's raises?

Question

This company has added upto 6 new stores yearly and has again notified us that it will not be awarding any yearly raises this year. The corporate office is in TN with over 39 stores through out the US. Can they do this leagally?

Answer 1

Yes, they can deny raises legally. I left my company on my 2nd anniversary because I found out I wasn't going to get my first raise that year either. My co-worker told me she hadn't had a raise for over 5 years. I got a better job. I live in Tennessee and companies get away with murder. They make you do the job of 3 people with no raises or benefits. It's terrible and there should be a law against such treatment...)(

Answer 2

the basic rule of thumb is the employees work just hard enough to not get fired and the company pays just enough that the employees don't quit. fyi - unions were formed to force companies to provide a safe working environment and a just wage. it was later the unions turned to organized blackmail.
if the company is investing in more locations chances are the board of directors has made the decision to withhold raises. it is one way to keep the books favorable. it also encourages employees with little loyalty to look for another job. no unemployment to workers that quit. the company is trying to ensure a future for the business which means job security for you. besides, the increase in health insurance and other non tangible benefits more than likely ate up your raise. if you like what you do and they are a solid company stick with them. your reward will come somewhere down the road. don't make the mistake that the iron workers, steel workers, textile workers and the UAWs made. they negotiate high wages but more than half of them lost their jobs and the benefits that went with it.

Answer 3

Yes they can deny you a raise if you did not sign anything which guarantees you a raise every so often. In general, companies do not have to give you a raise. It is a "perk" or an added bonus to attract worthy employees and to maintain the employees they have.

Answer 4

Of course. There is no mandate for a company to provide any benefits, and technically, anything above minimum wage can be viewed as a benefit. You work for a penny-pinching company that doesn't care a whole lot about what they pay their workers. Deal with it or move on.

Answer 5

Not only can they never give you a raise, they can cut your salary too!

There is no law that says you have to get a raise. If you want to participate in their good business, buy stock in the company.

This is actually how unions started (I'm not pro union, but this is a fact) and why union contracts try to negotiate guaranteed annual raises.

Answer 6

Sure they can. The only thing the company is required to provide you is the agreed wage for your position. They are not required to share their profits, provide you raises, or, in Tennessee, even the guarantee that the job will last. (Tennessee is an "at-will" employment state).

Answer 7

once you paintings for a company, you paintings for that company and that they have got each remarkable to dictate what style of habit they anticipate from their workers. to illustrate, do you % a nurse or well-being care expert taking a decision whilst they are interior the path of surgical operation? for this reason the Hospitals all have a no cell telephone coverage. the corporate additionally has the remarkable to declare you have one hour for lunch, not extra, and the beginning time of an afternoon is 8:00 A.M.

Answer 8

Yeah and if you're worth anything you'll just go work somewhere else. When a company does this, you have a moral responsibility to quit. If no one ever quit over this, there wouldn't be much reason for them to offer competitive pay would there?

Answer 9

They dont have to give you raises. Just like you don't have to work there. Start looking for a better employer.