Dollar value changing fast and salary doesn't change

manpreet Best Answer 3 years ago

US dollar is changing very fast in my country now. I'm working for a foreign company and I get a very satisfactory salary. But my consideration is as the US dollar is fluctuating rapidly, should I drop a email to HR division to point this out?

Foreign company might be paying for the employees by US dollars. But our salaries have defined(by the company in my country) in local currency. Therefore, even though the US dollar raised up, employee salary doesn't raise up . Many of my expenses are online ones. Therefore I face this impact hugely.

Is this something point out to HR division as a normal employee like me?

manpreet 3 years ago

The fact that the company is foreign-owned is irrelevant: you're being paid in local currency after all. Fluctuating exchange rates are not a valid reason to base salary negotiations on. If you feel you're not being paid enough, argue for a merit-based raise: your accomplishments and the value you added to the company in the past year(s).

If the US dollar crashed, would you appreciate having your wages cut in half as well?