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That x% inflation increase is already what most employers have right now. I get a ~3% raise every year in November, my manager has the ability to +/- it to dist
by snuxoll 10y ago
That x% inflation increase is already what most employers have right now. I get a ~3% raise every year in November, my manager has the ability to +/- it to distribute the total allocation based on merit to an extent, but everyone gets roughly between 2.5-3.5% which keeps up with inflation - this is fairly standard practice from what I've seen.
- wuliwong 10y agoI can't speak for other large corporations but Oracle does not follow this practice. My experience with small businesses (which employ more Americans than large corporations) is that they too have not followed a practice of guaranteeing a minimum wage increase every year to keep pace with inflation.