Quote:
Originally Posted by Humdizzle
whats everyones thoughts on salaries and inflation ?
should salary increase in accordance every year ? i'm thinking of asking for a raise
|
Remembering the 1970s and early 80s, salaries did rise but they lagged inflation. For example, if there was 6% inflation in a year, your salary might rise by that amount next year. Some companies eventually did two or four raises per year, most didn’t if I recall correctly.
Same for social security these days. It is indexed to inflation but the SS increase comes in the next calendar year.