posted by j_crazyI was thinking this earlier today, has anyone here ever gotten a COL raise that was ever in line with true inflation.
Like I can remember 3 COL adjustments in my 15 year career:
In 2008 I got 1.5% when CPI was 3.8%
In 2011 I got 2% when CPI was 3.1%
In 2018 I got 1% when CPI was 2.4% - it's worth noting that i took a 7% pay cut in 2016 when oil prices crashed and this was my first raise since that time
I ask because my company (I found out this morning) gives out raises on the first paycheck in April, so everyone here is expecting 6-7% raises and I'm far more pessimistic. Disclosure here is that all of my previous experience comes from a company I left for my current job in 2018, so I may be way off. But I thought the people here might have different experiences since no one else is in my industry here that I know of.
You'll get less than 6-7% because this inflation is transitory.
