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I had a COLA around 2020. First and last time for me. High hopes one happens soon because salaries are not keeping up, but I will believe it when I see it. Of course, “planning” can take a while.
That’s awesome! What was your COLA then if you don’t mind sharing?
Rising Star
Yes I had one also in 2020. My employer increased our salary by $5k
That’s nice! I’d appreciate anything
That’s essentially what our raises look like every year. We don’t get more than 3%, and they say it’s performance-based, but we all pretty much get the same raise. It’s really more of a cost-of-living increase—they just don’t call it tha
Yeah that’s what we’ve gotten too, but even 1-3% increases don’t account for inflation. Now companies are hiring new people with much higher salaries—it’s very unfair, but I know it’s part of corporate life.