Not increasing pay with inflation is a pay cut because your pay is literally worth less without it.
In a sane world, if the fed is dictating the money supply, with their actions directly impacting inflation, every workers pay should be indexed to inflation. Same goes for taxation, welfare payments, etc. Companies raise their prices regardless.
then_three_more@lemmy.world 6 months ago
it’s constructive dismissal.
snooggums@midwest.social 6 months ago
Only if it targets specific employees with the goal of getting them to quit. If the business doesn’t give raises in general they are just being cheap.
Chocrates@lemmy.world 6 months ago
I feel like meeting that to a legal level is a stretch. Minor cost of living raises that don’t need inflation don’t rise to that level in my uneducated understanding
then_three_more@lemmy.world 6 months ago
Yeah it wasn’t entirely serious.