These raises that make the news are the cost of living adjustments or the COLA. They happen annually at the beginning of the calendar year and are intended to adjust salaries for year over year inflation. It’s not related to any sort of performance or merit based pay increases.
Ok but I’m talking about annual pay increases that are part of the collective agreement and negotiated with the union, not performance or merit pay increases…
These raises that make the news are the cost of living adjustments or the COLA. They happen annually at the beginning of the calendar year and are intended to adjust salaries for year over year inflation. It’s not related to any sort of performance or merit based pay increases.
Ok but I’m talking about annual pay increases that are part of the collective agreement and negotiated with the union, not performance or merit pay increases…