If you don’t get a 5% raise this year, you aren’t necessarily taking a pay cut due to inflation. Here’s why

The consumer price index, a measure of inflation, is up 5.4% from a year ago. However, getting a less than 5% raise doesn’t mean you’re taking a pay cut.

https://www.cnbc.com/2021/11/01/heres-how-inflation-may-impact-raises-this-year.html

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