Things like mortgage are just assumptions that one already has it locked in. I believe housing is included in CPI. At any rate, the value that I'm being compensated next year is less than the value I received this year.
> At any rate, the value that I'm being compensated next year is less than the value I received this year.
Not to be that guy, but has your company’s revenue increased at least as much as inflation has? If not, how can you expect them to pay you x% more “because inflation”?
The relationship between salary and inflation is not about the increase in your specific expenses, but about the decrease in the value of the dollar.
If one employee has fixed rent and another has had a 20% jump in rent, that's not a factor that should matter when assigning raises, but the generic average inflation value definitely is, as last year's $100k is simply worth more than this year's $102k.
