A 3% raise isn’t always a raise.
Compare your raise against inflation and your real cost increases — in purchasing power, not percentages.
A 3% raise isn’t always a raise.
Compare your raise against inflation and your real cost increases.
REAL CHANGE IN PURCHASING POWER
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The math
The quiet pay cut
If inflation beats your raise, your paycheck buys less than last year — that’s a pay cut with better PR.