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This is a basic question but I just want to make sure I'm not missing something. If I receive a single raise of 6% after 3 years, 2% annual inflation, do I essentially break even? In other words, if I ask for a raise, it should be more than the (annual rate of inflation) X (number of years since my last raise) to actually increase my purchasing power?



Submitted March 12, 2019 at 06:46AM by an-awesome-opossum https://ift.tt/2HefO07

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