[duxup]

It's not a pay cut if you get a raise for .. some other reason.

I've just never seen 'inflation pay raise' as a policy.

[MattGaiser]

You see it more in more traditional industries. My last job was public sector and the unionized workers had CPI somehow embedded into their contracts.

My new trendy tech company? No policies on pay whatsoever.

[grasshopperpurp]

Yeah, we call it COLA (cost of living adjustment), and we get a bump every couple of years or so.

[ska]

> I've just never seen 'inflation pay raise' as a policy.

They are pretty common.

[duxup]

Do they actually pick an inflation indicator and go by that?

[ska]

I think it really depends.

I've seen big sector contracts (e.g. 10k-100k employees) with it built in for a fixed number of years. Presumably the negotiators talked through some indicators originally.

I've also seen several 'eh, on average it's about 2%" type giving leading to a 2% written into your comp.

I've also seen places give it but not in your contract; based on execs opinion I guess on what real cost-of-living was doing. I suppose that's plausibly as accurate as picking an index.

[Qworg]

I've seen inflation adjustments, but cost of living adjustments are far more common.

[ska]

The two concepts are so intertwined they are often rolled together.

FWIW I've seen contracts with separate clauses (e.g. something like everyone gets 2%, if you live in this city or this city you also get a 5% col adjustment). The non-inflation aspect of c-o-l changes is usual housing related and regional, I think (or based on remoteness)

[jjk166]

They are usually called something like "cost of living raise" but the meaning is the same.