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Is It Legal For A Company To Not Give Raises?

January 24, 2024 by Ahmed Ali

Is It Legal For A Company To Not Give Raises? Is it against the law to not give employees a raise? It is not against the law to not give employees a raise. Raises are dependent on agreements between employers and employees and are not statutorily required or enforced. When an employee deserves it, it

How Does Cost Of Living Adjustment Work?

January 24, 2024 by Emily Lee

How Does Cost Of Living Adjustment Work? A cost-of-living adjustment (COLA) is an increase in benefits or salaries to counteract inflation. Inflation for the Social Security COLA is calculated annually using the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). How are cost-of-living adjustments calculated? How is a COLA calculated? The Social