Originally Posted by
Day4mx
Fact is we already get our 1.5% raise that compounds annually.
All true, but what is the inflation rate? Answer - 2.8% over the last 12 months
https://www.bls.gov/cpi/home.htm
Meaning that a 1.5% annual raise actually means the value of your salary will actually DECREASE by 1.3% per year, which - yeah - compounds annually.