Originally Posted by
Mooner
We received a pay raise for 2019. So, actual compounded inflation is mid 14%.
Full year 2022 is looking to be around 8%. Trailing 3 year average annual compounded rate is 4.6%.
January 1, 2019.
So...
January 1, 2020 retro raise = ?
January 1, 2021 = ?
January 1, 2022 = ?
4/4/13 was the FA raises, cumulative = 22.2%
8/5/5 was suggested as reasonable by the infamous low bidder, cumulative = 19.1%
I'd guess 5/5/10 would pass for retro, maybe
cumulative = 21.3% (or 4/4/12 = 21.1%)
That puts 2023 right about 27.3% minimum!