its actually more profitable for the business to offer you a 5% raise every year... | Hacker News

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		mc_hammer on Dec 21, 2014 \| parent \| context \| favorite \| on: Why switching jobs is almost always a good idea its actually more profitable for the business to offer you a 5% raise every year (i heard thats average given anyway) when inflation is 7% anually, so definitely ask for a raise every 6 months, the worst that can happen is they say no.

delecti on Dec 21, 2014 [–]

Inflation is more like 2%, and I don't think raises average that high.

walshemj on Dec 21, 2014 | [–]

depends which inflation measure governments game the system so your RPI or CPI may actually not be a true reflection of inflation as it effects you

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