Quote:
Originally Posted by drcar
Plus every part time employee for the villages that were making minimum wage got a 17% raise last October and will get a 10% raise this October. That is a BIG increase in cost.
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There is a huge labor supply/demand imbalance - in favor of the worker. Inflation is also at 6/8/10% - pick a number.
The raise is probably part labor imbalance and part inflation adjustment.
My company has to give employees a 6% bonus on top of their raises, just to keep pace with inflation.