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Adjustment of Living Index Parity in Annual Wage Review is a Must for Companies to Build Employees Trust and Promote Fairness

Employees’ expectations for a salary raise in line with any spike in the cost of living index is fair and must not be ignored. And when it’s not done, this is cited as a usual employee grievance. This demand must not be lost in translation, citing market conditions, or comparative salary index to tone down this request. A cost-of-living raise is an increase in pay to ensure the employee’s salary is the same during a period of inflation if any....Read more

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