no, jobs in the USA are required to pay at least federal minimal wage, which is fixed and not index linked. Some states have minimal wage which is above federal.
My question is do jobs in the US or any other countries have to give a mandatory raise to keep up with inflation and how much of a percent is it?
no, jobs in the USA are required to pay at least federal minimal wage, which is fixed and not index linked. Some states have minimal wage which is above federal.
lol^
I wish it was linked to the inflation, it would have saved me a ****-load of rage attacks![]()
Federal minimum wage is $5.15, CA it is $8.
Not only do we have minimum wages forced on us but many unions have their wages pegged to the minimum wage.
So every raise in that wage is also a raise in the union wages.
I think minimum wage in France (SMIC) is indexed to inflation
Often, union contracts will have clauses that provide for an annual COLA (cost of living adjustment), which is tied to the estimated increase in inflation.
Where'd you get $5.15? The Federal Minimum Wage is $7.25. That's why many states have the same - $7.25.
http://www.laborlawcenter.com/t-fede...imum-wage.aspx
Maybe that's what Messican farmworkers get.
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