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There is no requirement to provide a cost of living raise. Most companies provide them to keep good employees, so they don't look for higher wages elsewhere.
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∙ 7y ago
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Is it mandatory for just minimum wage or in general even with small business'?
if i work for a small business for over a year and haven't received a cost of living raise, is it mandatory that this small business give at least the basic cost of living increase?
Will veterans get cost of living raise next year?
will veterans get cost of living raise next year?
What is the difference between a cost of living raise and a regular pay raise?
A cost of living raise is based on the cost of living. A regular pay raise is not.Another Answer:Regular pay is how much you get paid regularly. If you get a "regular" raise, that means that you have been doing well in the firm and you earned the money. If Cost Of Living raises that means what it says, the cost of living has raised. This way, it does not mean that you deserve a raise, just that you need one because of expenses.
Does everybody get a cost of living raise?
No.
Can one employee be excluded from cost of living raise?
yes
Is a cost of living raise mandatory in New Jersey?
It depends. Northern and southern Virginia are VERY different. Northern Virginia (like Arlington) is very rich and near D.C. (city of political idiots) so it probably is mandatory. On the other hand southern Virginia (like South Boston) is all country side. So it probably isn't mandatory.
Will there be a cost of living raise for 2011?
It depends on the economy of the country concerned.
Is there a raise for disabled veterans in 2010?
No, since increases in benefits are tied to the cost-of-living. Since there was no cost-of-living adjustment declared for 2010, there is no increase.
What will the social security raise be for 2012?
No. Congress recently announced there will be no cost of living adjustment (COLA) for Social Security benefits in 2011. Earn-income limits will remain at 2010 levels.
Can you still get a student loan if your tuition and mandatory fees are already paid?
Yes. You may be able to borrow up to the "cost of attendance", which can include living and transportation expenses.
Why are restaurants and fast food so much more expensive in NYC?
Generally due to the cost of living in New York City, fast food places have much higher rent and daily cost, so they have to raise prices of menu items to make up for the cost of living.
What is the cost of living raise for disabled veterans?
See link. I believe page 9 has some of what your looking for. http://www.ssa.gov/budget/2008bud.pdf
