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| Subject:
business
Category: Miscellaneous Asked by: barnone-ga List Price: $5.00 |
Posted:
15 May 2005 09:09 PDT
Expires: 14 Jun 2005 09:09 PDT Question ID: 521889 |
Do most private businesses in the United States provide accross the board cost of living allowances to employees every year? |
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| Subject:
Re: business
Answered By: wonko-ga on 08 Jun 2005 13:30 PDT |
Generally, no. Cost of living allowances are often built into union wage agreements (://www.google.com/search?ie=UTF-8&oe=UTF-8&sourceid=deskbar&q=%22cola+increase%22+union+agreement), but only 12.5% of Americans were even union members in 2004: "UNION MEMBERS IN 2004" Bureau of Labor Statistics (January 27, 2005) http://www.bls.gov/news.release/union2.nr0.htm. COLA increases are more commonly incorporated into retirement plans, including Social Security: "Social Security confusion" by Kathleen Pender, SFGate.com (May 3, 2005). Sincerely, Wonko |
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| Subject:
Re: business
From: czh-ga on 15 May 2005 18:00 PDT |
I doubt it. |
| Subject:
Re: business
From: pinkfreud-ga on 08 Jun 2005 13:37 PDT |
A person who works for minimum wage may spend a lifetime without a cost-of-living raise. Many workers receive a wage increase only when the law mandates it. |
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