[Inityx]

Do they even do cost-of-living raises anymore? When I was at FAANG, my raises in the same role didn't even match inflation.

[ergocoder]

My raises never matched inflation but then my compensation is like 700k a year. I don't know whether my raise needs to match the cost of living increase.

[zem]

good point, it was often less than inflation, so a very nominal sort of raise

[yyyyuuuuiiiii]

When I last worked at a FAANG I was very clear on exactly what they had to pay me to put up with their bullshit (I happen to be independently wealthy). This kind of “nominal raise” below inflation actually meant my salary went down, so I quit.