I've been made aware that I will receive a 6.5% raise for 2023. While that may sound decent on the surface, I need to factor in the inflation rate/cost of living increase is also about 6.5%!! Therefore, this doesn't seem to be reflective of my performance but rather a blanket increase based on today's economy.
After expecting a true salary adjustment based on my strong 2022 performance, I am rather discouraged by this news and am starting to feel undervalued by the company.
Can anyone share what they have received? Am I crazy to think this way?