Oregon Sample Letter Regarding Cost of Living Adjustment
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How to fill out Sample Letter Regarding Cost Of Living Adjustment?
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List measurable benefits you have brought to the company; include specific numbers and data. Look into any additional education or certifications you could complete to help increase your value as an employee. Write out how your responsibilities, hours, and role may have increased and expanded during your employment.
In this case, you can use the current inflation rate as a base for your request, then ask for a little additional money tied to your job performance. Even if you don't get the raise you want, experts suggest asking for other perks such as bonuses or flexible work arrangements that can help you save money.
How to write a salary increase letter Start planning. Before drafting a letter, plan what you want to say. ... Include the date and address. ... Use the recipient's name. ... Write the introduction. ... Discuss your achievements. ... Discuss your preferred range. ... Write a conclusion. ... Review your letter and sign your name.
6.55% COLA increase in December 2023: One of the standout victories of this contract is the substantial 6.55% COLA scheduled for December 2023. This increase ensures that state workers will see a tangible boost to their income, helping them keep pace with the rising cost of living.
West Region Consumer Price Index Rates (CPI) by Year YearCPI20238.01%20224.52%20211.74%20202.69%6 more rows
After doing some market research and assessing the way that inflation has affected my cost of living, I believe that an increase in my salary is appropriate. I really enjoy this role and this team and see myself being here for many years, so I would like to find a number that makes us both happy.
