I work for a large engineering company, and they have recently made a proclamation with much fanfare about their historic 5-7% salary increase for everybody in my country.
Our inflation is 11%. They're giving us a salary decrease.
And yet, I know of countries that have it way worse. Like Turkey, where nobody knows what the real inflation is, but it's obvious that our Turkish salary increase of ~20% is an outright insult.
What to do about this nonsense? Are we forced to go job-hopping just to stay our current salary?