Matching inflation?

One of the first times I’m posting here, I learnt recently that in order to help employees with inflation, our company is going to take a “two-year approach” to match inflation, in that they won’t match it this year but they’ll do a bit this year and a bit next year and it should catch up… is there any logic behind this outside of sheer hope that inflation slows down and the company gets to pay less in the short term? Meanwhile workers continue to struggle