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Refusing yearly increase?

My company doesn't have an approved budget for this year so we haven't had our yearly reviews yet. With inflation being the way it is, i was thinking of refusing a “raise” of anything less than 7.5%. Is this a thing I can do?


My company doesn't have an approved budget for this year so we haven't had our yearly reviews yet.
With inflation being the way it is, i was thinking of refusing a “raise” of anything less than 7.5%.

Is this a thing I can do?

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