I have just recieve my 1-year reveiw at my job and have been told that I will not be getting my promised raise. I would like to know if there are any laws pertaining to "cost of living raises" if I do not qualify for a performance raise It should be required to give a cost of living raise, especially when the price of gas is steadily going up--soon I will not be able to afford to put gas in my car to get to my job
2006-07-21 06:09:19 · 6 answers · asked by lynn 1 in Politics & Government ➔ Law & Ethics
There are no laws in the US that force raises
2006-07-21 06:12:44 · answer #1 · answered by dwh12345 5 · 0⤊ 0⤋
No company is under any requirement to give a raise for any reason.
2006-07-21 06:17:45 · answer #2 · answered by kathy059 6 · 0⤊ 0⤋
Do you have a signed contract stating that you are guaranteed raises - performance or cost of living?
If not, you're probably out of luck.
2006-07-21 06:17:34 · answer #3 · answered by c 1 · 0⤊ 0⤋
There is no law that states a company has to give you a raise. If it is in your contract, then you are legally entitled to it. Otherwise, you're out of luck.
2006-07-21 07:00:56 · answer #4 · answered by Goose&Tonic 6 · 0⤊ 0⤋
No, there isn't, and no there shouldn't be. Your job is actually a mutual agreement with your employer. If one of you doesn't like the terms, the agreement can cease to exist.
In other words, your company owes you the agreed to numbers. If you don't agree with them, work elsewhere.
2006-07-21 06:23:08 · answer #5 · answered by desotobrave 6 · 0⤊ 0⤋
a private company / business can give or not give a raise anytime they feel like it, they must ONLY pay at least minimum wage scale
2006-07-21 06:14:31 · answer #6 · answered by Pobept 6 · 0⤊ 0⤋