Most jobs will give you a performance review and a raise every year to account for inflation and any increased duties you’ve taken on. We increase minimum wage by massive amounts after far too many years which causes all sorts of economic concerns, business complaints, and just a bunch of arguments everywhere. Shouldn’t they just increase minimum wage 3.5% or whatever, every single year?
The quick answer is cola should be built into the system. Neither party has taken minimum wage laws seriously. States have taken it more seriously than the feds. All jobs should be required to give a cola increase every year.
I’d be okay with that, but only if it is diet.