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Yeah whole new topic really. Even CPI doesn't really keep up with costs. Watching as interest rates, water, electricity, petrol etc all go gangbusters. How do you quantify it all?
If costs go up by CPI it doesn't necessarily mean you need CPI on you wage to keep pace. I.E if your yearly costs are $50000 then 5% (for ease) equals $2500. If your take home pay is $100000 (after tax) then 5% equals $5000. So in a cash sense your better off as long as take home pay exceeds costs included in the CPI.
Yep very simplistic. However, the point I made is that most ATCs would be happy with an increase without any change in conditions. As to the amount, well we each have our sell out point I guess.