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?
To paraphrase FDR: “If any business requires it’s employees to subsist on less than a thriving wage, they deserve to not exist in the US.”
I would have put the period after the word exist, but that’s just me.