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Shrinking Purchasing Power of Staff Town's Raises vs Inflation Factor Town’s Part-Timer’s Hourly Wage (OSC Website) (11/36 General Fund Employees Have this Pay Rate) $20.16 7.2% Increases since 2020: -$0.24 OSC Inflation Rate: 17.4% $19.55 Town Raises: 15% 6.3% $19.92 -$0.58 $18.24 $18.97 5.0% 4.0% $0.30 $17.54 $17.94 4.0% $17.20 $0.07 3.0% $0.15 $17.47 2.0% $17.05 2.3% 2.1% 1.6% 2020 2021 2022 2023 2024 2020 2021 2022 2023 2024 Town's PT Rate Inflation Factors Town's PT Rate PT Rate if Town Followed Inflation 56