Seriously doubt that too. You need to understand the difference between a capital budget & an operating budget. Wages and wage increase are elements of the operating budget. Things like significantly lower sales, lower profits margins on the sales that are realized , higher costs of liability insurance and health insurance for employees, etc. These and other similar items, all affect the operating budget what a company can or cannot do on merit increases. Just ask any one who has lost their job since 2007 thru today, if they would rather be employed with no possibility of an increase in the foreseeable future or collect $320 /week UE for up to 99 weeks. If you ain't happy with what you got search the job market & see what you are worth today.