What about salary indexing — is there a review?

Salary indexing is the process of regularly reviewing and increasing wages to account for inflation, skill growth, or changes in the labor market. In companies, salary reviews may occur annually or based on employee performance evaluations. Usually, this is a fixed percentage or amount that helps maintain purchasing power and motivation. The exact conditions of the review depend on the policies of a specific organization and may be outlined in the employment contract or collective agreement.