This thread is definition of serfs jealous of other serf’s 7% over while the masters clear 23% for watching over serfs.
Are companies legally obligated to give cost of living? Nope. 7% given the number of layoffs in the tech sector seems amazing in my view.
I'm not defending the parent, since I don't think 7% is bad, but the conflation of legality and morality (or insert a less dramatic word for "things people are allowed to judge you on") is one of the most tired fallacies in all of discourse.