I would imagine that COL raises are more for those on the lower end of the pay scale, who are an operational expense, that are likely already being paid at the low end of market value. The COL raise is used in an effort to keep tenured employees on board, rather than having them shopping for a new job, and having to train and pay a replacement about the same.
Anyone with an understanding of what they are worth will already be getting regular merit-based raises, or are in a commission-based role, and are paid directly based on performance/revenue.
The other side of that coin is when relocating to a different part of the country. When I moved to San Diego got a bump in base pay, due to the much higher COL of SoCal.
Anyone with an understanding of what they are worth will already be getting regular merit-based raises, or are in a commission-based role, and are paid directly based on performance/revenue.
The other side of that coin is when relocating to a different part of the country. When I moved to San Diego got a bump in base pay, due to the much higher COL of SoCal.
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