Tuesday, December 14, 2010

Cost of Living vs. Merit Pay Increases

Salary Raises: Understanding Cost of Living vs. Merit Pay Increases

Should companies give cost of living adjustments (COLAs) or "merit" increases?

The following link covers what HR means by COLAs and merit raises, and discusses further the right way to talk about pay and raises.

http://blogs.payscale.com/ask_dr_salary/2010/04/raises-cost-of-living-vs-merit-pay-increases.html