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by wetjen
1779 days ago
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Nothing new here. Worker compensation in Corporate America has a cost of living adjustment (COLA) multiplier. It’s calculated as part of the salary base and takes into consideration the location of the worker, among other things, in adjusting up or down offered compensation. Google is simply making this transparent to workers. Just because someone was hired in a high COLA multiple location doesn’t mean they’ll keep that multiple when they voluntarily relocate to a low COLA area. This is standard HR practice across all of Fortune 500. |
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