4 ms·
A salary is made up of a bunch of things, and one of those things is an allowance for living and working in an expensive location, which is not tied to performa
by vr46 6y ago
A salary is made up of a bunch of things, and one of those things is an allowance for living and working in an expensive location, which is not tied to performance or role. If the allowance is for a specific circumstance, it's reasonable that it changes if the circumstance changes. It might be called a Cost-of-living adjustment which is discretionary income.
- everlost 6y agoBy that logic, the adjustment should not be a percentage of gross pay, but a fixed dollar amount based on difference in average cost of living.