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> you guarantee employee turnover Why? is your theory - are companies adding COLA to new offers and no COLA to existing employees? Pay bands and offers have b

by shmatt 5y ago

> you guarantee employee turnover Why? is your theory - are companies adding COLA to new offers and no COLA to existing employees? Pay bands and offers have been about the same from the numbers i've seen in the past year or so. If a tech company is paying double your salary they also did before inflation rose. And you could have jumped ship back then as well. And they probably also are not doing any COLA adjustments once you join COLA only makes sense for minimum wage, if you're making more than minimum you're just constantly trying to maximize your worth in the open market. That has nothing to do with COLA

willcipriano 5y ago
> Why? is your theory - are companies adding COLA to new offers and no COLA to existing employees? Yes. Internal raises are commonly 2% - 4%, but you can get 20%+ consistently by jumping ship every other year, and that was before inflation went to the moon.