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Being Wise with COLA (No, we’re not talking about the drink!)

Cost of Living Adjustments (COLA) traditionally boost the pay grid or portions of the pay grid by the amount of inflation, usually as the Federal government’s Consumer Price Index measures it. COLA is not attached to performance, but is given in order to keep an organization’s pay competitive with other like companies for recruiting purposes…

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Executive Advantage provides business planning, human resources assistance and specialized training for small to medium sized businesses. We take a practical approach to human resources in recommending solutions to clients.

Recent Posts

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  • Employee or Independent Contractor
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