Concept called pay based on cost of living

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That section discusses a newer concept called "pay based on cost of living". The concept is to set one's pay by utilizing the cost of living for the company's headquarters and then adjusting to where the employee is living. It is a bit different from a straight cost of living approach. Is this concept feasible? Do you see this as a trend that will be implemented by companies? What are your thoughts?

Reference no: EM133662340

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