compensation 7

Based on the data you found using the Cost of Living Comparison Calculator, answer the following questions:

  1. Of the two cities you chose, which city is more expensive? What is the difference in costs?
  2. Would you expect an employee to need a raise to move to the more expensive city? In contrast, would you expect an employee to accept a pay cut to move to the less expensive city?
  3. If you worked in the human resources department of a company that asked employees to relocate for job transfers, would you use these calculators? Why or why not?

Cost of living Calculator:

https://www.bankrate.com/calculators/savings/movin…

 
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