Cost of Living Discussion
sc_onetime94
Question
Compensation
Resources
- http://www.bankrate.com/calculators/savings/moving-cost-of-living-calculator.aspx
Based on the data you found using the Cost of Living Comparison Calculator, answer the following questions:
- Of the two cities you chose, which city is more expensive? What is the difference in costs?
- 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?
- 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?
Details
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