They’ve been doing this for decades. It’s nothing new. Listen to publicly traded companies quarterly shareholder meetings, or even just USA’s Federal Reserve. I worked at a place that had different wages for different cities. They called the differential a COLA. Not “Cost Of Living Adjustment”. They called it “Cost Of Labor Acquisition”.
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Aswell as ensurance and so on. But yes, most it are wages.
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Was logical once they got a pass for “human resources”.
They’ve been doing this for decades. It’s nothing new. Listen to publicly traded companies quarterly shareholder meetings, or even just USA’s Federal Reserve. I worked at a place that had different wages for different cities. They called the differential a COLA. Not “Cost Of Living Adjustment”. They called it “Cost Of Labor Acquisition”.