Cost of Living Adjustment
I need to make a Cost of Living Adjustment to one of our employee's pay ladders. Does anyone have any information on how I can figure out the COLA percentage? I'm stumped as to how much to raise this employee's pay scale. It is a highly unique position so I haven't been able to find a comparison on Salary.com or any other payroll site.
Does anyone know what the COLA % is for 2008?