Asked by Faith Hoppe on May 02, 2024
Verified
Given to keep up with the economy
A) Internet job search
B) classified advertisement
C) master application
D) rushing
E) fidgeting
F) follow-up letter
G) cost-of-living raise
H) merit raise
I) continuing education units (CEUs)
J) career laddering
Cost-Of-Living Raise
A salary increase designed to match the rate of inflation, ensuring the purchasing power of an employee's income remains constant.
Economy
Refers to the system of production, distribution, and consumption of goods and services within a particular geographic region.
- Understand the various remuneration strategies in the workplace.
Verified Answer
ZK
Zybrea KnightMay 05, 2024
Final Answer :
G
Explanation :
A cost-of-living raise is an increase in salary that is given to employees to keep up with economic changes, specifically inflation, ensuring that their purchasing power remains stable despite increases in the cost of living.
Learning Objectives
- Understand the various remuneration strategies in the workplace.