{"id":274,"date":"2024-11-13T11:59:20","date_gmt":"2024-11-13T15:59:20","guid":{"rendered":"http:\/\/cgcdocs.local\/?page_id=274"},"modified":"2024-11-13T11:59:20","modified_gmt":"2024-11-13T15:59:20","slug":"cost-of-living-adjustments","status":"publish","type":"page","link":"http:\/\/cgcdocs.local\/cost-of-living-adjustments\/","title":{"rendered":"Cost of Living Adjustments"},"content":{"rendered":"\n<p>COLAs are applied annually to an employee&#8217;s compensation on their work anniversary.&nbsp;<\/p>\n\n\n\n<p>Exact rates are reviewed at the end of each year to determine the COL % for the next year.&nbsp;<\/p>\n\n\n\n<p>The adjustments for 2024 are:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>2.5% for employee&#8217;s paid within their benchmark range<\/li>\n\n\n\n<li>2% for employee&#8217;s if their compensation is less than 10% above benchmark<\/li>\n\n\n\n<li>1.5% for employee&#8217;s if their compensation is more than 10% above benchmark but less than 25%<\/li>\n\n\n\n<li>1% for employee&#8217;s if their compensation is more than than 25% above benchmark<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>COLAs are applied annually to an employee&#8217;s compensation on their work anniversary.&nbsp; Exact rates are reviewed at the end of each year to determine the COL % for the next year.&nbsp; The adjustments for 2024 are:<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"page_categories":[6],"class_list":["post-274","page","type-page","status-publish","hentry","page_categories-compensation"],"_links":{"self":[{"href":"http:\/\/cgcdocs.local\/wp-json\/wp\/v2\/pages\/274","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cgcdocs.local\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"http:\/\/cgcdocs.local\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"http:\/\/cgcdocs.local\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/cgcdocs.local\/wp-json\/wp\/v2\/comments?post=274"}],"version-history":[{"count":1,"href":"http:\/\/cgcdocs.local\/wp-json\/wp\/v2\/pages\/274\/revisions"}],"predecessor-version":[{"id":275,"href":"http:\/\/cgcdocs.local\/wp-json\/wp\/v2\/pages\/274\/revisions\/275"}],"wp:attachment":[{"href":"http:\/\/cgcdocs.local\/wp-json\/wp\/v2\/media?parent=274"}],"wp:term":[{"taxonomy":"page_categories","embeddable":true,"href":"http:\/\/cgcdocs.local\/wp-json\/wp\/v2\/page_categories?post=274"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}