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What is a cost of living adjustment?

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What is a cost of living adjustment?

A.

An increase in pay to offset the rising cost of goods and services

B.

An adjustment made to reflect changes in the market value of a job

C.

An incentive-based pay program tied to individual or team performance

D.

An adjustment made to address pay inequities and compression issues

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WorldatWork GR4 Summary

  • Vendor: WorldatWork
  • Product: GR4
  • Update on: Nov 14, 2025
  • Questions: 251
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TESTED 14 Nov 2025