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Reply to "Raise question - do you cap salary after a certain point?"
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[quote=Anonymous]We live in a lower COL area, and I feel like $20/hr will be our cap. She is actually at $19/hr now, and I made her an offer this year that in lieu of a raise, we would add dental coverage (we already paid medical), add a holiday (she gets President's Day now), and increase her PTO by 50%, from 12 days to 18. I can cover her days off at this point, so more PTO costs me less than the rate increase. We will max out next year, and there aren't too many more perks I can offer either. But, we're military and moving, so we'll start over anyway. Some people will stay, at least for some time, because they like to have a steady job. Others will decide that they need to move on. I imagine that COL alone means you'd have to give some sort of raise every few years even so, but, no, you don't go on indefinitely.[/quote]
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