4. While your company is in Philadelphia, you have major offices in Hawaii and you are in charge of compensation management there also. There are openings there. How do you respond to some of your top Philly employees who are applying for a transfer there? You cant afford to lose and replace these employees! What would you do?

1. Ignore it, hope this issue goes away
2. Give Hawaii office employees a 20% cost of living hardship adjustment.
3. Give Philly employees a hardship allowance (cold winters!).
4. Ask for an employee survey
5. Write a memo to employees saying free market and all that- suck it up and be happy for the job you have!
6. Something else?

What sort of data would you collect to arrive at your decision? How would you decide?

5. Refer to the article How an Excel TikToker manifested her way to making six figures a day - The Verge.

This is found online at What principles of compensation that we discussed in this course apply to this one-person company? Do any of the principles apply? Do you think more people will be compensated this way (one person companies) in the future?

and now...