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Are people forgetting that the salaries were high in high cost of living areas to account for this cost. In the new normal, should employees expect pay cuts, or should employees that opt in to in office expect higher pay or stipends?
Also, curious about tax advantaged commuter benefits. Sure sticker cost is a months groceries, but if you are commuting and able to pay that pre tax for Metro or rail passes, it's only 66 percent of the sticker cost.
Also I think the pet and childcare costs are interesting. For child care, is that assuming like 1 or 2 extra hours of childcare per day?
I expect to be paid based on the value of my work, not based on how much my boss personally thinks I need. If I ever got a pay cut that was justified by my own low cost-of-living, I would quit on the spot. Don't punish me for being frugal. I'm saving for as early of a retirement as I can afford.
Cost of living adjustments are real. The value of your work is based in part of market rate. And part of that market rate is based on location due to various costs of livings, taxes, laws etc. I think the thing is the pre pandemic salaries should have accounted for those factors, but when those factors change due to people moving etc. it is reasonable to expect the question to be asked about adjustment. You're not being punished for being frugal.