[Jeff]

I love this idea of a one-time cost of living bonus. The nice thing is it then gives you time to see if inflation subsides. Taking away a pay increase is nearly impossible, not giving the bonus next year is easy and budget friendly. Or you buy yourself time to raise the money, or reallocate money, to ensure you can give significant raises. The challenge is most people give our raises annually, but inflation hits immediately. Which is why I LOVE the bonus idea.