As for the financial aspect, 53% of the more than 450 California-based companies are allowing employees to keep their salary if they relocated- even if it's a location with a lower cost of living- a trend shifting to adapt to changing employee needs and well-being.
There are more people leaving California than those moving in. Many are wondering if the California Dream is still alive.More than half or 53% of companies are allowing employees to keep their salary if they move, even if it's a location with a lower cost of living.Another 21% are undecided.
"The employees that remain may not be seeing the same increases," said Holm."We may start to see some challenges with pay equity as the turnover and the increases to new employees happen."
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