[brianshaler]

> "With a market this hot"

Maybe the title should get a [2021] because it sounds like the market has cooled substantially in the last year or so.

The article doesn't seem to take into consideration market cycles, assuming market rate always goes up at a rate that outpaces cost-of-living comp adjustments. While this may be the case more often than not, how are companies supposed to absorb market downturns? A salary reduction, if legal (?), seems almost as bad as redundancy except you risk being saddled with disgruntled workers who might decide to jump ship at the next moment that is convenient for them.