(1)(B) shall each be increased by an amount equal to— (i) such dollar amount, multiplied by (ii) the cost-of-living adjustment determined under section 1(f)(3) for such calendar year, determined by substituting calendar year 2023 for calendar year 2016 in subparagraph (A)(ii) thereof. (B) Rounding The amount of any increase under clause (i) shall be rounded to the nearest multiple of $100,000. (c) Pay disparity factor For purposes of this section— (1) In general The term pay disparity factor means, with respect to any applicable employer for calendar year, the excess (if any) of— (A) the pay disparity ratio of such employer for such calendar year, over (B) 50. (2) Pay disparity ratio The term pay disparity ratio means, with respect to any applicable employer for calendar year, the ratio of— (A) the average qualified wages for the 5-calendar year period ending with such calendar year of the individual who is the highest compensated employee of the applicable employer for such calendar year, to (B) the median wages paid to all applicable employees of the applicable employer for such calendar year. (3) Wages