cost-of-living allowance Antonyms

No Synonyms and anytonyms found

Meaning of cost-of-living allowance

Wordnet

cost-of-living allowance (n)

an allowance for changes in the consumer price index

cost-of-living allowance Sentence Examples

  1. Many companies offer a cost-of-living allowance to employees relocating to areas with higher living expenses.
  2. Negotiating a cost-of-living allowance can help offset the financial burden of moving to a new city.
  3. Expatriates often receive a cost-of-living allowance to maintain their standard of living in foreign countries.
  4. Public sector workers may receive a cost-of-living allowance to keep pace with inflation and rising expenses.
  5. The cost-of-living allowance is calculated based on factors such as housing costs, transportation, and groceries.
  6. Some unions negotiate cost-of-living allowances as part of collective bargaining agreements to ensure fair compensation for their members.
  7. The cost-of-living allowance varies depending on the location and the employer's policies.
  8. Cost-of-living allowances are tax-free in some jurisdictions, providing additional financial benefits to recipients.
  9. Employees often appreciate cost-of-living allowances as they help mitigate the impact of inflation on their purchasing power.
  10. Cost-of-living allowances are designed to promote employee satisfaction and retention by addressing the financial challenges associated with living in high-cost areas.

FAQs About the word cost-of-living allowance

an allowance for changes in the consumer price index

No synonyms found.

No antonyms found.

Many companies offer a cost-of-living allowance to employees relocating to areas with higher living expenses.

Negotiating a cost-of-living allowance can help offset the financial burden of moving to a new city.

Expatriates often receive a cost-of-living allowance to maintain their standard of living in foreign countries.

Public sector workers may receive a cost-of-living allowance to keep pace with inflation and rising expenses.