cost-of-living benefit (Meaning)

Wordnet

cost-of-living benefit (n)

a benefit that goes to anyone whose money receipts increase automatically as prices rise

Synonyms & Antonyms of cost-of-living benefit

No Synonyms and anytonyms found

cost-of-living benefit Sentence Examples

  1. The company offers a cost-of-living benefit to employees working in regions with high living expenses.
  2. Negotiating a cost-of-living benefit is crucial for workers relocating to cities with soaring housing prices.
  3. Cost-of-living benefits aim to ensure that employees can maintain their standard of living despite economic fluctuations.
  4. Some organizations adjust salaries annually based on the cost-of-living benefit to keep pace with inflation.
  5. Cost-of-living benefits can include housing subsidies, transportation allowances, and grocery stipends.
  6. Union negotiations often focus on securing robust cost-of-living benefits for members to address rising expenses.
  7. Cost-of-living benefits can vary depending on the employee's position, seniority, and geographical location.
  8. Implementing cost-of-living benefits can enhance employee morale and retention within the company.
  9. Companies may conduct periodic assessments to evaluate the adequacy of cost-of-living benefits in meeting employees' needs.
  10. Employees value cost-of-living benefits as they provide financial stability and alleviate the strain of living in expensive areas.

FAQs About the word cost-of-living benefit

a benefit that goes to anyone whose money receipts increase automatically as prices rise

No synonyms found.

No antonyms found.

The company offers a cost-of-living benefit to employees working in regions with high living expenses.

Negotiating a cost-of-living benefit is crucial for workers relocating to cities with soaring housing prices.

Cost-of-living benefits aim to ensure that employees can maintain their standard of living despite economic fluctuations.

Some organizations adjust salaries annually based on the cost-of-living benefit to keep pace with inflation.