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
- 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.
- Cost-of-living benefits can include housing subsidies, transportation allowances, and grocery stipends.
- Union negotiations often focus on securing robust cost-of-living benefits for members to address rising expenses.
- Cost-of-living benefits can vary depending on the employee's position, seniority, and geographical location.
- Implementing cost-of-living benefits can enhance employee morale and retention within the company.
- Companies may conduct periodic assessments to evaluate the adequacy of cost-of-living benefits in meeting employees' needs.
- 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.
