Why is it important to revise cost of living allowances regularly?
Amongst the various elements of expatriation packages, a regular revision of the Cost of Living Allowance can be most critical to expatriates, as this has a direct impact on their purchasing power when transferred abroad. Read article Videocasts: 2008 compensation trends We invite you to tune in to our seven-minute videos, where our consultants provide an overview of the compensation landscape – globally and regionally. This compelling blend of insights and data is designed to help you make effective compensation decisions for 2008 and beyond so that you can attract, retain and reward the talent your organization needs to succeed. Watch global video Watch Asia Pacific video Watch Americas video Watch Europe video Applying negative cost of living indices – bad practice or logical solution? The cost of living allowance (COLA) also referred to as “goods and services allowance” is calculated on basis of an index that measures differences in costs between home and host locations. The applic
