Cost of Living Allowance

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202260

Term: Cost of Living Allowance

Definition:In relocations, an allowance that is separate from base pay that is given to employees who relocate to a more expensive city to help them financially make the adjustment to living there. These allowances are usually phased out as the employee makes the adjustment.

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CoursePage Number
92 - Expatriate Compensation 8
93 - Global Mobility and the Relocation of an Employee to an International Assignment 13
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The ERI Distance Learning Center is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: https://www.nasbaregistry.org/

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