Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Cost of Living Allowance

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.

To find keyword content within a course, select the course link below:

Course
Page Number
92 - Expatriate Compensation
8
93 - Global Mobility and the Relocation of an Employee to an International Assignment
13
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Cost of Living

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Cost of Living Allowance (COLA)

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