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Cost-Of-Living Allowance শব্দের বাংলা অর্থ: জীবনের জন্য খরচ

Cost-Of-Living Allowance Meaning In Bengali জীবনের জন্য খরচ

Cost-Of-Living Allowance

জীবনের জন্য খরচ,

Definition

1) Cost-of-living allowance (COLA) is a monetary supplement provided to employees in addition to their base salary to help offset variations in living costs, such as inflation or changes in the cost of goods and services.
2) A cost-of-living allowance is typically determined by comparing the cost of essential goods and services in a particular location to a base location, and then adjusting the employee's compensation accordingly.
3) Cost-of-living allowances are often used by companies and organizations to ensure that employees in higher cost areas are able to maintain a comparable standard of living to those in lower cost areas.

Examples

Cost-Of-Living Allowance Example in a sentence

1) The company provides a cost-of-living allowance to employees working in high-cost cities.

2) Expatriates often receive a generous cost-of-living allowance to offset the higher expenses in their new country.

3) He negotiated for a higher cost-of-living allowance as part of his relocation package.

4) The union is pushing for an increase in the cost-of-living allowance for its members.

5) The cost-of-living allowance is adjusted annually to keep up with inflation.

6) Her cost-of-living allowance covers housing, transportation, and food expenses.

7) Some companies provide a cost-of-living allowance based on the employee's family size.

8) The cost-of-living allowance is deducted from the overall salary to account for local expenses.

9) The government announced a decrease in the cost-of-living allowance due to economic challenges.

10) Negotiating a fair cost-of-living allowance is an important part of relocating for a new job.

Part of Speech

Cost-Of-Living Allowance (Noun)

Synonyms

Living , Cost-Of-Living Allowance - (NOUN) জীবনের জন্য খরচ

Encyclopedia

Cost-of-living allowance (COLA) is a monetary supplement provided to employees in addition to their base salary to help offset variations in living costs, such as inflation or changes in the cost of goods and services.
A cost-of-living allowance is typically determined by comparing the cost of essential goods and services in a particular location to a base location, and then adjusting the employee's compensation accordingly.
Cost-of-living allowances are often used by companies and organizations to ensure that employees in higher cost areas are able to maintain a comparable standard of living to those in lower cost areas.