Exchange Rate Fluctuation and Economic Volatility
Cost of Living Allowances (COLA) are affected by complex economic factors like exchange rate fluctuation and economic volatility, which are highly unpredictable. For a COLA to be effective, the allowance must be reviewed and updated periodically to take these factors into account.
AIRINC’s COLA data is now easier than ever to access through the International Assignment Calculator, where you can quickly and easily run COLA updates and “what-if” scenarios for calculating or budgeting for international assignments. This turn-key solution gives you access to housing, tax, and hardship allowances.
Your Allowances, Your Way!
Access the recording now to learn more!