A Cost of Living Allowance (COLA) is crucial to protecting international assignees from increased goods and services costs while on an international assignment.
This webcast discusses:
- What is COLA and what is it meant to do?
- Prevailing practices for updating COLA when it changes
- Impact of volatility on COLA (freezing it is the wrong approach!)
- Currency devaluations
- Frequently asked questions by expatriates and typical mobility manager responses