Webinar Recording

[fa icon="calendar'] Nov 02, 2018 @ 06:29 AM / by Michelle Curran

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.



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