Learn about the concept of Cost of Living Adjustment (COLA). A cost of living adjustment is an increase in employee salaries or benefits to counteract inflation.
You can download a COLA MiniSurvey report here: https://segunakiode.com/COLAminisurvey'>https://segunakiode.com/COLAminisurvey
#CostOfLivingAdjustments
⏰Timestamps
0:00 Introduction
0:22 Definition of Cost of Living
1:40 A Case for Cost of Living Adjustment
2:30 Concept of Cost of Living Adjustment
5:06 How is Cost of Living Adjustment Calculated?
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