Cost of living allowance (COLA)

Do you want to expatriate employees and compensate them in the most equitable way possible but you do not know the cost of living in the country of destination?

“Cost of Living Allowance” (COLA) corresponds to the concept regarding to the salary supplement paid to employees to cover the differences in the cost of living between the country of origin and the country of destination.

The COLA amount should allow an expatriate to maintain their standard of living in the destination country.

COLA is a simple method of making decisions related to the salary or benefits involved as a result of an international assignment.