Decreases in COLA - How are your assignees reacting?

The Cost of Living Allowance (COLA) is a central part of an international assignee’s package. What happens when this highly visible allowance decreases?

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While a number of factors contribute to changes in one's COLA, exchange rate fluctuations are significantly influential. Due to home and host location economic conditions, expatriates need to be educated on what the impact of these changes will be to their COLA and their overall purchasing power in the host country. (To learn more about currency devaluations, you can click here to download AIRINC's currency white papers.)

When does COLA increase and decrease?

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Michelle Curran

Americas Marketing Manager, AIRINC

Marketing manager posting global mobility content authored by experienced industry experts at AIRINC.

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