cost-of-living increases
1Cost of living — For other uses, see The Cost of Living (disambiguation). Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time are often operationalized in a cost of living index. Cost of living… …
2cost of living clause — A provision, commonly in labor agreements, and also in certain pension, retirement, and disability benefit programs, giving an automatic wage or benefit increase tied in some way to cost of living rises in the economy. Cost of living is usually… …
3cost of living clause — A provision, commonly in labor agreements, and also in certain pension, retirement, and disability benefit programs, giving an automatic wage or benefit increase tied in some way to cost of living rises in the economy. Cost of living is usually… …
4cost-of-living allowance — /ˌkɒst əv lɪvɪŋ əˌlaυəns/ noun an addition to normal salary to cover increases in the cost of living (NOTE: The US term is COLA.) …
5Living wage — is a term used to describe the minimum hourly wage necessary for a person to achieve some specific standard of living. In developed countries such as the United Kingdom or Switzerland, this standard generally means that a person working forty… …
6Standard of living in the People's Republic of China — Before 1949 the Chinese economy was characterized by widespread poverty, extreme income inequalities, and endemic insecurity of livelihood. Though it has been argued that in the Ming Qing Period the standards of living reached and stayed at a… …
7standard of living — noun a level of material comfort in terms of goods and services available to someone or some group (Freq. 2) they enjoyed the highest standard of living in the country the lower the standard of living the easier it is to introduce an autocratic… …
8indexation of wage increases — /ˌɪndekseɪʃ(ə)n əv weɪdʒ ˌɪnkri:sɪz/ noun the linking of wage increases to the percentage rise in the cost of living …
9indexation of wage increases — /ˌɪndekseɪʃ(ə)n əv weɪdʒ ˌɪnkri:sɪz/ noun the linking of wage increases to the percentage rise in the cost of living …
10Baumol's cost disease — (also known as the Baumol Effect) is a phenomenon described by William J. Baumol and William G. Bowen in the 1960s. It involves a rise of salaries in jobs that have experienced no increase of labor productivity in response to rising salaries in… …
