Concept of Cost of Living Adjustment (COLA) | A Beginners Guide
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 Mini-Survey report here: https://segunakiode.com/COLA-mini-survey
#CostOfLivingAdjustments
This episode is sponsored by SeamlessHR (your all-in-one HR software to streamline your human resources needs) and SeamlessPayroll. Check them here - https://seamlesshr.com/ and https://seamlesshr.com/payroll
⏰Timestamps
0:00 - Introduction
1:05 - Definition of Cost of Living
2:22 - Concept of Cost of Living Adjustment
5:48 - How is Cost of Living Adjustment Calculated?
📌 Do you need someone to talk to as regards your career aspirations? You can book a FREE 30-mins Career Clarity Session with Segun Akiode with this link: https://segunakiode.com/clarity-call/
📲 Remember to subscribe to my channel @segunakiode for more videos.
🎀You may be interested in the following Human Resources Insights Episodes:
📌 How To Conduct A Payroll Audit - • How To Conduct A Payroll Audit | A Be...
📌 Payroll Statutory Remittances in Nigeria - • Payroll Statutory Remittances in Nige...
📌 What Are HR Policies and Procedures? - • What Are HR Policies and Procedures? ...
📌 What Is An Employee Handbook? - • What Is An Employee Handbook? | A Beg...
📌 Transforming HR Through Technology - • Transforming HR Through Technology | ...
📌 Introduction to HR Software - • Introduction to HR Software | HR Soft...
📌 How To Choose An HR Software - • How To Choose An HR Software | HR Sof...
★☆★ CONNECT WITH ME ON SOCIAL MEDIA ★☆★
🐦Twitter: - @segunakiode - / segunakiode
📸 Instagram: - @segunakiode - / segunakiode
🎙️ Podcast: https://anchor.fm/segunakiode
🌍 Website: https://segunakiode.com