cost of living adjustment (COLA)

简明释义

生活费用调整

英英释义

例句

1.The government announced a cost of living adjustment (COLA) for social security benefits this year.

政府宣布今年将为社会保障福利进行生活成本调整（COLA）。

2.Many companies offer a cost of living adjustment (COLA) to help employees cope with rising inflation.

许多公司提供生活成本调整（COLA）以帮助员工应对不断上升的通货膨胀。

3.Employees in high-cost areas often receive a larger cost of living adjustment (COLA) compared to those in lower-cost regions.

高成本地区的员工通常会获得比低成本地区员工更高的生活成本调整（COLA）。

4.The cost of living adjustment (COLA) ensures that wages keep pace with inflation.

生活成本调整（COLA）确保工资跟上通货膨胀的步伐。

5.After reviewing the local economy, the board approved a cost of living adjustment (COLA) for all staff.

在审查地方经济后，董事会批准了对所有员工进行生活成本调整（COLA）。

作文

In today's rapidly changing economic landscape, the concept of cost of living adjustment (COLA) has become increasingly relevant. A cost of living adjustment (COLA) is a change made to salaries or benefits to counteract the effects of inflation and ensure that employees maintain their purchasing power over time. This adjustment is particularly crucial for individuals who rely on fixed incomes, such as retirees or those receiving government assistance, as it helps them cope with rising prices for essential goods and services.The importance of cost of living adjustment (COLA) cannot be overstated, especially in times of economic uncertainty. For instance, when inflation rates rise, the cost of everyday items—such as food, housing, and healthcare—also increases. Without a cost of living adjustment (COLA), workers may find that their salaries no longer cover their basic needs, leading to financial strain and a decrease in quality of life.Many employers recognize the significance of cost of living adjustment (COLA) and incorporate it into their compensation packages. This practice not only helps retain employees but also boosts morale, as workers feel valued and secure in their financial situations. Furthermore, implementing a cost of living adjustment (COLA) can enhance a company's reputation, making it more attractive to potential hires who are looking for stable employment with competitive pay.Moreover, the cost of living adjustment (COLA) is not limited to the private sector; it is also a vital component of government programs. Social Security benefits in the United States, for example, include annual cost of living adjustments (COLA) to ensure that beneficiaries can keep up with inflation. This system is designed to provide financial stability for those who may not have other sources of income, allowing them to afford basic necessities.However, the calculation of a cost of living adjustment (COLA) can vary based on location and economic conditions. Different regions may experience varying rates of inflation, which means that a one-size-fits-all approach may not be effective. As a result, some organizations use geographic-specific data to determine appropriate adjustments. This tailored approach ensures that the cost of living adjustment (COLA) accurately reflects the economic realities faced by employees in different areas.In conclusion, the role of cost of living adjustment (COLA) in maintaining economic stability for individuals and families cannot be ignored. As inflation continues to impact everyday life, the need for effective cost of living adjustments (COLA) becomes even more critical. Employers and policymakers must work together to ensure that these adjustments are fair, timely, and reflective of the true cost of living. By doing so, they can help safeguard the financial well-being of those they serve, ultimately contributing to a more stable and equitable society.

在当今快速变化的经济环境中，“生活成本调整（COLA）”这一概念变得越来越重要。“生活成本调整（COLA）”是对工资或福利进行的变更，以抵消通货膨胀的影响，并确保员工在一定时间内保持其购买力。对于依赖固定收入的人群，例如退休人员或接受政府援助的人来说，这种调整尤其重要，因为它帮助他们应对基本商品和服务价格的上涨。“生活成本调整（COLA）”的重要性不容小觑，特别是在经济不确定时期。例如，当通货膨胀率上升时，日常物品的成本——如食品、住房和医疗保健——也会增加。如果没有“生活成本调整（COLA）”，工人们可能会发现他们的工资无法覆盖基本需求，从而导致经济压力和生活质量下降。许多雇主意识到“生活成本调整（COLA）”的重要性，并将其纳入薪酬方案中。这一做法不仅有助于留住员工，还能提升士气，因为员工感到受到重视并在经济状况上感到安全。此外，实施“生活成本调整（COLA）”可以提高公司的声誉，使其对寻找稳定就业和竞争性薪资的潜在雇员更具吸引力。此外，“生活成本调整（COLA）”不仅限于私营部门；它也是政府项目的重要组成部分。例如，美国的社会保障福利包括年度“生活成本调整（COLA）”，以确保受益者能够跟上通货膨胀。这一制度旨在为那些可能没有其他收入来源的人提供经济稳定，使他们能够负担基本生活必需品。然而，“生活成本调整（COLA）”的计算可能因地区和经济条件而异。不同地区可能经历不同的通货膨胀率，这意味着一刀切的方法可能效果不佳。因此，一些组织使用地理特定数据来确定适当的调整。这种量身定制的方法确保了“生活成本调整（COLA）”准确反映了不同地区员工面临的经济现实。总之，“生活成本调整（COLA）”在维护个人和家庭经济稳定方面的作用不容忽视。随着通货膨胀继续影响日常生活，有效的“生活成本调整（COLA）”的需求变得更加迫切。雇主和政策制定者必须共同努力，确保这些调整公平、及时，并反映真实的生活成本。通过这样做，他们可以帮助保障所服务人群的财务福祉，最终促进一个更稳定和公平的社会。