A cost-of-living allowance is a clause in union contracts that allows the company to argue against an increase in wages.

Name: A cost-of-living allowance is a clause in union contracts that allows the company to argue against an increase in wages.
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A cost-of-living allowance (COLA) is a clause in union contracts that provides for an increase in wages to keep up with inflation and the rising cost of living. It does not give the company the ability to argue against increased wages.

A Cost-Of-Living Allowance Is a Clause in Union Contracts That