The cost of living allowance clause in a contract is sought by management in order to gain some certainty about labour costs.

Name: The cost of living allowance clause in a contract is sought by management in order to gain some certainty about labour costs.
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The cost of living allowance clause is typically sought by employees or unions to ensure wages keep pace with inflation, not by management to control labor costs.

The Cost of Living Allowance Clause in a Contract Is