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Cost Of Living Adjustment
Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time can be operationalized in a cost-of-living index. Cost of living calculations are also used to compare the cost of maintaining a certain standard of living in different geographic areas. Differences in cost of living between locations can be measured in terms of purchasing power parity rates. Definition Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time can be operationalized in a cost-of-living index. Cost of living calculations can be used to compare the cost of maintaining a certain standard of living in different geographic areas. Differences in cost of living between locations can be measured in terms of purchasing power parity rates. Cost-of-living adjustment (COLA) Employment contracts and pension benefits can be tied to a cost-of-living index, typically to the consumer price index (CPI). A COLA a ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five major unincorporated territories, nine United States Minor Outlying Islands, Minor Outlying Islands, and 326 Indian reservations. The United States is also in Compact of Free Association, free association with three Oceania, Pacific Island Sovereign state, sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Palau, Republic of Palau. It is the world's List of countries and dependencies by area, third-largest country by both land and total area. It shares land borders Canada–United States border, with Canada to its north and Mexico–United States border, with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 m ...
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Economist Intelligence Unit
The Economist Intelligence Unit (EIU) is the research and analysis division of the Economist Group, providing forecasting and advisory services through research and analysis, such as monthly country reports, five-year country economic forecasts, country risk service reports, and industry reports. The EIU provides country, industry, and management analysis worldwide and incorporates the former Business International Corporation, a UK company acquired by its parent company in 1986. The EIU has its main offices in four cities - London, New York, Hong Kong and Dubai. Its Managing Director is Robin Bew, formerly the Editorial Director and Chief Economist. Acquisitions Bazian In December 2012, the Economist Intelligence Unit acquired Bazian, which specialises in the analysis and supply of clinical evidence on health services, treatment, and health technologies to assess clinical effectiveness and value for money. Headquartered in London, Bazian was founded by Vivek Muthu and Anna Don ...
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Cost Of Living In Namibia
The cost of living in Namibia is very high. Namibia imports about 50% of its cereal requirements. Many other items used in daily life also need to be imported. High transportation costs make prices very high and unaffordable. Monopolies in some business sectors causes higher profit booking, which also results in raising of prices. For example, the price (in 2013) of electricity for domestic consumers in Windhoek for post-paid consumers was 1.08 N$ per unit (KWH) added with ECB levy of 0.0150 N$ per unit and NEF levy of 0.0102N$ per unit, with a fixed cost based on load added to the bill. Consumers who have prepaid metering units paid 1.57 N$ per unit of electricity, with an added ECB levy of 0.0150 N$ per unit and NEF levy of 0.0102N$ per unit. The price of gasoline was ~13 N$ per liter, and the price of liquid petroleum gas (LPG) was ~8 N$ per liter. Rent for a family accommodation may exceed 12000 N$ per month in safe urban locations. The price of a 1 litre water bottle is ~15 N$ ...
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ACCRA Cost Of Living Index
The Cost of Living Index (COLI), formerly the ''ACCRA Cost of Living Index'' is a measure of living cost differences among urban areas in the United States compiled by the Council for Community and Economic Research. First published in 1968, the index compares the price of goods and services among metro areas across the US. The index is widely used by economists, researchers and corporation A corporation is an organization—usually a group of people or a company—authorized by the state to act as a single entity (a legal entity recognized by private and public law "born out of statute"; a legal person in legal context) and ...s to measure relative cost of living. References External linksCost of Living Index Price indices {{econometrics-stub ...
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Living Wage
A living wage is defined as the minimum income necessary for a worker to meet their basic needs. This is not the same as a subsistence wage, which refers to a biological minimum, or a solidarity wage, which refers to a minimum wage tracking labor productivity. Needs are defined to include food, housing, and other essential needs such as clothing. The goal of a living wage is to allow a worker to afford a basic but decent standard of living through employment without government subsidies. Due to the flexible nature of the term "needs", there is not one universally accepted measure of what a living wage is and as such it varies by location and household type. A related concept is that of a family wage – one sufficient to not only support oneself, but also to raise a family. The living wage differs from the minimum wage in that the latter can fail to meet the requirements for a basic quality of life which leaves the worker to rely on government programs for additional income. ...
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Pay Grade
A pay grade is a unit in systems of monetary compensation for employment. It is commonly used in public service, both civil and military, but also for companies of the private sector. Pay grades facilitate the employment process by providing a fixed framework of salary ranges, as opposed to a free negotiation. Typically, pay grades encompass two dimensions: a "vertical" range where each level corresponds to the responsibility of, and requirements needed for a certain position; and a "horizontal" range within this scale to allow for monetary incentives rewarding the employee's quality of performance or length of service. Thus, an employee progresses within the horizontal and vertical ranges upon achieving positive appraisal on a regular basis. In most cases, evaluation is done annually and encompasses more than one method. Important employers to use pay grades include: * U.S. uniformed services pay grades * U.S. Government pay grades * United States Foreign Service * United ...
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United States Forces Japan
is a subordinate unified command of the United States Indo-Pacific Command (USINDOPACOM). It was activated at Fuchū Air Station in Tokyo, Japan, on 1 July 1957 to replace the Far East Command. USFJ is commanded by the Commander, US Forces Japan (COMUSJAPAN) who is dual-hatted as commander of the Fifth Air Force. U.S. Forces Japan is currently headquartered at Yokota Air Base in Tokyo. COMUSJAPAN plans, directs, and supervises the execution of missions and responsibilities assigned by the Commander, U.S. Indo-Pacific Command (COMUSINDOPACOM). They establish and implement policies to accomplish the mission of the United States Armed Forces in Japan and are responsible for developing plans for the defense of the country. USFJ supports the Security Treaty and administers the Status of Forces Agreement (SOFA) between the United States and Japan. They are responsible for coordinating various matters of interest with the service commanders in Japan. These include matters affect ...
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United States Military Bases
This is a list of military installations owned or used by the United States Armed Forces currently located in the United States and around the world. This list details only current or recently closed facilities; some defunct facilities are found at :Closed military installations of the United States. An "installation" is defined as "a military base, camp, post, station, yard, center, homeport facility for any ship, or other activity under the jurisdiction of the Department of Defense, including leased space, that is controlled by, or primarily supports DoD's activities. An installation may consist of one or more sites" (geographically-separated real estate parcels). The United States operates a global network of military installations and is by far the largest operator of military bases abroad with locations in dozens of nations on every continent, with 38 "named bases"What are here termed "named bases" are the bases listed in section X: "Personnel Data from DMDC", i.e. exc ...
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Military Of The United States
The United States Armed Forces are the military forces of the United States. The armed forces consists of six service branches: the Army, Marine Corps, Navy, Air Force, Space Force, and Coast Guard. The president of the United States is the commander-in-chief of the armed forces and forms military policy with the Department of Defense (DoD) and Department of Homeland Security (DHS), both federal executive departments, acting as the principal organs by which military policy is carried out. All six armed services are among the eight uniformed services of the United States. From their inception during the American Revolutionary War, the U.S. Armed Forces have played a decisive role in the history of the United States. They helped forge a sense of national unity and identity through victories in the First Barbary War and the Second Barbary War. They played a critical role in the American Civil War, keeping the Confederacy from seceding from the republic and preserving the u ...
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Salary
A salary is a form of periodic payment from an employer to an employee, which may be specified in an employment contract. It is contrasted with piece wages, where each job, hour or other unit is paid separately, rather than on a periodic basis. From the point of view of running a business, salary can also be viewed as the cost of acquiring and retaining human resources for running operations, and is then termed personnel expense or salary expense. In accounting, salaries are recorded in payroll accounts. Salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed. Salary is commonly paid in fixed intervals, for example, monthly payments of one-twelfth of the annual salary. Salary is typically determined by comparing market pay rates for people performing similar work in similar industries in the same region. Salary is also determined by leveling the pay rates and salary ranges established by an individual employer. Salary is a ...
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Melbourne
Melbourne ( ; Boonwurrung/ Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a metropolitan area known as Greater Melbourne, comprising an urban agglomeration of 31 local municipalities, although the name is also used specifically for the local municipality of City of Melbourne based around its central business area. The metropolis occupies much of the northern and eastern coastlines of Port Phillip Bay and spreads into the Mornington Peninsula, part of West Gippsland, as well as the hinterlands towards the Yarra Valley, the Dandenong and Macedon Ranges. It has a population over 5 million (19% of the population of Australia, as per 2021 census), mostly residing to the east side of the city centre, and its inhabitants are commonly referred to as "Melburnians". The area of Melbourne has been home to Aboriginal Vi ...
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Sydney
Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountains to the west, Hawkesbury to the north, the Royal National Park to the south and Macarthur to the south-west. Sydney is made up of 658 suburbs, spread across 33 local government areas. Residents of the city are known as "Sydneysiders". The 2021 census recorded the population of Greater Sydney as 5,231,150, meaning the city is home to approximately 66% of the state's population. Estimated resident population, 30 June 2017. Nicknames of the city include the 'Emerald City' and the 'Harbour City'. Aboriginal Australians have inhabited the Greater Sydney region for at least 30,000 years, and Aboriginal engravings and cultural sites are common throughout Greater Sydney. The traditional custodians of the land on which modern Sydney stands ...
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