A recent trend has been an attempt by the management of many organizations to eliminate or restrict the use of cost-of-living adjustments (COLA) clauses.

Answer the following statement true (T) or false (F)


True

Cost-of-living adjustments (COLA) are common in many industries. COLA clauses tie wage increases to rises in the Bureau of Labor Statistics consumer price index (CPI). A recent trend has been an attempt by the management of many organizations to eliminate or restrict the use of COLA clauses.

Business

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