Kaufkraftausgleich

German

Etymology

Kauf (purchase) +‎ Kraft (power) +‎ Ausgleich (compensation/equalization)

Pronunciation

  • IPA(key): [ˈkaʊ̯fkʁaftˌʔaʊ̯sɡlaɪ̯ç]
  • Hyphenation: Kauf‧kraft‧aus‧gleich

Noun

Kaufkraftausgleich m (strong, genitive Kaufkraftausgleichs, plural Kaufkraftausgleiche)

  1. (economics, business) cost-of-living allowance, purchasing power compensation (an additional payment to employees or pensioners to compensate for higher prices at a specific location or due to inflation)
    Für die Entsendung nach Tokio gewährt das Unternehmen einen großzügigen Kaufkraftausgleich.
    The company provides a generous cost-of-living allowance for the assignment to Tokyo.

Declension

Synonyms

  • Teuerungszulage (cost-of-living bonus)
  • Auslandszulage (foreign assignment allowance; often includes but is not limited to KKA)
  • Inflationsausgleich (inflation compensation; focuses on the temporal aspect)

Antonyms

Coordinate terms

  • Lebenshaltungskosten (the costs of housing, food, etc., that necessitate the compensation)
  • Expatriate (an employee working abroad receiving such payments)
  • Nettolohnoptimierung (adjusting the net pay to maintain a specific standard of living)
  • Warenkorb (the basis for calculating the necessary compensation)
  • Verbraucherpreisindex (the index used to measure price changes)