housing allowance
A housing allowance is a financial benefit provided by employers to help employees cover their housing costs. This allowance can be a fixed amount or based on the employee's salary and is often offered to assist with rent or mortgage payments. It is commonly used in job offers to attract talent, especially in areas with high living costs.
Housing allowances can also be part of relocation packages for employees moving to a new city or country. This support helps ease the transition by ensuring that employees can find suitable housing without financial strain.