For several reasons, changing compensation packages as a direct response to currency movements is nearly always a bad idea.
Cost is often the main concern when considering a commuter assignment but the financial implication is far from the only factor that matters when deciding if a commuting arrangement is the best fit.
UK cities more attractive for overseas employers with lowest ever rankings in global Cost of Living Index
It has been a busy time at ECA with our teams analysing and publishing all the data collected from recent surveys - here's a summary highlighting the latest data updates and what else is new!
Taipei is now 33rd most expensive city to live in globally, an increase of 33 places in five years. Kaohsiung rises to 45th on the table, an increase of 88 places in five years.
Singapore ranked 21st most expensive city for expatriates, the lowest it has been since 2014
Hong Kong is the world’s ninth-most expensive location for expatriates, after dropping out of the top ten in 2016 and is now the second-most expensive location in the Asia-Pacific region after Tokyo, Japan.
Wrapping up our three-part series, this article looks at how to structure employment arrangements and ensure the right policies and processes are in place to effectively manage short-term assignments.
We dispel a few myths, highlight common pitfalls to avoid and provide advice to help global mobility teams establish best practices and compliance when managing short-term assignments.
What do we mean by "international salary spine"? Here we provide a detailed explanation about this alternative remuneration approach that involves paying all assignees on the basis of an international salary structure.