Organisations spend insufficient time creating a well designed expatriate remuneration strategy and policy. This is dangerous given that the highest employee turnover is at the beginning and end of international assignments, indicating a lack of integration of expatriate pay philosophy with … Continue reading
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Zurich in Switzerland is ranked as the overall most expensive city to live in, world-wide, according to Xpatulator.com’s July 2013 international cost of living rankings. Thimphu in Bhutan, is ranked the cheapest. Tokyo dropped 2 places in April, and another 3 places in … Continue reading
The formula for calculating the specific cost of living index for an international assignment is as follows: Cost of Living Index = Customized Cost of Living Index for Host City / Customized Cost of Living Index for Home City When moving … Continue reading
Cost of living rank of Education cost of living indexes as at October 2011 for 300 global locations. The indexes are calculated using the prices for specific quantities of the same goods and services in each location, based on expatriate spending patterns across 13 broad categories (Basket Groups). Continue reading
Cost of living rank of Communication cost of living indexes as at October 2011 for 300 global locations. The indexes are calculated using the prices for specific quantities of the same goods and services in each location, based on expatriate … Continue reading
continuation of raising kids as an Expat…..being openminded Continue reading
In December 2008 London was ranked the 6th most expensive place in the world for expatriates to live, having been ranked 1st a year before. As at April 2009 London is the 23rd most expensive place in the world for expatriates. This does not mean that the cost of living for expatriates living in London has decreased significantly, what it does mean is that relative to other places in the world, London is no longer as expensive as it was in recent years. What makes London’s cost of living relatively lower than it was is mainly due to the increase in the cost of living elsewhere together with the weaker British Pound. Continue reading
A Cost of Living Allowance (COLA) is a salary supplement paid to employees to cover differences in the cost of living, particularly as a result of an international assignment. The amount of COLA should enable an expatriate to be able … Continue reading
The challenges of ensuring expatriates are paid fair salaries across different countries, in the current economic climate, of the credit crisis together with rapid currency and inflation fluctuations are increasingly complex. The current economic climate has made it necessary to … Continue reading
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Expatriate International Cost of Living 