The market basket is a key element in establishing the Cost-of-Living Allowance (COLA), so it is important that Global Mobility professionals understand it.
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With inflation continuing to be a global issue, let’s review some key areas that inflation can impact your global mobility program and ways to address them!
With inflation continuing to be a global issue, let’s review some key areas that inflation can impact your global mobility program and ways to address them!
With inflation continuing to be a global issue, let’s review some key areas that inflation can impact your global mobility program and ways to address them!
Have your assignees ever asked, “The price of gas went up 20%, so why hasn’t my cost-of-living allowance (COLA) increased to match?” .
Earlier this month AIRINC was invited to speak with Plus Relocation’s Advisory Council about the state of the US rental market.
With the ruble falling almost 15% over the weekend, you may soon be hearing concerns about Cost of Living Adjustments (COLAs) and exchanging money from your assignees in and out of Russia.
Have your assignees ever asked, “The price of gas went up 20%, so why hasn’t my cost-of-living allowance (COLA) increased to match?” .
One of the challenges that companies face within the U.S. has been attracting talent to what are often perceived as “dying” cities, especially in the Rust Belt. Many people have a perception of these cities that may no longer match the reality on the ground and this can present a challenge for recruiting.
In AIRINC’s 2020 Mobility Outlook Survey, 60% of companies said they offered some form of lump sum as part of their mobility program. Lump Sums are so popular because they can address a variety of goals in one neat, simple package, for example:
