64% of companies participating in our 2021 Mobility Outlook Survey report that cost predictability is a top priority for Mobility teams in 2021. Meanwhile, 48% of companies report that they are looking for more cost containment. With cost focus in the spotlight, is it possible to budget for your cake and eat it too?
86% of respondents to our Remote work and the impact of COVID-19 on mobility survey anticipate that remote-work requests will increase in 2021, but only 34% of these respondents report that they have a remote work policy.
Remote workers, Virtual Assignments, Work-from-Anywhere employees, and Global Nomads are terms which have gained attention in recent years, and with more fervour in the past 6 months.
Martin is a dislocated assignee, working for the German government on sustainable agriculture projects onsite in Addis Ababa. In late March, fearing civil unrest and a medical system unable to cope with COVID-19, he returned to his home in Kent two days before the U.K. lock-down went into effect. Now, three months later, he is preparing for his return to Ethiopia.
Cost of living index adjustment is driven by changes in the purchasing power of an assignee in the host location. The purchasing power is based on both the exchange rate and inflation, relative between the home and host countries.
Eleven weeks after COVID-19 was officially declared a pandemic, companies and employees have begun to settle into new ways of life around the world, though there are many questions which still remain unanswered about the future.
In recent months, there have been many news references to panic-buying and BREXIT stockpiling. In the event of a no-deal BREXIT, some experts advise to have a minimum of two weeks’ worth of food, water, and household items such as toilet paper for the immediate short-term. But what items are expected to be affected long-term in the market basket?