Compensation Case Study - Remote Work Allowance

    Nov 26, 2021 @ 11:23 AM / by Andrea Downing

    Comp case-1

    Client Challenge #3:

    A financial client has been expanding their remote work program since before the pandemic. They offer employees a one-time remote work allowance to purchase items for their home office, e.g. a desk or printer. However, the allowance amount was based on the costs in their HQ location and not representative of all locations. They needed help to align the allowance globally.

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    Using AIRINC's local goods & services data and exchange rate information for all of the company’s office locations allowed them to cost adjust their U.S.-based allowance amount.

    This solved their challenge, and they delivered a cost-aligned global benefit to all their local employees across the globe.

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    Topics: Cost of Living, Global Mobility, Workforce globalization, Employee Compensation, exchange rates, Remote worker, Global Compensation, Calculate cost of living allowance, Hungary, alternative pay approach, Total Reward, Distributed Workforce, Compensation, Data Analytics

    Andrea Downing

    Written by Andrea Downing

    Andrea joined AIRINC in 2014 as a Client Solutions Executive with over fifteen years’ experience in global mobility with expatriate data consultancies. Andrea is the first point of contact for clients within the EMEA region that are managing their first international assignments; she also develops relationships with partner companies in EMEA. Andrea’s experience ranges from conducting pricing surveys to managing consulting projects, providing a full understanding of all the issues clients face with cross-border moves. Andrea has a BSc (Hons) Degree in Biological Sciences from Middlesex University.