Have you updated your expats' cost-of-living allowance recently?
The following country combinations have had significant exchange rate fluctuations of 5% or greater in the past two months.
It's important to monitor exchange rate volatility for all your assignees' country combinations and update their allowances accordingly. In the past two months, the above country routes have had significant exchange rate fluctuations of 5% or greater, a threshold AIRINC feels is significant enough to warrant cost-of-living allowance updates! If you have expatriates on these routes, we recommend you adjust their allowances as soon as possible.
Click here to get a better understanding of how exchange rates effect expatriates cost-of-living allowances.
Balance Sheet Manager
Click here to learn more about the AIRINC's Balance Sheet Manager tool that not only provides cost-of-living allowances for your expats, but also monitors exchange rate fluctuations and automatically updates these allowances online.
Already a Balance Sheet Manager user?
If you need cost-of-living allowance updates, please let us know or contact your AIRINC Account Representative.
