Cola

What is a Personal Salary Impact Statement?

This is information that an employer can offer an employee when relocating them from one location to another. This statement provides a sense of how the employee’s purchase power will be affected by the move.

Panic-buying and BREXIT-piling

In recent months, there have been news references to panic-buying and BREXIT stockpiling. In the event of a no-deal BREXIT, some media outlets advise to have a minimum of two weeks’ worth of food, water, and household items, such as toilet paper, for the immediate short-term.

AIRINC Gasoline Price Tracking Report: Q1 2019

Global gasoline prices fell this quarter compared with our data from six months ago. Oil prices hit a recent high in early October but have fallen sharply since. US crude, for example, had its weakest month in a decade as the price plummeted 22% in November.

Tuesday, April 16, 2019 | Webinar | WorldatWork and AIRINC | Register

Competitive compensation structures are essential to employee recruitment and retention efforts. Despite the challenges of talent acquisition and expansion into new markets, organizations must ensure they have the right talent in the right place to drive results.

Domestic Moves

If you are relocating or temporarily assigning an employee within a single country, what kind of support should you give them? What is the impact on their compensation?

A mall in Astana, Kazakhstan as seen during an AIRINC cost of living survey. Photo taken by AIRINC surveyor Oscar Rasson.

A Cost of Living Survey in a digital world

At AIRINC, technology allows our dedicated survey staff to collect data and monitor changes through telephone and online research in conjunction with on-site surveys. We collect a wider range of data more efficiently using this multi-pronged approach, and by using an in-house research survey team, we collect the most objective, consistent pricing data.

How do you define a "Short Term Assignment"?

AIRINC’s Short Term Assignment (STA) survey confirmed that although the typical STA is defined as unaccompanied and 3 to 12 months in duration, many companies reported that their policies include significant flexibility around STA arrangements and entitlements. This flexibility helps to encourage mobility and control costs, but can make it challenging to determine how to structure assignee support.

Exchange Rate Fluctuation and Economic Volatility

Cost of Living Allowances (COLA) are affected by complex economic factors like exchange rate fluctuation and economic volatility, which are highly unpredictable. For a COLA to be effective, the allowance must be reviewed and updated periodically to take these factors into account.