AIRINC recently hosted a group of EMEA Global Mobility Leaders to discuss Unleashing the Power of Mobility in 2021, moderated by Michael Joyce and Mike Wincott. The conversation focused on how Global Mobility can maintain and capitalise on the enhanced respect and recognition received during the pandemic.
International commuter assignments are one of the fastest growing segments of mobility. Until now, calculating these costs—quickly and accurately—has been a challenge.
Quickly and easily calculate global allowances using price ratio cost of living data! Many companies offer compensation allowances in addition to salary, and want these to equate globally.
In general, getting an employee to accept a domestic relocation can be difficult. It is not easy to uproot a family, logistically manage a move, and establish oneself in a new city. However, it can be even more challenging when the new location is considerably more expensive.
The island country of Barbados was not initially hit hard by the pandemic. Only in recent months has the country experienced a spike in cases, which sources believe can be contained by this summer with mass vaccinations. The sharp decrease in expatriate arrivals has begun a series of transformations within Bridgetown’s housing market.
In June 2020 a client called me and said, “We’d like to pay our employees a work from home allowance to help cover the cost of faster internet, new home office furniture, and increased coffee purchases.” As a remote worker for the past 4 years, I can attest to the need for greatly increased coffee purchases!
In recent months, several major oil companies expanded their offshore drilling operations in Guyana to include neighboring Suriname. The entry into Suriname was facilitated by the country’s shifting political climate and the economic vulnerability triggered by the COVID-19 pandemic. With the sudden arrival of expatriates into the capital, Paramaribo, the housing market is already experiencing considerable strain.
Since March of 2020, more than 450,000 Australian citizens and permanent residents returned home on the advice of the Australian Federal Government. International travel was becoming increasingly complex and many countries established travel restrictions or closed borders.
About a year ago, we reported over a third of companies we surveyed were considering implementing some type of core/flex mobility policy. Since then, Global Mobility professionals have had to deal with many COVID-related challenges around assignments and physical relocations, as well as counsel and support their organizations regarding new types of global work patterns such as virtual assignments and remote work.
Over the past year, the rental market in San Juan, Puerto Rico experienced a significant supply crunch of houses. Some of this supply crunch can be directly attributed to changing consumer desires during the COVID-19 pandemic. In cities around the world, demand plummeted for small apartments in city centers while it surged for houses in the suburbs with additional...