AIRINC APAC Webinars: Core/Flex; Currency Volatility; and more!

    Apr 26, 2020 @ 09:45 PM / by Gerald Abbey

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    Join one or all of the following webinars to keep on top of all-things-mobility. If the date/time doesn't work you can still register to receive a copy of the recording.

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    How is COVID-19 impacting global currency? [Update - April 24]

    Apr 24, 2020 @ 03:26 PM / by Morgan Grenier

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    The COVID-19 pandemic continues to wreak havoc in global markets. In addition to the economic impacts of national lockdowns, travel restrictions, rampant unemployment, slack demand for consumer goods and sharply reduced business activity, the volatility of the oil market has reached crisis levels. While OPEC members agreed to cut production in May and June by 23% earlier this month, oil futures have continued to fall and darken outlooks for the global market this month. Crude oil prices went negative for the first time in history this month due to deficient demand for oil and looming lack of global storage capacity.

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    Major Currencies See Appreciation: Just another week of volatility or early signs of COVID-19 recovery?

    Apr 17, 2020 @ 12:56 PM / by Morgan Grenier

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    AIRINC has been providing weekly updates to spot rates of major currencies on our COVID-19 landing page. The global spread of the COVID-19 pandemic and its economic impacts landed a major blow to the global economy last month, made worse in light of volatility in oil markets sparked by controversy within OPEC+. The result has been historic depreciation in even traditionally stable currencies and unprecedented uncertainty. The last week of March saw unprecedented depreciation. While year-to-date depreciation of many currencies remains high, several major currencies saw an appreciation bump last week between April 6-13.

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    Currency Volatility and your International Assignees [Webinar]

    Apr 14, 2020 @ 07:20 AM / by Gerald Abbey

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    The Coronavirus crisis is spurring economic uncertainty around the globe. Exchange rate volatility is just one example. Access our 30-minute webinar to learn about how to address this volatility for your international assignees.

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    What can you do to protect your international assignees when home or host currency weakens?

    Sep 19, 2019 @ 09:45 AM / by Tom Healey

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    When an expatriate’s home country currency weakens, what do you do? In my recent post, I talked about the importance of initiating an increase in their goods and services allowance because the employee’s salary portion, meant to be spent on their market basket, will no longer go as far once converted into their host currency.

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    COLA in an age of Global Volatility [webinar recording]

    Nov 02, 2018 @ 06:29 AM / by Michelle Curran

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    COLA is 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.

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    Currency Volatility: How to proactively manage pay packages for expatriate/international assignees!

    Apr 18, 2018 @ 06:57 PM / by Tom Healey

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    When there are significant exchange rate fluctuations, what does this mean for international assignees, and how should your mobility program address this volatility?

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    'Attracting and Retaining Top Talent in Times of Brexit' with Contributions from AIRINC's Kay Hall!

    Dec 04, 2017 @ 01:19 PM / by Gerald Abbey

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    Brexit raises similar concerns for larger and smaller organisations alike. In fact, it affects tens of thousands of small businesses in the UK, who often lack the corporate infrastructure to support the costs and complexities that result from such an unprecedented constitutional change.

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    3 Strategies for Managing Exchange Rate Fluctuations for Your Global Mobility Program in 2017

    Sep 22, 2017 @ 12:51 PM / by Natalie Tong

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    The unpredictability of fluctuating foreign exchange rates is a daily reality. For many companies, it can have a significant effect on employee compensation.

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    Losses and Gains in Foreign Exchange: Argentina and Iceland falling, Canada and Sweden gaining! And then there's Venezuela.

    Jul 31, 2017 @ 01:05 PM / by Morgan Grenier

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    The Venezuelan Bolivar Fuerte continues to be the most extreme depreciation in the world.

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