In today’s mobility climate, retaining talent and fostering a positive employee experience is important, but even more so in developmental assignments.....
Do you want to consider the home country of the assignee when paying a hardship allowance?
Aug 30, 2022 @ 10:34 AM / by Sandra De Bruyker
Russia’s full-scale invasion of Ukraine began in the early morning of Thursday, February 24th 2022.
Losses and Gains in Foreign Exchange: An update on global currency - July 2021
Aug 20, 2021 @ 06:00 AM / by Georgio Papakonstantinou
The COVID-19 Delta variant is widespread in several regions, particularly in Southeast Asia and various parts of Africa. The fear of a second economic lockdown negatively impacted many currencies as countries decide whether to impose further restrictions on the public.
We recently welcomed twins, so why didn’t my Spendable Income double?
Aug 18, 2021 @ 06:00 AM / by Kevin Theissen
For those who like to organize their expenses, having a budget or a spendable amount is key. In the world of global mobility, the concept of spendable income is a central element for calculating the Cost-of-Living Allowance (COLA). As the Spendable increases, the COLA increases in the exact same proportion, and everything else remains equal.
Looting, Lockdown, and the Expatriate Lifestyle in South Africa
Aug 11, 2021 @ 11:50 AM / by Jani McLean
South Africa had a rough July of civil protests, rioting, and looting. Lives were lost, shopping malls were robbed, shops, petrol stations, and even whole suburbs were burnt to the ground, leaving many without food, supplies, and medication.
Losses and Gains in Foreign Exchange: An update on global currency - June 2021
Jul 14, 2021 @ 01:24 PM / by Georgio Papakonstantinou
Central Banks in many countries adjusted their policy to combat inflation as product prices around the world begin to increase. Countries with increased interest rates have seen an appreciation with their currency.
Losses and Gains in Foreign Exchange: An update on global currency - May 2021
Jun 09, 2021 @ 04:59 PM / by Georgio Papakonstantinou
The reopening of economies and industry has helped many countries improve their economic outlook as trade resumes. Civil unrest is negatively impacting some countries that are experiencing conflict between the public and government
Losses and Gains in Foreign Exchange: An update on global currency - April 2021
May 06, 2021 @ 10:43 AM / by Georgio Papakonstantinou
There has been movement in the foreign exchange markets due to the reopening of economies and political action within and between governments. Many countries are showing signs of stability and strength...
Losses and Gains in Foreign Exchange: An update on global currency - March 2021
Mar 31, 2021 @ 01:40 PM / by Georgio Papakonstantinou
Movement Continues in the Foreign Exchange Market - This movement is caused by a rise in pandemic cases, hyper-inflation, recovery of oil prices, and more. Below are AIRINC’s summaries of the rate changes above 3.5% taken from our review last week.
Losses and Gains in Foreign Exchange: An update on global currency - February 2021
Feb 26, 2021 @ 11:55 AM / by Zenab Tavakoli
2021 continues to be tumultuous for the global economy, as impacts of conditions throughout the year come due, and new issues emerge to impact markets. Below find our summaries of some of the month’s biggest changes in foreign exchange.