The end is close for France’s highly disfavored taxe d’habitation, or residence tax. The Macron administration announced in June 2021 that, by 2023, no household will pay this tax on its main residence.
Mark Twain famously said, “buy land, they’re not making it anymore”. This rings true today as it relates to the U.S. housing market. Various reasons – local market conditions, lack of supply, robust demand from homebuyers as they take advantage of historically low interest rates, etc. – have caused a surge in home prices.
A Selection of AIRINC Research Results This quarter’s cost of living research was conducted primarily in Europe, Asia, and mainland Southeast Asia.
AIRINC’s global research methods were defined over 60 years ago. I am so proud of the thoughtful adaptations that we have made to our data collection and development to reflect the world that we live in today. This is a concerted effort that is weighed heavily and reviewed often.
Global Mobility is often challenged by local HR about the housing budgets in a given location. What do you do in this case? Do you consider HR’s input and potentially adjust the housing budgets accordingly, or do you maintain the housing budgets based on the data from your provider?
Last week I had the opportunity to present at the French network group Cercle Magellan’s 7th Africa Day on International Mobility and Compensation & Benefits.
Like many locations throughout the world, the rental market in Dubai has been chaotic since the start of the pandemic.
Predicting the first round of the NBA playoffs might seem easy. The favorites usually triumph and there are few big surprises. But what’s even easier than that is using AIRINC’s Salary Evaluation Tool to compare the cost of living for domestic relocations between the cities facing each other.
Predicting a winner of a hockey playoff series isn’t easy. So why not just use cost of living comparisons between the two cities to figure out who will win? It may not have anything to do with hockey, but AIRINC’s Salary Evaluation Tool makes it quick and easy.
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.