AIRINC (Associates for International Research, Inc.)

WorldatWorld pulished a recent article from AIRINC's President and CEO, Steve Brink. In this article, Brink discusses the changing equation of Total Rewards and the key ways to attract, retain, and enhance talent as our world continues to fasttrack business modernity during the sweeping COVID-19 pandemic. 

When we help our clients redesign their mobility programs, we seek information on what employees value to inform how the program is structured and what benefits are provided.

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.

With COVID-19 putting a pause on typical mobility tasks, and more and more of us working from home, I’m finding that I have more unstructured time in my day. To try to make the most of this unusual break in normal work activity, I’ve been revisiting our 2019 Long-Term Assignment Benchmark and finding some interesting statistics and facts around common policy benefits, and the variety in how they are delivered. You might find that now is an opportune time to revisit your own policies and see if they follow the trends that AIRINC is seeing.

The outbreak of the COVID-19 pandemic has been unprecedented, and its impact to world markets has been reflected in foreign exchange. The impact of COVID-19 touches every part of the economy, and can largely be divided into three categories:

My primary responsibility is to serve as the strategic point of contact for the AIRINC clients in my region. I work with them to look for ways to help them meet their goals and face their mobility program’s challenges. The COVID-19 outbreak has been a prime example of the latter in 2020. I have been working with clients to ensure they are informed about the conditions facing their assignees and the impacts to the data that they receive from AIRINC – mainly hardship and danger pay.

Join AIRINC and your global mobility peers for a breakfast briefing discussion on the recent results from our 2020 Mobility Outlook Survey. From this session, you will learn more about best practices from 155 global companies who participated in the survey.

You are invited to join us as we discuss the results from our recent Long-Term Assignment Benchmark Survey. You will learn about policy best practice from 185 global companies who participated in this survey. In this session, we will discuss:

Consistently, when I ask people what they like about working in global mobility, they say, “No day is ever the same.” It is that daily diversity that keeps professionals engaged. And no wonder global mobility is so dynamic; it involves so many disciplines, and it is a deeply human field.

Earlier this week, AIRINC hosted several industry leaders for a mobility innovation roundtable at our Cambridge, MA headquarters. The roundtable kicked off with a “sneak peak” of results from AIRINC’s latest 2020 Mobility Outlook Survey. Throughout the day attendees discussed current program challenges and the future state of mobility with their peers.