While the trend on work from home flexibility has increased over recent years, we see an expanded work from anywhere (WFA) as a growing option as a result of COVID-19. Work location has always been a key element of the compensation pillar.
As a long-time Compensation consultant and senior instructor at WorldatWork, I have always taught that cost of labor was the right metric to use when setting pay as well as assessing geographic differences. Cost of labor is the assessment of the supply and demand of labor in a labor market via relevant compensation surveys. With the current environment of distributed workforce, I am changing my view on adjusting pay for geographic differences.
Eighty-seven percent of companies report using one-way transfers for truly permanent international moves (the employee is not expected to return to the origin). Almost all survey participants report using international one-way transfers in their purest sense: when an employee’s position permanently moves to another country or when there’s a need to build long-term talent capacity in that country – with the key being that these are essentially permanent moves without future mobility envisioned.
Are you thinking about the future of compensation in the United States? Take our short pulse survey to understand how companies are currently structuring compensation in the U.S., and how they’re planning to address the rise of remote work and the proliferation of work locations.
AltoVita recently held its first ever Global Mobility Virtual Symposium. The topics discussed ranged from technology trends in Mobility, the evolving attention to employee experience, sustainable and smart home technology, and female leadership in corporate travel.
Lump sums can be a valuable tool that provides employee flexibility and choice, reduces administration, and delivers cost transparency to the business. We have learned a lot from key clients and partners in the development of our new lump sum offering and would like to share some key insights from industry professionals on how to successfully implement a lump sum program.
Remote working has been a constant theme at the forefront of global mobility discussions since the start of the Pandemic. There is a lot of talk, but what are companies doing at a practical level?
AIRINC was a proud sponsor at the recent Virtual Mobility Forum (VMF) organized by Jasper Events. Long considered to be one of the top organizers of global mobility events in the Australia-New Zealand region, this year's Jasper Events Virtual Mobility Forum expanded participation to included mobility professionals from across the entire APAC region.
COVID-19 has propelled the digitalization of the workplace and the rise of remote work. Capitalizing on the appeal of its advanced infrastructure and digital connectivity, Dubai recently launched a new visa programme