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There are always a handful of locations with hot housing rental markets, but this year has been hotter than usual with big increases on both sides of the Atlantic.
While the need for GM teams to adopt flexibility into practices is more important than ever, it's crucial to adopt a pragmatic approach to employee requests on remote work and virtual assignments.
Having unified its currency rates only last year, Cuba has reintroduced a multiple exchange rate system, greatly devaluing the peso in the process.
Expat salary and benefits packages in Singapore rose by a modest 4% in 2021 in local currency terms despite the city’s fall to 22nd place in the rankings of the costliest places to employ expatriates globally.
Expat pay and benefits packages in Hong Kong rose by a modest USD 3 800 in 2021, to a total of USD 283 000, a rate of growth which was amongst the lowest of all locations in Asia.
Pressure on Ukraine's and Pakistan's currencies finally becomes too much to resist. Read about these devaluations, as well as other exchange rate news from around the world in our monthly round-up.
With inflation on the rise in countries around the world, it is increasingly important that global mobility managers and assignees understand how rising prices impact pay.
China's low inflation is helping the world in its fight to bring down the cost of living, but it could mean big upward index adjustments for Asian outbound assignees.
Focusing on some key initiatives we see companies introducing in order to incorporate sustainability into mobility policies, we address the challenge of balancing assignee satisfaction with implementing sustainable actions.
Somewhat later than usual, due to holidays, here is our monthly round-up of currency and exchange rate news.