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Results based on: MyExpatriate Market Pay Survey

With global inflation remaining higher than expected this year, what impact will it have on local pay awards going forward?

Stay up to date on the latest trends in pay awards for locally employed staff in the Asia-Pacific region.

Workers in Singapore are expected to receive a salary increase of 4.0% in nominal terms in 2024, consistent with the rate in 2023.

Workers in Hong Kong are expected to receive a salary increase of 4.0% in 2024, the same as 2023.

Businesses in the UK expect to repeat an historic 5% nominal pay increase in 2024

Accurately comparing expatriate salaries across diverse roles and industries is complex. Fortunately, a robust and consistent job evaluation system, like ECA's points system, can help simplify the task. It provides organisations with a way to benchmark their diverse groups of...

Singapore rose six places to 16th position in global rankings of locations with the highest expatriate packages

Hong Kong rose three places to fifth position in rankings.

In times of widespread inflation and rising benefit costs, benchmarking your expatriate packages becomes crucial to ensure your company offers competitive compensation while managing expenses. Discover how ECA’s MyExpatriate Market Pay report can assist you in this.

Average annual cost of sending an expat to the UK is now £351 992, up by 11% on last year.