For several reasons, changing compensation packages as a direct response to currency movements is nearly always a bad idea.
In countries where inflation is particularly high, ECA undertakes interim cost of living surveys so that companies can protect their assignees’ spending power.
In order to attract and retain talent it is vital to keep track of local national salary trends in the locations where you operate. ECA's Senior Remuneration Analyst, Oliver Browne, reports on the key findings from this year's Salary Trends Survey.
This infographic highlights the findings from ECA's 2017/18 Salary Trends survey and how they compare to previous year's results.
UK professionals expected to receive just 0.2% real-terms salary increase in 2018.
Hong Kong professionals expected to receive 1.8% real-terms salary increase in 2018, down from 2% in 2017
Singapore professionals expected to receive 2.7% real-terms salary increase in 2018, down from 2.9% in 2017.
We dispel a few myths, highlight common pitfalls to avoid and provide advice to help global mobility teams establish best practices and compliance when managing short-term assignments.
Why are short-term assignments growing in popularity and how are companies structuring packages?
What is the select country approach to calculating assignment pay, and when should you use it?