Results based on: Salary management

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

With the salary review season approaching for many, it is timely for us to look at the transformative power of batch processing - what a difference it makes! Streamline pay reviews and other repetitive tasks so your team can redirect focus to more strategic and assignee-centric responsibilities...

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

While exchange rate fluctuations may be beyond employers' control, they are accountable for implementing protective measures to safeguard assignees from adverse impacts. Getting exchange rate protection right involves aligning multiple processes correctly. Depending on how the company delivers...

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.