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.
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.
Pamela Pang provides an overview of expatriate remuneration approaches, how global practice and Japanese practice differs, and how ECA can help with its Cost of Living, Location Allowance and other data and solutions. This webinar is delivered in Japanese.
We take a look at the common difficulties that arise when moving staff from low- to high-paying countries and consider potential solutions.
With a wide range of index types and customisation options available, we take a look at how global mobility managers can make the most of their cost of living index.
A 20% rent increase cements London’s position within top five most expensive cities in the world, while a 12% increase in rental costs sees New York overtake Geneva to secure second place.
Strong currency ensures Hong Kong keeps its crown for another year.
A further rise in Singapore’s ranking was curbed by the weaker Singapore dollar against other major currencies.
Many GM departments are looking to take stock of their policies and consider whether they are still fit for purpose in the new post-Covid workplace.
We discuss findings from our spot survey, Conflict in Ukraine, looking at exactly what actions organisations have been taking in Ukraine, Russia and Belarus, and how ECA can help.