Global Salary Comparison
Global Salary Comparison
Welcome to AIRINC’s Global Mobility Education Knowledge Base! Whether you are new to Mobility or a seasoned professional, we invite you to use this Education Knowledge Base as a helpful explainer and reminder of the nuts and bolts of Global Mobility.
The Cost of Living Allowance (COLA) — also known as Goods and Services Differential, Commodities and Services Allowance, or Cost of Living Index – an allowance to adjust for differences in goods and services costs between two locations.
The Balance Sheet is the traditional way to compensate an employee on an expatriate assignment. In recent years, other approaches have gained in popularity, however, the Balance Sheet remains the gold standard for protecting employees’ pay on assignment.
Typically, tax is one of the biggest costs tied to sending someone on a global assignment. An accurate determination of hypothetical and gross-up taxes is essential to the design of equitable expatriate compensation packages.
Calculate per diems that cover costs for employees’ meals, transportation, and accommodation in a host location while on short-term assignments, business trips, or commuter arrangements.
A location premium to incentivize assignees to more challenging locations.