Global Salary Comparison
Global Salary Comparison
The right compensation approach gives cross-border talent the freedom to focus on their success, rather than worry about the financial implications of the move. Carefully selected allowances complement your chosen pay philosophy, allowing the company to offer the employee support at the company’s desired level of subsidy.
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.
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 successful assignment requires safe housing for your employees. Access ‘at-the-ready’ housing budgets by job level and family size.
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.
A location premium to incentivize assignees to more challenging locations.
Simplify your program administration and deliver employee flexibility using accurate relocation cost data.
Incentivize talent to move to higher-cost locations, explain cost differences quickly and easily, optimize your domestic relocation program costs.
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.
Simplify your program administration and deliver employee flexibility using accurate relocation cost data.
Education for a global employee’s children can be an important deciding factor on whether they accept an assignment. Access concise information with the upfront and ongoing costs of schools worldwide, so you can evaluate what level of support to provide.
Companies may provide transportation assistance to employees traveling across borders. A transportation allowance is an amount to help an employee obtain and operate a car or use public transportation.
In lieu of shipping your assignee’s furnishings to the host location, understand and plan for the cost of purchasing or renting furniture, housewares, or textiles locally.
Data to support global driving reimbursement policies for employees’ company car use and personal auto-use for business purposes.
Provide globally aligned rewards based on cost-of-living data.
Incorporate cost-of-living data into your regional salary structure assessment to assess where costs differ.
Understand how inflation is impacting your employees’ pay, and how this can vary by geography or the individual’s position on the income spectrum.
Evaluate and/or compare salaries for both income taxes and living costs so that you can holistically evaluate compensation for cross-border talent.
Use AIRINC’s data on the cost of goods and services, housing, and taxes to determine compensation for an employee in a remote work location.
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