1. October 2013 13:42
HR and Mobility professionals are facing an increasing demand to use cost-of-living data to analyze expenses for multiple types of assignments such as long-term, short-term, temporary and extended business travel. ERI Economic Research Institute Relocation Assessor data provides data which can be used to benchmark estimated costs for a variety of assignments. Below we detail the flexibility of data provided in a single report.
1. October 2013 08:52
In our latest cost-of-living comparison using data from ERI’s Relocation Assessor, we examine a professional relocating from Pittsburgh, PA to three other U.S. locations. The analyses are meant as one-to-one comparisons based on replicating a typical professional lifestyle with annual earnings of $100,000 in Pittsburgh. In addition to the total cost-of-living comparisons, we’ve provided differentials for each of the major expenditure pattern components: consumables, transportation, health services, housing, and taxes.
7. August 2013 08:40
Attracting and retaining top talent is a key function for many HR, compensation, and relocation professionals. Analyzing the relationship between cost of living and salary for a specific location is a tool that can be used in certain situations to enhance presentations to management, educate relocating employees, and attract new hires. [More]
5. July 2013 15:42
HR and relocation professionals should be cognizant of the impact state and local taxes can have on cost-of- living differentials.
6. May 2013 11:04
Justifiable cost-of-living analysis and reports make mobility attractive to key talent while demonstrating HR and mobility professionals’ value to the business. There are a variety of approaches to calculating cost-of-living adjustments, and it is important for professionals to provide consistent estimates that satisfy corporate mobility policy goals, address cost containment, and result in a successful temporary assignment or relocation. [More]