Cost-of-Living Differentials for Top Expat Locations

by Marillyn Tefft, Senior Researcher 11. June 2018 09:37
The recent HSBC Expat Explorer Survey provides a ranking on locations for expat job opportunities. The over 27,000 participants chose San Francisco, London, New York City, Dublin, and Birmingham, UK, as the top five cities. The ranking in the survey was based on work/life balance, cost-of-living, and salary. In order to consider the merits of each location, a Top Talent expat will need to fully examine the cost-of-living differentials between his or her Base (home) location and these Destination cities. On the hiring side, Human Resource professionals must be prepared to provide these highly-sought-after candidates with granular details on the cost-of-living as part of a competitive offer. As shown below, ERI's Relocation Assessor can provide comprehensive, defensible, and reliable estimates to meet this need. [More]

The Role of HR Leaders in Business Integration

by Malak Kazan, CECP, CCP, CBP, GRP 17. May 2016 14:29
HR leaders manage the human side of business transactions during the due diligence, deal close, and business integration stages. The strategic questions about how a new business target aligns with business objectives related to growth in new products or services, accessing new geographic markets, and/or recruiting mission- critical talent have already been answered during the research to identify the business target. During due diligence, the focus is on uncovering any red flags (if any) that may end the discussions for a host of different reasons. Once there is a definitive agreement signed to pursue the acquisition, the terms of the purchase are detailed with specific buyer and seller responsibilities. Then the heavy lifting begins with business integration to realize the intended business synergies. [More]

Talent Management and Employee Relocation

by Malak Kazan, CECP, CCP, CBP, GRP 9. March 2016 13:31
Organizations are offering more innovative, flexible relocation programs as a way to align talent management strategies to business operation demands and to better compete in the war for talent. The employee (and family members), performance managers, and human resources are critical stakeholders in the process. Whether the company initiates a relocation for business and professional development purposes or the employee initiates it for personal family or career interests, the stakeholders collaborate to make an informed decision about the move. Cost of living, compensation, and career management are three factors that need to be evaluated to ensure a relocation is successful. [More]

Renting and Owning in Cities and Their Metro Areas

by Marillyn Tefft, Senior Researcher 16. March 2015 18:02
The decision to rent or own in a new city is often a key concern to relocating employees. Heightened awareness continues to be stimulated by recent headlines of rental prices increasing and tight vacancy rates. Compensation, HR, and mobility professionals require accurate housing data to provide useful cost-of-living metrics to relocating employees and to contribute to analysis used by management in business decisions. The Relocation Assessor data sets provide in-depth comparisons needed for these multiple uses.
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Cost of Living Index

by Marillyn Tefft, Senior Researcher 20. January 2015 13:28
ERI’s Cost of Living Index ranks the price of goods and services in heavily populated US cities as a percentage of the national average. Data is provided by ERI's Relocation Assessor. [More]

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