Salary Increase Planning: Don't Be Tempted by COLA Figures

by Marillyn Tefft, Senior Researcher 19. September 2012 10:32

Annual cost-of-living adjustments, also known as COLA increases, become headline news in October when the Social Security Administration releases its benefits figures for the upcoming year. In 2012, the increase was 3.6%, while predictions for 2013 range from 1.3% to 1.8%. Coverage surrounding the figures may prompt HR professionals to consider how their company’s compensation increases compare.

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Participation Opens for 2013 Salary & Benefits Surveys

by ERI Salary Surveys 18. September 2012 12:22

The participation window for ERI Salary Surveys opens October 1, 2012, and continues through March 31, 2013. As an early bird incentive, we are offering a 75% discount applied to the purchase of the results for those who participate in any of our U.S. or Canadian compensation and benefits surveys before the end of 2012. For the remainder of the collection period, participants will receive a 50% discount. Without participation, our surveys range in price from $489 to $689. Not only do you save money by participating, but your organiza­tion’s data also add to the validity of the survey results. Data may be submitted through our online questionnaire or by downloading an Excel version of the questionnaire and returning it via email. We also accept hardcopy versions of the questionnaire sent by fax or mail.

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What Constitutes Reliable Cost-of-Living Data? Five Components That Matter

by Marillyn Tefft, Senior Researcher 6. September 2012 13:43

Workforce mobility has moved from a transaction to strategic role in the overall development and management of talent. Creating attractive mobility packages for key employees depends on justifiable cost-of-living data based on several underlying components.

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2012 Compensation Surveys Released

by ERI Salary Surveys 5. September 2012 12:26

ERI Salary Surveys has released its 2012 collection of compen­sation surveys for the United States and Canada. These are true salary surveys, reporting participant data gathered during the pres­ent and prior year (October 2011 – April 2012), complemented by two additional sections of data for comparison purposes. The result is up to three survey sources per benchmark job.

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Why is the Cost of Living in International Locations So High when Compared with U.S. Cities?

by Marillyn Tefft, Senior Researcher 22. August 2012 10:03

Our Relocation Assessor provides cost-of-living differentials based on a North American management/professional lifestyle in both the home and host location. The traditional international expat lifestyle has typically encompassed an even higher level of perks than what is common in North America.  Replicating this standard of living in international locations considered “inexpensive” can be surprisingly costly.  In fact, it is not unusual for total global mobility costs to be two to three times the actual salary, with cost-of-living differentials comprising a relevant percentage of these expenses.

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