Relocation Briefs (Sept. 24, 2001)

By
|Canadian HR Reporter|Last Updated: 09/04/2003

PAY HIKES FOR EXPATS

Toronto — With international assignments increasing, employers are being forced to improve compensation packages for expats in order to stay competitive, a study by consulting firm William M. Mercer Ltd. shows. Employees abroad compare compensation deals with other expats they meet, so competitive comp deals are a must. To discourage employees from leaving while on assignment, 20 per cent of companies now pay part of a mobility premium at the beginning of an assignment with the remainder paid on return to the home country. The survey found mobility premiums are typically just under 15 per cent of gross base salary, but can go up to 30 or 40 per cent for more difficult locations like Algeria, China and Columbia.

BUSINESS TRAVEL BELT-TIGHTENING EXPECTED