Tool Launched To Calculate Equivalent Pay For New Expats

By Fiona Moore, for ExpatBriefing.com 23 July, 2014

International consultancy Mercer has launched a new tool to help employers negotiate the payment packages of employees who are sent abroad on localized compensation programs.

Ed Hannibal, who is Global Leader of the Mobility practice at Mercer, explained that the firm's new Compensation Localizer tool "marries Mercer Mobility information with Mercer Local Remuneration data to assist companies and their leadership when their desire is to pay mobile employees on a local basis."

The tool calculates the difference between costs in the current and proposed locations, taking into account taxes, the cost of goods and services, and housing expenses. It also uses proprietary remuneration data to make comparisons with the local market.

Tags: Tax | Business | Employees | United States | Services | Expats | Working Abroad | Work | Working Abroad | Working Abroad |

 





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