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Permanent Transfer - now available through |
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Increasingly,
companies are choosing to transfer employees to local salary as an
alternative approach to the traditional expatriate assignment. The
Permanent Transfer Calculator
is an interactive online tool that calculates living cost differences for localizations, which are commonly referred to as permanent transfers or one-way transfers. It can also assist clients in developing regional "financially equivalent" salary scales based on living cost differences.
Using the Permanent Transfer
Calculator, clients can create customized comparisons of
gross and net pay for transfers between countries (e.g. Paris,
France, to Brussels, Belgium) as well as within a country (e.g.
Frankfurt, Germany, to Munich, Germany). Output includes detailed
breakouts of differences in goods and services, housing, and income
tax costs. The calculator offers 2 options for calculating housing
costs: (1) a Local-to-Local option for true
permanent transfers where a local housing standard is sufficient;
and (2) an Expat Gross-to-Gross option where expatriate housing standards are desirable.
The Permanent Transfer Calculator contains over 50 standard locations. Additional locations may be added upon request. Registered clients can run instant calculations on a transactional basis.
Click
here to view a sample permanent transfer calculation.
click
here for a printable version of Expatriate Compensation
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