ALLOWANCES

The right compensation approach gives cross-border talent the freedom to focus on their success, rather than worry about the financial implications of the move. Carefully selected allowances complement your chosen pay philosophy, allowing the company to offer the employee support at the company’s desired level of subsidy.

Find out how you can establish fair and equitable allowances, from cost-of-living to transportation, per diem, and more. AIRINC allowance policies are based on data collected by our in-house team, paired with timely research and analysis conducted by state-of-the-art technology.

Cost of Living Allowances

The Cost of Living Allowance (COLA) — also known as Goods and Services Differential, Commodities and Services Allowance, or Cost of Living Index – helps clients protect assignees from increased goods and services costs at the host location as compared to those in the home country.

Housing

A successful assignment requires safe housing for your employees. Access ‘at-the-ready’ housing budgets by job level and family size.

Tax

Typically, tax is one of the biggest costs tied to sending someone on a global assignment. An accurate determination of hypothetical and gross-up taxes is essential to the design of equitable expatriate compensation packages.

Hardship

Understanding the challenges of living abroad allows you to effectively recruit and retain talent.

Airfare

Having access to ‘at-the-ready’ airfare data allows you to offer easy to administer travel support, while providing the employee with flexible choice. Access airfare allowances that support home leave, relocation flights, lump sum and other airfare needs.

Education

Education for a global employee’s children can be an important deciding factor on whether they accept an assignment. Access concise information with the upfront and ongoing costs of schools worldwide, so you can evaluate what level of support to provide.

Transportation

Companies may provide transportation assistance to employees traveling across borders, including: Assistance with purchasing a vehicle, Wages for a driver in appropriate locations, Rental car for shorter trips, and Taxis/public transportation passes in developed locations

Furniture Allowances

The AIRINC Furniture Calculator delivers allowances for assignees who must furnish their own homes on assignment.

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