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.
AIRINC offers an array of allowances; let us help you choose the ones that are right for you. For example:
• Cost-of-living – an allowance to adjust for differences in goods and services costs between two locations
• Housing allowance – a rental budget appropriate to job level and family size
• Hardship – a location premium to incentivize assignees to more challenging locations
• Airfare allowance – an allowance to cover home leave, R&R, or relocation airfare
• Transportation – an amount to help an employee obtain and operate a car, or use public transportation
• Tax – hypothetical tax deductions to net down pay and/or gross up net pay
• Education – information on the cost of international schools
• Per diems/short-term allowance – daily or monthly allowance to support employees on short-term assignments or business trips
• Lump sum allowances – a cash allowance or reimbursement maximum provided in lieu of relocation benefits
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