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ECA International | May 15, 2016
Part of the problem is that companies do not regularly update their compensation packages to reflect increases in tuition and other living costs, with some even slashing their packages due to the economic downturn and the growing pool of local talent, said Lee Quane, the regional director for Asia of ECA International, a global consulting firm that provides data on mobility, pay, expat packages and the living costs of international assignees. Nancy Palladino (pseudonym), an American who works as...
ECA International | November 10, 2016
Inflation hits supposed 4% pay hike. Singapore employees would definitely be shaking their heads as salaries are forecast to uptick only at 2.9%, down from the supposed 4% if not for inflation. According to a study by ECA International, the rising inflation means that staff in Singapore will see a decline in real wage increases next year. "With Singapore transitioning from 0.3% deflation in 2016 to 1.1% inflation in 2017, real wage increases for employees will take a hit. The generous 4.3% ...
The generous 4.3% average real wage increases enjoyed in 2016 will not be seen in 2017, despite employers offering a 4% average nominal salary increments. Instead, real wage increases are forecast at a lower rate of 2.9% next year, according to the latest Salary Trends survey by ECA International....
ECA International | July 07, 2016
The total cost of a pay package for expatriate middle managers dropped by 2 per cent over the last 12 months, according to a survey by human resources consultant ECA International. The study compared expat salaries worldwide, finding that in Asia, Hong Kong had moved up the rankings to have the fourth highest pay package, up from 5th place last year despite the drop in the value of the total package....
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