Hong Kong re-enters top five locations with highest expatriate packages
Hong Kong rose three places to fifth position in rankings.
Hong Kong rose three places to fifth position in rankings.
Singapore rose six places to 16th position in global rankings of locations with the highest expatriate packages
Average annual cost of sending an expat to the UK is now £351,992, up by 11% on last year
Hong Kong loses number one status in spite of high levels of inflation
Following a four-year reign, Hong Kong (2nd) loses the top spot to New York
Expatriate pay and benefits packages in Hong Kong rose by a modest USD 3 800 in 2021, to a total of USD 283 000, a rate of growth which was amongst the lowest of all locations in Asia. This was one of the findings of the latest MyExpatriate Market Pay Survey published annually by ECA International.
Expatriate salary and benefits packages in Singapore rose by a modest 4% in 2021 in local currency terms despite the city’s fall to 22nd place in the rankings of the costliest places to employ expatriates globally. This was one of the findings of the latest MyExpatriate Market Pay Survey published annually by ECA International,
International remote working policies are a great way to attract and retain talent, but determining salaries for these arrangements is complex and difficult to get right.
In our last round-up two months ago, there were tentative signs that global inflation might have peaked. Then came Russia's attack on Ukraine.
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