living room trends

The objective of expatriate pay programs is to ensure that employee spending power and standard of living is maintained irrespective of global location. How to achieve this has been an issue many organizations spend considerable time on.
Exchange rates are volatile as they are based on short-term factors and are subject to substantial distortions from speculative movements, economic outlook and government interventions. In the short term, exchange rates, even when averaged over a period of time such as a year, are not a good measure of the comparative value of a salary in relation to its comparative international purchasing power. In the short to medium term at least, apparent changes in the comparative level of remuneration between one country and another may be principally a function of changes in the exchange rate.