Four essential factors to consider in managing exchange rates for your international assignments

The nature of international assignments, where employees are sent to reside/work in another country by their employer for a ‘temporary’ period only, usually means that they will retain financial commitments in their home country – or at least wish to retain any savings there.

We have produced a whitepaper on the 4 essential factors to consider in managing the issues of exchange rates for your international assignments. The whitepaper covers:

  1. How to maintain perceived equity in the calculation of the remuneration by using the home-country currency method.  
  2. How to identify the most transparent method for the management in the host country, to get a known cost, which can be matched against the budgeted cost at the start of the assignment.
  3. How to use the split-pay approach that allows the assignee the flexibility to decide the percentage of salary that will be paid in the host currency.
  4. Understanding how to use another major component of the international assignment package, the cost-of-living allowance.
Download whitepaper