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North Texas Relocation Professionals

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Presented by Kay Burd, CRP. Financial Assistance Programs to Address Cost of Living ... Means to maintain the integrity of the compensation program ... – PowerPoint PPT presentation

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Title: North Texas Relocation Professionals


1
Cost of Living Information Implementation Trends
  • North Texas Relocation Professionals
  • April 19, 2007

Presented by Kay Burd, CRP
2
Financial Assistance Programs to Address Cost of
Living
  • Objective determination of fair levels of
    financial assistance to address issues related to
    higher costs
  • Means to maintain the integrity of the
    compensation program

3
Do you Coordinate the Cost of Living Program with
the Companys Compensation Strategy
  • Runzheimer International Survey Analysis of
    Employee Relocation Policies and Costs, December
    2005

4
Sample Cost-of-Living Comparison
5
Sample Cost-of-Living Comparison
6
Use of Cost of Living Information
  • Runzheimer International Survey Analysis of
    Employee Relocation Policies and Costs, December
    2005

7
COLA Eligibility
  • Runzheimer International Survey Analysis of
    Employee Relocation Policies and Costs, December
    2005

8
Percentage of Transferees Qualifying for COLA
  • Runzheimer International Survey Analysis of
    Employee Relocation Policies and Costs, December
    2005

9
Limits Placed On COLA
  • Runzheimer International Survey Analysis of
    Employee Relocation Policies and Costs, December
    2005

10
Cost of Living Allowance Payout Length
  • 3-year COLA payout (45)
  • 5-year COLA payout (5)
  • COLA payout based on differential (23)
  • Example
  • index under 20 3-yr payout (100/67/33)
  • index of 20 and greater 5-yr payout
    (100/80/60/40/20)
  • COLA paid indefinitely (17)

Runzheimer Survey Analysis of Employee
Relocation Policies and Costs, December 2005
11
Cost of Living Allowance Payout Frequency
  • Runzheimer International Survey Analysis of
    Employee Relocation Policies and Costs, December
    2005

12
To Whom Is Mortgage Assistance Paid
  • Runzheimer International Survey Analysis of
    Employee Relocation Policies and Costs, December
    2005

13
Do You Withhold at the Time Mortgage Assistance
Is Paid
  • Runzheimer International Survey Analysis of
    Employee Relocation Policies and Costs, December
    2005
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