Title: North Texas Relocation Professionals
1Cost of Living Information Implementation Trends
- North Texas Relocation Professionals
- April 19, 2007
Presented by Kay Burd, CRP
2Financial 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
3Do you Coordinate the Cost of Living Program with
the Companys Compensation Strategy
- Runzheimer International Survey Analysis of
Employee Relocation Policies and Costs, December
2005
4Sample Cost-of-Living Comparison
5Sample Cost-of-Living Comparison
6Use of Cost of Living Information
- Runzheimer International Survey Analysis of
Employee Relocation Policies and Costs, December
2005
7COLA Eligibility
- Runzheimer International Survey Analysis of
Employee Relocation Policies and Costs, December
2005
8Percentage of Transferees Qualifying for COLA
- Runzheimer International Survey Analysis of
Employee Relocation Policies and Costs, December
2005
9Limits Placed On COLA
- Runzheimer International Survey Analysis of
Employee Relocation Policies and Costs, December
2005
10Cost 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
11Cost of Living Allowance Payout Frequency
- Runzheimer International Survey Analysis of
Employee Relocation Policies and Costs, December
2005
12To Whom Is Mortgage Assistance Paid
- Runzheimer International Survey Analysis of
Employee Relocation Policies and Costs, December
2005
13Do You Withhold at the Time Mortgage Assistance
Is Paid
- Runzheimer International Survey Analysis of
Employee Relocation Policies and Costs, December
2005