WHR GLOBAL PUBLISHES REPORT TO UNDERSTAND TRUE COST OF LIVING IN CITIES

KUALA LUMPUR, July 18 (Bernama) -- WHR Global (WHR), a leader in the global employee relocation industry, has announced the release of its international Ask an Expert 2023 Allowances & Per Diems Benchmark Report.

According to a statement, WHR created the report as a comprehensive guide to understanding the true cost of living in many cities worldwide, in order to provide clients with superior relocation services.

“Drawing from my own personal experience as a former expat residing in Switzerland, and a former relocation coordinator, I bring a deep understanding of the challenges and intricacies of international relocation.

“This benchmark report and firsthand knowledge equips WHR with the ability to provide valuable insights and guidance to mobility teams, enabling them to navigate the complexities of global assignments more effectively,” said WHR Strategic Initiatives Manager, Sean Thrun.

The report includes 8.8 million price submissions from 11,000 cities, and prices benchmarked by country include rental prices for one and three bedrooms both inside and outside of city centres, common utilities costs per month, and local transportation, among others.

Understanding the ground realities of cost of living helps relocation teams create scalable solutions and helps businesses have more productive moves, making the transition for employees smoother than ever.

The report allows businesses to “check the pulse” of their allowances and per diems, whether they choose to administer fixed amounts globally, or variable by location.

Global mobility teams may use this report, which covers 99 countries, to benchmark the monthly housing, utilities and transportation allowances for assignments & commuters as well as transportation and meal per diems for preview and home finding trips.

-- BERNAMA