Well-padded expats

first_img Comments are closed. Someexpats still receive hardship allowances from their employers, as well as perksfor a comfortable lifestyle such as larger houses and school fees for thosewith children. Single men and women should drive a hard bargain for equalbenefits, writes Ed PetersOneof the best-selling humorous books in Asia at present is Hardship Posting, acollection of true anecdotes about expatriate life in the Far East. The bookdraws its title from a contributor in Bangkok who took his boss from London onan evening out on the town After dining extremely well, they moved on to someof the more lively bars where the carousing didn’t stop until the early hours.Finally bidding his boss farewell, the executive suddenly remembered animportant point he had not mentioned during the previous day’s businessdiscussion, “By the way, I forgot to talk to you about increasing thehardship allowance,” he breezed.Itmay sound incredible but it is nevertheless strictly true that some expats inthe upper echelons of Asian business circles still qualify for what is, in nameat least, a hardship allowance, even those living in modern cities such as HongKong or Singapore. Whileit supposedly compensates for the loss of home comforts, anybody drawing it isgoing to be enjoying a reasonably comfortable lifestyle in the first place. Atypical package for a well-placed financier, for example, would includehousing, probably in an apartment block with pool and gym attached, furnishingof the housing, one or more club memberships, tickets home two or three times ayear, travelling in business class at the very least, generousno-serious-questions-asked expense accounts and maybe even local taxes pre-paidinto the bargain. Addto this an even larger house and school fees taken care of if the expat happensto be married with children. Which means single men and women should be able todrive a fairly hard bargain themselves when it comes to negotiating their package,if the shortlist includes other candidates who come with spouse and childrenattached.Oncethe expat is in place, HR departments usually make every effort to keep him orher happy. Confronted with an outsize bouquet of flowers on moving into herflat in Hong Kong, a newly arrived executive for Marks & Spencer rang upthe HR director to ask what she had done to deserve them. Reading between thelines of the answer, basically the company had spent such a lot of moneyinstalling her, the price of three-dozen roses was a drop in the ocean. Ofcourse, it is not solely expats who are being tempted with well-paddedpackages, although their benefits do have a corresponding effect on local payand conditions. Generally,the larger corporations in Asia Pacific tend to go for a”catch-them-young” strategy, aiming to talent spot at an early ageand draw them into a corporate family.”Weconcentrate very much on graduate recruitment,” says Lyanna Chan ofPricewaterhouseCoopers in Hong Kong. “In general we have an acceptancerate of 80 per cent and we have training programmes in place to help staff withtheir professional exams. As a result, our pass rate is double the average inHong Kong.”Oncethe golden handshake has been proffered, most companies also seek to delicatelyaffix a set of golden handcuffs to capitalise on their investment in personnel.”Wemake sure we pay a premium to top performers, and the very best of them arerewarded with a partnership, while we also structure pay to make it taxefficient,” says Chan.PricewaterhouseCoopersalso allows its staff flexible working hours, providing extra support at undulybusy times so employees can strike an appropriate balance between home andoffice. More recently, some employees have also qualified for educationallowances.Whilesome employees will always be tempted to jump ship when better pay andconditions are offered, there is a tendency in Asia Pacific to stick with acompany you know.MalcolmLeung, an American passport holder of Chinese descent, who has worked in HR inThailand, the Philippines and Hong Kong, notes that in general rewardingworkers in the region generously keeps staff wastage to a minimum.”Therewas a time in Hong Kong when everybody would move on the moment they got theiryear-end bonus – it was like the Mad Hatter’s Tea Party as they all shiftedround a place,” he said. “Then companies got smart and started payingbetter wages over the whole year, rather than dangling a lump sum at the end.Another major factor is that Asians respond very well to teambuilding, and ifeveryone in the company is enjoying similar benefits, be they cash bonuses orother perks, then there is a marked reluctance to leave unless there’s a reallygood reason.”Whileexpatriates in Asia Pacific continue to enjoy some of the best remuneration,they are an increasingly rare breed. The future is likely to see more graduatesfrom the region climbing up the ladder, trained and assisted by the companywhich talent-spotted them fresh out of college.Furtherinformationwww.towersperrin.comwww.deloittetouche.comwww.wmmercer.com Previous Article Next Article Related posts:No related photos. Well-padded expatsOn 1 Dec 2001 in Personnel Todaylast_img read more

Press release: Boris Johnson: US Human Rights Council withdrawal is regrettable

first_img Follow the Foreign Office on Instagram, YouTube and LinkedIn Foreign Secretary Boris Johnson said: Further information Media enquiries Email [email protected] The United States’ decision to withdraw from the Human Rights Council is regrettable. We’ve made no secret of the fact that the UK wants to see reform of the Human Rights Council, but we are committed to working to strengthen the Council from within. Britain’s support for the Human Rights Council remains steadfast. It is the best tool the international community has to address impunity in an imperfect world and to advance many of our international goals. That’s why we will continue to support and champion it. Follow the Foreign Office on Twitter @foreignoffice and Facebook For journalists Follow the Foreign Secretary on Twitter @BorisJohnson and Facebooklast_img read more

Sunny forecast for auctions despite deluge

first_img64 Clarence Dr, Helensvale is in the award-winning River Downs estate. It will go under the hammer at 1pm.It follows a lacklustre clearance rate over the past week — CoreLogic data reported a 36.8 per cent clearance rate on the Coast, with 14 cleared auctions out of 38 auction results The Currumbin Valley home has five bedrooms.A barn, two paddocks and stables remain on the property. 19 King Arthurs Crt, Sovereign Islands is in a point position. 9a Bourke Lodge Dr, Currumbin Valley. The modern ranch-style residence is described as a “horse lovers dream” and was historically a well-known racing stable residence and still remains decked out for equine enthusiasts.The house features open plan living, a patio with spectacular sunset views and a separate timber veranda. There’s a mix of formal and informal living areas. More from news02:37International architect Desmond Brooks selling luxury beach villa19 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoIt overlooks the iconic valley. Also on Saturday, a stunning family residence at Helensvale will go to auction at 2.30pm. The six-bedroom, four-bathroom house features extensive glass, stone and marble with a Florida room housing a pool taking centre stage. 100-102 Regatta Pde, Southport is on a double block. It is located in the TSS precinct. 100-102 Regatta Pde offers spectacular east facing river views, a riverfront swimming pool and north facing landscaped gardens. Having just undergone a rebuild, the home features generous living spaces and quality fixtures and fittings. On Sunday, eight properties are currently listed for auction, including a family residence at Sovereign Islands. The house has six bedrooms and a parents retreat, with views of Surfers Paradise skyline from both inside the home or direct from the pool. 9a Bourke Lodge Dr, Currumbin Valley will go to auction on Saturday at 1pm.LOCAL real estate agents are confident that this weekend’s auctions won’t be dampened, as the Coast cops a drenching.The Bureau of Meteorology says up to 175mm, or more than an average month’s worth of rain, will fall over a four-day period until Sunday. Craig Buckley of Ray White Broadbeach said he has a wet weather plan for tomorrow’s auction of 9A Bourke Lodge Drive, Currumbin Valley.“The house is very big, so we have a large indoor and outdoor area to use — the rain shouldn’t hinder it,” Mr Buckley said.“At this stage we’ve had about 40 groups through so far to date and should have three registered bidders, and a number of conditional parties.” The Florida room and pool.The property also boasts a separate media and games building, a granny flat, basketball court and fully equipped hairdressing salon. Saturday is a full auction day — a waterfront property at Southport is also scheduled to go under the hammer.last_img read more

Bulldogs Soccer Season Comes To An End

first_imgThe Batesville Bulldogs Boys Soccer team’s season has wrapped up with a 1-0 loss to The South Dearborn Knights in the Opening Round of the Class 2A Sectionals at The Dog Pound.The Knights will take on The Jennings County Panthers in Game 2 on Wednesday Night after the conclusion of The East Central vs. Greensburg game.Courtesy of the IHSAA.last_img

The Latest: Hugo Lloris says health has priority over soccer

first_imgThe Latest: Hugo Lloris says health has priority over soccer Associated Press ___The governing body of field hockey says it has extended the international Pro League seasons by one year to run through June 2021.The nine men’s and nine women’s national teams were scheduled to play January-to-June annually.Games in the 2020 season were stopped because of the coronavirus pandemic. Germany has yet to play in the women’s competition while leader Argentina has played eight of its 16 games.The International Hockey Federation says the new time frame gives it the best chance “to deliver on broadcast and commercial partner agreements.” Talks are ongoing in leagues around the world as to when the season can restart. South Korea’s K-League will kick off on May 8 in empty stadiums. The Bundesliga in Germany is discussing playing again on May 9.Lloris says “there’s so much at stake financially for clubs … But above all of that there is health.”Lloris plays for Tottenham in the Premier League. The team has nine matches remaining this season.Lloris says in an interview with Le Parisien newspaper that “if we have to finish the league without fans then we will.”But the World Cup champion adds that “soccer remains totally secondary given the current situation.” Share This StoryFacebookTwitteremailPrintLinkedinRedditThe Latest on the effects of the coronavirus outbreak on sports around the world:___France goalkeeper Hugo Lloris says resuming soccer leagues should not come at the expense of people’s health amid the coronavirus pandemic.center_img The ECB says the international season in England will now be played from July to the end of September. The three-test series against the West Indies that was due to start on June 4 has been postponed.ECB chief executive Tom Harrison says his organization is following advice from the government and health experts and that “our plan is to reschedule international matches as late as possible in the season to give the best chance of play.”___More AP sports: https://apnews.com/apf-sports and https://twitter.com/AP_Sports,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 April 24, 2020 The subsequent season will run from September 2021 to the following June.___England will try to reschedule its test series with the West Indies after announcing there will be no professional cricket played in the country until July 1 at the earliest because of the coronavirus pandemic.The inaugural season of The Hundred is due to start on July 17 and has not yet been canceled. The England and Wales Cricket Board has arranged a meeting for next week to discuss whether it can go ahead.No domestic competitions have been scrapped for this year.last_img read more