Living Conditions

EuroCost International proposes that Living Conditions should be included in the remuneration policy of every organization. This product is an essential tool when the home country and the country of expatriation present sensitive differences concerning the society, culture and security level.

Research conducted among the expat community worldwide has led EuroCost International to determine 40 basic criteria that reflect the hardship of living experienced by expats. Those 40 criteria are aggregated in 7 main groups to finally result in a living differential for each location.

These 7 criteria are:

• 1. Security
• 2. Geographical Distance
• 3. Language and cultural Barriers
• 4. Climate and natural disasters
• 5. Pollution
• 6. Hygiene and health
• 7. Life quality

Each of those criteria is assessed and weighted to determine its particular influence in the quality of life of the expats.

The living conditions can be used in conjunction with the cost of living index or can be used to calculate a premium.

They are published annually at the beginning of the year.