From the annual survey conducted by ECA International. Their research is used by companies worldwide in assisting employees working overseas.
From today’s Straits Times article:
“ECA recommends that companies do not need to pay any ‘hardship’ allowances to their workers assigned to Singapore. This allowance, which can comprise up to 30 per cent of an expat’s salary, is paid to workers in countries where the standard of living is lower than in their home base.”
I post this blog entry because every time I talk about how Singapore is a great place to live, locals tend to look at me like I’m on crack.
(Note – while I do believe it’s a great place to live, the increasing costs are getting out of hand)