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Moving from St. Louis, Missouri to San Francisco, California is a big transition with many factors to consider. For your employee, it’s a move halfway across the country, new living arrangements, new friends, and a higher cost-of-living. For your organization, it is understanding the financial impact of the transfer on your employee in order to provide the right incentives as well as the cost implications of those incentives to your corporate budgets.
The Cost Comparison Report for domestic relocations provide you a detailed look at the cost differentials between two US cities. Data for 147 US cities is available. Identify the employee’s current location and the intended transfer location to understand the cost comparison across 5 main areas:
2019 Results Available
Using this data-backed approach to understanding cost-of-living differentials between two domestic locations allows you to confidently defend budget recommendations.
Need information on salaries in different locations? The Mercer Geographic Salary Differentials Tool allows you to analyze pay differentials for 200 US locations based on actual market data compiled from Mercer’s compensation surveys. Create reports and graphs on specific data in selected cities, then easily price or export those results.
Once your order is placed, a member of our customer service team will follow up with you directly to collect the following data elements needed to customize the comparison to your exact transfer situation. Please have the following information available:
Enter Origin City,State
Enter Host City,State
Note : Additional information is required to complete this custom report. Once your order is received a Client Service Representative will contact you for additional details.
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In today’s talent-demand economy candidates and employees are looking for a curated work experience that includes development opportunities such as rotational programs or relocation that will allow them the opportunity to travel and learn new skills. Even moving someone within your own country, domestically, can be dramatically beneficial to the organization and the employees. Are you leveraging the power of domestic mobility?
Discover how insights from Mercer’s latest US Geographic Salary Differential Tool can help with your compensation planning.
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