- Who should use Xpatulator.com®?
- Where do I start?
- What is Premium content and How do I get it?
- What information can I get / What can I use Xpatulator.com® for?
- What exactly is Cost of living (COL)?
- What is hardship?
- Who uses Xpatulator.com®?
- How can I get a free report?
- Having problems Logging in?
- What are the 13 Different Cost of Living Baskets?
- What do each of the 13 different cost of living basket consist of?
- Is tax part of the calculators?
- How do you take into account varying tax rates between different cities?
- What role does the exchange rate play?
- How do I run the Salary Purchasing Power Parity calculator to get a report?
- How do I run the Cost of Living Allowance calculator to get a report?
- How do I run the Cost of Living Index calculator to get a report?
- How do I run the International Assignment Management calculator to get a report?
- Why is the cost of living index (COLI) different in every location?
- How do the Xpatulator.com® calculators work?
- If I add up the cost of living differences for each basket group, it does not add up to the overall cost of living difference. Why is that?
- Does the Cost of Living Allowance analysis take into account differing levels of compensation ex-pats will receive?
- How do you determine how much salary will be exposed to the cost of living difference (i.e., the amount of spendable salary)?
- Can I rerun my report without paying again?
- Can I change the criteria I selected for my report after running it?
- Can I save my report?
- How can I have the report sent to my email address?
- I keep getting the same error message: Authorization Failed
- Where do we get our information from?
- How often is the information updated?
- What is the methodology used for the cost of living index data?
- How do I subscribe?
- How do I purchase a report?
- What do I do if I have a 2Checkout problem?
DATA COLLECTION AND METHODOLOGY
How do I run the Cost of Living Allowance calculator to get a report?
1) Login using your username and password
2) Check that you have purchased locations
3) Select "Calculators" from the menu
4) Choose the Cost of Living Allowance Calculator (COLA): The COLA report calculates how much additional allowance (over and above your current salary) you need to earn in another location to compensate for a higher cost of living, hardship and the exchange rate, in order to have the same relative spending power and as a result have a similar standard of living as you have in your current location.
The calculator will prompt you for the following inputs:
1) Reference Information: Give your report a reference name and then include the name of the individual for whom you are running the report. This will help you identify your reports for future reference.
2) Locations: Select the location that is being relocated FROM (Home) and the location that is being relocated TO (Host).
3) Cost Allocations: Select the basket costs that will be paid for by the employee from his own salary (column on right) and what will be provided for by the employer or state, for the employee (column on left). Basket costs that are provided for by the employer, are not included in the cost of living calculation. The default is that all basket costs will be paid for by the employee from their own salary unless otherwise specified. Note: There is no point in selecting that all costs are provided for the employee by the employer, as then theoretically the employee would not need to earn a salary.
4) Currency Details: Enter the appropriate currency. You can choose any currency, it does not have to be the currency of the selected locations. Enter the salary amount in the current location, used to pay for the items indicated above as "Paid from Salary". This is used as the basis of the calculation. You can choose the salary you wish to use as the basis for the calculation. For example depending on your salary structure you may choose to use Basic Salary, Base Salary, Guaranteed Cash, Total Cash, Total Remuneration or any other structure.
Note: We do not have tax tables within the calculator. We therefore recommend using net salary (i.e. after tax) as the basis for the calculation. This will provide you with the equivalent net salary in the “moving to location”. You can then apply tax to the equivalent net salary, if any tax is applicable.
5) Run Report: When you are sure that all your selection criteria are correct, click on run report.
You can re-run your reports for each location purchased for the time period purchased, either seven days or an annual subscription.