Cost-of-Living Comparisons: Relocating from Austin

by Marillyn Tefft, Senior Researcher 30. December 2013 13:52
In our latest cost-of-living comparison using data from ERI’s Relocation Assessor, we examine a professional relocating from Austin, TX to three other U.S. locations. The analyses are meant as one-to-one comparisons based on replicating a typical professional lifestyle with annual earnings of $125,000 in Austin. In addition to the total cost-of-living comparisons, we’ve provided differentials for each of the major expenditure pattern components: consumables, transportation, health services, housing, and taxes.
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Local Housing Data is a Must in Accurate Cost of Living Differentials

by Marillyn Tefft, Senior Researcher 30. December 2013 13:10
For most locations, housing is the largest and most variable expenditure component for calculating cost of living (COL). It is important for HR and mobility professionals to understand the differences and nuances in housing data. Many sources provide valuable aggregate housing data for Metropolitan Statistical Area (MSA) level housing prices; however, more granular data are often required for accurate COL analyses.
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Nonprofit CEO Compensation in Massachusetts – Too High or Not?

by Linda M. Lampkin, Senior Nonprofit Compensation Specialist 30. December 2013 12:51
Massachusetts Attorney General Martha Coakley released a December report on nonprofit executive compensation highlighting some high salaries, particularly in the health and education fields. The report states, “While CEOs at for-profit companies have commanded the highest compensation packages, CEO compensation at public charities has also increased. In fact, high executive compensation at public charities frequently leads to greater levels of concern, because of the view that large compensation packages take money away from charitable missions. They can also negatively affect the perception of the charities with employees, donors and other constituencies, as well as with the general public. At the same time, the largest public charities are complex organizations in their own right, and demand a level of executive ability that is at least commensurate with that complexity.“
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