WHR Global Releases Ask an Expert 2023 Allowances & Per Diems Benchmark Report

WHR Global Shapes Clients’ Policies to Ensure Benefits Offerings Are Competitive in the Market

MILWAUKEE, July 17, 2023 (GLOBE NEWSWIRE) — WHR Global (WHR), a leader in the global employee relocation industry, announced the release of its international 2023 Allowances & Per Diems Benchmark Report called “Ask an Expert!”

At WHR, our mission is to provide clients with superior relocation services, and to do so, we need to be in tune with the global cost of living. To accomplish this, we created the Ask an Expert 2023 Allowances & Per Diems Benchmark Report, a comprehensive guide to understanding the true cost of living, not just in one city, but in many cities worldwide.

“Drawing from my own personal experience as a former expat residing in Switzerland, and a former relocation coordinator, I bring a deep understanding of the challenges and intricacies of international relocation,” said Sean Thrun, Strategic Initiatives Manager at WHR. “This benchmark report and firsthand knowledge equips WHR with the ability to provide valuable insights and guidance to mobility teams, enabling them to navigate the complexities of global assignments more effectively.”

The Report includes 8.8 million price submissions from 11,000 cities, and prices benchmarked by country include rental prices for 1 & 3 bedrooms both inside and outside of city centers, common utilities costs per month, local transportation, and more. Understanding the ground realities of cost of living helps relocation teams create scalable solutions and helps businesses have more productive moves, making the transition for employees smoother than ever.

The Report allows businesses to “check the pulse” of their allowances and per diems, whether they choose to administer fixed amounts globally, or variable by location. If global mobility teams find that the allowances and per diems offered to their employees are lower than the average for that country, contact WHR today for a free consultation, including a breakdown of the benchmark report by city.

Global mobility teams may use this Report, which covers 99 countries, to benchmark the following:

  • Monthly housing allowances for assignments & commuters,
  • Monthly utilities allowances for assignments & commuters,
  • Monthly transportation allowances for assignments & commuters,
  • Transportation per diems for preview and home finding trips, and
  • Meal per diems for preview and home finding trips.

Whether you are a relocation manager or a business leader, investing in the Ask an Expert 2023 Allowances & Per Diems Benchmark Report today can help you make the most informed decisions for your relocation budget and employee benefits policies.

See more data and download the complete 2023 Allowances & Per Diems Benchmark Report “Ask an Expert” here.

The Ask an Expert 2023 Allowances & Per Diems Benchmark is intended for informational purposes only.

About WHR Global

WHR Global (WHR) is a private, client-driven global relocation management company distinguished by its best-in-class service delivery and cutting-edge, proprietary technology. WHR has offices in the United States, Switzerland, and Singapore. With its 100% client retention rate for the past decade, WHR continues to position itself as the trusted leader in global employee relocation. WHR lives by its vision and passion for Advancing Lives Forward® and Making the Complex Simple. To learn more about WHR, visit https://www.whrg.com/, or follow on LinkedIn or Twitter.

Contact:
Sean Thrun, Strategic Initiatives Manager
+1-262-746-1314
Sean.Thrun@whrg.com

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Bybit VIPs to Embark on an Unforgettable Journey at the Lamborghini Super Trofeo Asia 2023

DUBAI, UNITED ARAB EMIRATES – Media OutReach – 17 July 2023 – Bybit, the world’s third most visited crypto exchange and sponsor of the Safehouse team, is excited to host eight specially selected users as VIPs at the upcoming Lamborghini Super Trofeo Asia 2023 Race, taking place from July 14 to 16.

Bybit announced its sponsorship of the Safehouse team for the high-octane Lamborghini Super Trofeo Asia this year, helping bring the thunderous roar of Lamborghini engines to the prestigious circuits of Asia. From the iconic Suzuka Circuit to the majestic Fuji Speedway in Japan, each track presents unique challenges that demand the utmost skill and courage from the drivers.

Bybit’s unwavering dedication to the exponential opportunities of the crypto market shines through as they empower the Safehouse Team to push their limits and reach new heights in the fiercely competitive world of motorsport. This sponsorship strengthens the bond between trading and racing, and cements Bybit’s commitment to fueling the passion and ambition that drive both these high-precision worlds.

Indeed, Bybit’s clients and traders know that accuracy, focus, and a relentless drive are essential for success. Now, at the Super Trofeo, this powerful connection is being highlighted for racing fans all over the world.

“I’m stoked to offer our users the exclusive opportunity to attend the Lamborghini Super Trofeo Asia 2023 Race,” said Ben Zhou, co-founder and CEO of Bybit. “It’s an honor to contribute to this high-profile event and witness the incredible ingenuity of the Lamborghini motorsports and passionate team members. Their dedication to innovation reflects our attitude at Bybit where we are building the world’s Crypto Ark and democratizing the opportunity to invest in Web3.”

As the global crypto revolution continues to gain momentum, Bybit’s sponsorship of the Safehouse team is supporting the team’s quest to take their game to the next level and achieve greatness in the highly competitive world of motorsport.

More From Bybit

#Bybit / #TheCryptoArk

About Bybit
Bybit is a cryptocurrency exchange established in 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions, the Oracle Red Bull Racing team, esports teams NAVI, Astralis, Alliance, Made in Brazil (MIBR), and Oracle Red Bull Racing Esports.
For more information please visit: https://www.bybit.com
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For media inquiries, please contact: press@bybit.com

ISSF invests $2mln in Oryx Fund

Innovative Startups and SMEs Fund (ISSF) announced its $2 million investment in Oryx Fund of Hambro Perks, aimed at enhancing Jordan’s startup environment and driving its technological innovation. According to an ISSF statement on Monday, the partnership aims to open opportunities for local entrepreneurs and support startups operating in key sectors of financial technology, health, service technology, B2B business ventures, logistics, and educational technology. Mohammed Muhtaseb, ISSF CEO, said the investment strengthens ISSF’s “important” role in providing capital for start-ups in Jordan through “strategic” partnerships with international investment funds, such as Hambro Perks, which has the expertise and capability to develop companies, open new markets for their exports and contribute to developing the Kingdom’s entrepreneurial environment. “We are excited to be actively involved in transforming Jordan’s digital economy,” said partner of Hambro Perks, Ali Qaiser, noting that Jordan’s community of evolving tech pioneers makes the perfect foundation for a venture capital ecosystem. Qisaer added that Oryx Fund team has been “carefully” watching Jordan’s continued success and has already made “notable” technology investments in the Kingdom. “We look forward to working with ISSF and continuing to contribute to growth of Jordan’s technology sector,” he said.

Source: Jordan News Agency

Abdullah bin Zayed receives Tunisian FM

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, today received Nabil Ammar, Tunisia’s Minister for Foreign Affairs, Migration and Tunisians Abroad, in Abu Dhabi.

The meeting discussed ways to strengthen UAE-Tunisia ties and cooperation across economic, trade and investment fields.

Sheikh Abdullah underscored the deep-rooted relations between their countries, and affirmed that the UAE stands by the Tunisian government and people, and the keenness of both countries to boost efforts to expand their collaborations in all sectors.

The top diplomat also wished Tunisia and its people continued stability and prosperity.

For his part, the Tunisian Minister for Foreign Affairs, Migration and Tunisians Abroad said that his country looks forward to growing its cooperation with the UAE.

The meeting was attended by Mohamed Hassan Al Suwaidi, Minister of Investment.

Source: Ministry of Foreign Affairs and International Cooperation

Mohammed bin Rashid issues directives to promote 8,385 high-ranking officers, non-commissioned officers and other officials

DUBAI, 17th July, 2023 (WAM) — His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has issued directives to promote 8,385 high-ranking officers, non-commissioned officers and other officials from Dubai Police, the State Security Department in Dubai, the General Directorate of Residency and Foreigners Affairs in Dubai, and the General Directorate of Civil Defence in Dubai. The promotions were granted in recognition of their significant contributions to enhancing the performance of the security system in the emirate and fostering the highest levels of security and safety for all members of society, including citizens, residents and visitors. A total of 5,680 members of the Dubai Police force and 535 personnel from the General Directorate of Civil Defence in Dubai received promotions. Promotions were also granted to 1,249 employees of the General Directorate of Residency and Foreigners Affairs in Dubai, as well as 921 members of the State Security Department in Dubai. Lieutenant-General Dhahi Khalfan Tamim, Deputy Chief of Police and General Security in Dubai, extended his heartfelt appreciation and gratitude to His Highness Sheikh Mohammed bin Rashid Al Maktoum. His Highness’s vision for the city’s development has played an instrumental role in the exceptional performance of Dubai’s security system, he said. Furthermore, Lieutenant General Dhahi Khalfan Tamim highlighted the commitment of all security personnel in strengthening Dubai’s status as one of the world’s safest and most secure cities. Under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, the country places the highest priority on enhancing the safety and security of all people, he added. The Deputy Chief of Police and General Security in Dubai also highlighted that the promotions would serve as a significant incentive for those who have been promoted, fostering greater dedication in carrying out their duties in effectively addressing various risks and challenges. He extended his congratulations to those who received promotions and wished them the best as they continue their vital role in safeguarding the community and the nation.

Source: Emirates News Agency (WAM)

UAE ranks first regionally for second consecutive year in UNIDO’s Competitive Industrial Performance Index

ABU DHABI, 17th July, 2023 (WAM) — The UAE has been ranked first in the Arab region and 29th globally in UNIDO’s Competitive Industrial Performance Index (CIP), climbing two spots from last year’s index. The CIP, which ranks 153 countries, assesses national industrial performance in the global economy, benchmarking the ability of countries to produce and export competitively. This index gauges and compares the strength of industrial competitiveness within countries. It is based on indicators including technological capabilities, innovation, productivity, and trade performance. The UAE has remained in the CIP’s top quintile, reflecting its position as a regional and global player in the industrial sector. Under the CIP, the UAE climbed from 124 to 115 in Industrial Export Quality, 98 to 95 in Share of Manufacturing Value Added in GDP, 110 to 97 in Share of Manufacturing Exports in Total Exports and 17 to 14 in Manufacturing Export per Capita indices. Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, said, “The UAE leadership’s vision and directives have laid solid foundations to achieve sustainable economic development. The country has made qualitative leaps in industrial development and has been able to strengthen its strategic position as it moves towards achieving its industrial goals through a set of competitive advantages that enhance its position as a global hub for manufacturing and innovation. “The recent UNIDO ranking confirms the UAE’s leadership in industry and advanced technology and highlights the country’s industrial trajectory. It also reflects MoIAT’s commitment to stimulating sustainable industrial growth and enhancing investment attractiveness as well as regional and international competitiveness through deploying advanced technologies and solutions of the Fourth Industrial Revolution.” Dr. Al Jaber emphasised the ministry’s keenness to enhance the competitiveness of the national industrial sector in line with the objectives of Operation 300bn. Since its inception in 2020, the ministry has implemented strategies, policies, initiatives and programmes that have contributed to the development of the sector. These include Make it in the Emirates, the National ICV Program and the Technology Transformation Program, which have contributed to enhancing the enablers and incentives offered by the industrial sector to local and international investors. They have also contributed to empowering national talents and developing their technical competencies and skills, enhancing supply chain resilience, and motivating national and international companies to enter partnerships to manufacture quality products in the UAE. These initiatives are largely responsible for the UAE ranking first in the region in UNIDO’s index for two years running, while climbing to 29th globally in competitive industrial performance and rising 9 places in the quality of industrial exports index. Dr. Al Jaber added, “The UAE’s announcement to reduce carbon emissions by 40 percent by 2030, in the third update of the second edition of the Nationally Determined Contributions report, underlines our leading model for building a sustainable future. The industrial sector is critical to achieving these sustainability goals. We remain committed to enhancing the competitiveness of the national industrial sector, as well as its attractiveness to investors, through focusing on expanding the use of advanced technology, entrepreneurship, and investing in sustainable future industries in line with our net zero by 2050 commitment.” Hanan Mansour Ahli, Managing Director of the Federal Competitiveness and Statistics Centre, said, “The UNIDO ranking builds on significant strides made by the UAE across several global competitiveness reports. It reflects the government’s commitment to strengthening the UAE’s position as one of the most advanced nations, and recognizes the ministry’s efforts – as well as those of its strategic partners – to drive sustainable development.” She added, “The UAE holds the top ranking in 152 competitiveness indices globally and is among the top 10 in 425 competitive indices. These rankings are based on the Federal Competitiveness and Statistics Centre’s analysis of 1,502 indices published by the United Nations and other international organisations.” MoIAT’s various initiatives have helped enhance the industrial sector’s efficiency and competitiveness, demonstrating the ability of UAE industries to compete globally. This has been underlined by the increasing contribution made by industry to GDP. The sector contributed AED 180 billion last year. Additionally, these programs have significantly boosted the UEA’s non-oil industrial exports, estimated to have reached more than AED 170 billion in 2022. One of the main drivers of industrial growth is the National In-Country Value Program. In 2022, six new entities joined the program. The programme redirected AED 53 billion into the economy in 2022, a 25 percent increase from 2021, while helping to provide jobs for almost 2,000 UAE nationals. Another key factor in the country’s industrial development in 2022 was the Technology Transformation Program (TTP). The programme aims to boost exports of technological products by around AED 15 billion a year. The programme will add AED 110 billion to GDP annually and drive AED 11 billion in technology investments. By automating the industrial sector, the programme will also help to increase industrial productivity by AED 15 billion annually.

Source: Emirates News Agency (WAM)