[quote=“Mr He”]that’s not a distortion.
that’s the target group they are after. people working in their own firm, on local or modified local contracts are usually not among the people they are targeting.
Also… Remember that Mercer’s COL indices are for the HR departments in MNC’s. They need the “expat” figures… Not the figures for people eating NT$50 biandangs, living in NT$20K flats, and riding a scoot.
Also… If I were a mid level manager in a Danish company being sent to Taiwan, there would be no way in hell they could get me on the plane, if I ended up living in local quality accomodation and eating cheap food, as it was what I could afford…[/quote]
I think its a total distortion. Many of the successful expats I have met in Taiwan do NOT work for MNC’s on massive packages. And many of the expats I have met that work for MNC’s are not successful at all. The rate of expat failure is huge amongst this group - be it due to language, spouse or the fact they hate the environment. So therefore, surveying only from this pool is a distortion.
The Mercer surveys are also a distortion for the same reasons. MNC’s, foreign governments etc pay well above market rates for sending their staff offshore purely because of such distortions. Real estate agents rub their hands with glee when they get a local admin assistant ringing and saying “I am from (insert foreign office/MNC here) and one of our expat staff needs an apartment…”. The price is jacked up accordingly.