Business Services Industry

Memo executives: try Paraguay, where the living is easy.

Australasian Business Intelligence, June, 2007

Byline: Ben Schneiders

Jun 18, 2007 (The Age - ABIX via COMTEX) -- A survey by Mercer Human Resource Consulting shows that Moscow is the most expensive city for expatriates and Asuncion the cheapest. The report, released on 18 June 2007, showed London climbing from fifth to second spot due to steep rents and a stronger pound sterling. Significantly Sydney is getting close to the benchmark city of New York, with a rating of 94.9 to New York's 100. The index is often used to set overseas pay levels for employees.

Publication Date: 19 June 2007

MERCER HUMAN RESOURCE CONSULTING PTY LTD

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