A New Approach to Expatriate Pay in 2009

Too Much: The expatriate experiences short-term upside, as a result of a change in the exchange rate. A fall in the value of the host country currency against the home country currency, without an increase in the prices of goods and services in the host country, results in the expatriate having increased purchasing power. It may appear for a while that all is well. The expatriate has an unexpected windfall. A wise expatriate will save this windfall knowing that the situation will not be permanent. Either the exchange rate will adjust back to where it was or prices and inflation will begin to increase until economic equilibrium is achieved. The reality is, that in the short-term the employer will be faced with increased overall salary costs, and will eventually have to deal with disappointed expatriates when the trend inevitably reverses itself and their purchasing power drops again to realistic levels. Read More...

LESSONS OF LIFE . . .

I feared being alone
Until I learned to like Myself .

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I feared failure
Until I realized that I only Fail when I don't try .

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I feared success
Until I realized That I had to try In order to be happy With myself.

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I feared people's opinions
Until I learned that People would have opinions About me anyway.

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I feared rejection
Until I learned to Have faith in myself.

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I feared pain
Until I learned that it's necessary For growth .

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I feared the truth
Until I saw the Ugliness in lies.

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I feared life
Until I experienced Its beauty.

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I feared death
Until I realized that it's Not an end, but a beginning.

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I feared my destiny,
Until I realized that I had the power to change My life.

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I feared hate
Until I saw that it Was nothing more than Ignorance.

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I feared love
Until it touched my heart, Making the darkness fade Into endless sunny days.

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I feared ridicule
Until I learned how To laugh at myself.

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I feared growing old
Until I realized that I gained wisdom every day.

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I feared the future
Until I realized that Life just kept getting Better.

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I feared the past
Until I realized that It could no longer hurt me .

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I feared the dark
Until I saw the beauty Of the starlight.

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I feared the light
Until I learned that the Truth would give me Strength.

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I feared change,
Until I saw that Even the most beautiful butterfly Had to undergo a metamorphosis before it could fly .