cities, Cordova says, inflation is impacting prices in some places more than others while rental housing costs are shifting. In addition to cost of living data, Mercer said in a statement that its employee mobility research shows the war in Ukraine, exchange rate variations and inflation are shrinking workers’ pay and savings.
He says some employers are saying “okay, well, it would be helpful to understand where my employees can get the most bang for their buck.” “One of the big things that happened as a result of the pandemic is that people woke up-and employers also woke up-and realized you can work from anywhere," says Vince Cordova, a partner at Mercer’s CareerPractice group.
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