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ORC
Compensation » Expatriate Management,
Data, and Compensation » Expatriate
Compensation Data
National Expenditure Profiles (NEPs)
An NEP provides data on how consumers spend income in the home
country. ORC develops an NEP for every home
country in the ORC international compensation matrix. The profiles
show, for varying salary levels and family sizes, how local nationals
dispose of income across four major categories: goods and services;
housing (shelter and utilities); income taxes (including social
security); and the remainder, often called reserve or savings,
but also including some miscellaneous expenditures.
The data are presented in three tables:
- The Goods and Services Spendable Income table
indicates the typical amounts spent on goods and services according
to salary level and family size (i.e., home-country spendable
income). The following categories are included in spendable income:
food at home, food away from home, clothing, furnishings and
household operation, medical care, personal care, tobacco and
alcohol, recreation, transportation, and domestic service.
- The Housing Norms table provides housing norms,
or the average combined expenditures for shelter and utilities
by salary level, distinguishing between households of single
persons and those of families of two or more persons. The shelter
component consists of expenses for a primary dwelling, taking
into account expenditures for both renters and owners: rent (plus
utilities if included in rent) and any repairs charged to renters,
mortgage interest, property taxes, insurance, maintenance, and
repairs. The repayment of mortgage principal is a form of savings
and, as such, is excluded. Utilities consist of expenditures
for fuel and light, as well as power for heating, air-conditioning,
cooking, and operating home appliances.
- The Hypothetical Taxes and Social Security Contributions table
consists of hypothetical income taxes calculated according to
salary level and family size. Social security contributions are
available by salary level only, as the contribution does not
normally vary with the number of persons in the family.
For more information, contact one of our worldwide
offices or e-mail International
Compensation Services. |
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