How to Accurately Set the Standard of Living Index

Discover how to set the Standard of Living Index. This guide breaks down the key steps to ensure consistent and reliable results.

The Standard of Living Index is determined using the Mercer Quality of Living rankings, which vary depending on the country of residence. Since standards differ across countries, this variation is also reflected within the application.

To update the Standard od Living Index for a particular country, follow these steps: 

Image: JobPts application - Standard Of Living Index 

The first and crutial step is to add the Date and click Save .

Image: JobPts application - Standard Of Living Index -Add New

 *Note:  You can only add the current date. No past or future dates are allowed.

With the Add New option you can add new values to the ratio.

Filter for the Date option is set to the latest modification and lists the dates in descending order.

Image: JobPts application - Standard Of Living Index -Filter for the Date

Edit option is enabled only for the last modified date, with 'Cancel' and 'Save' buttons available for changes.

Image: JobPts application - Standard Of Living Index 

The Export option downloads an Excel file named 'Standard_Of_Living_Index,' containing columns for Country, Ratio, and Date."

Image: JobPts application - Standard Of Living Index- Excel file

By following these steps, you can ensure the Standard of Living Index remains accurate and up-to-date, reflecting the latest country-specific quality of living standards within the JobPts application.

If this article left your questions unanswered, please submit a Support Form, and we can clarify this topic.