International mobility
International mobility, where professional employees are required to work cross-border and remotely in order to meet corporate and client needs, is set to become even more virtual and certainly more widespread in the future. The need for an internationally mobile workforce comes as a result of sharpened competition, the pace of globalisation and the pressure to operate on a trans-national basis. Although expected to expand increasingly over the coming years, cost pressures, lifestyle choices, changing work practices and improved technology will be making changes to the
traditional nature of international mobility.
PricewaterhouseCoopers can help you to create a competitive international mobility programme aligned with your business strategy and facilitate the transactional aspects of international mobility.
International Mobility Evaluator (IME)
PricewaterhouseCoopers combines a consultative approach with technical expertise to help you create a strategic solution for international mobility.
By means of a process involving interviews with key business stakeholders, the IME looks at the different challenges for a business:
- what are the business drivers for mobility?
- what type of mobility is needed?
- how is talent managed and rewarded?
- what processes are in place to support mobility?
After consolidating the collated information with proven expertise on the subject, we, together with you, build a competitive international mobility programme that is aligned with your business strategy.
International Mobility Matrix:
The International Mobility Matrix focuses on improving the transactional aspects of international mobility. The matrix is designed to help clients deal consistently with each type of International Mobility scenario (transfer, secondment, multistate employment, commuting and business trips) and with many of the tax and legal process barriers to international mobility:
- immigration
- employment law
- payroll taxes
- social security
- company taxation and VAT
Facing International Mobility Challenges
Facilitating the worldwide mobility of skills and expertise to where they are most needed is a business priority. Maximising the value of your human capital gives you a key competitive advantage.
PricewaterhouseCoopers has clearly defined systems, processes and procedures to help you manage your international transfer issues from inception to repatriation.
- Talent Management:
- Selection:
identifying the candidates, cultural adaptability, language capability, family profiling - Performance management:
setting assignment objectives, measuring assignment performance - Succession planning:
identifying roles, retention strategies, repatriation planning
- Selection:
- Reward aspects:
- Base compensation & benefits approach:
compensation models, pension plans, healthcare schemes - Expatriate policy:
new mobility types, communication, dual careers
- Base compensation & benefits approach:
- Procedural aspects:
- Risk Management:
immigration requirements, contractual arrangements, payroll reporting - Cost Management:
social security cover (statutory and supplementary), cost containment, accruals, the tax-equalisation process - Delivery Framework:
administering the international mobility process, use of technology resources, etc.
- Risk Management:
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