This engaging and interactive session explored the increasing integration between immigration, tax and payroll due to the impact of global immigration trends on global mobility programs.
Our Panel of Speakers included:
· Fiona Webb, Fiona Webb, Immigration Partner, Deloitte Global Employer Services
· Kumar Krishnasamy, Global Mobility Tax Partner, Deloitte Global Employer Services
· Steve Batrouney, Employment Taxes Partner, Deloitte Global Employer Services
· Rick Verhage, Global Mobility Manager, AECOM Australia Pty Ltd
Our experienced panel discussed:
• global immigration trends, including key topics in Australia, UK, and Europe
• how global trends are impacting global mobility programs
• the increasing integration between immigration, tax and payroll
• how technology can be leveraged to ensure process efficiencies a
Trend 1: Mobility is expanding necessitating in the development of multiple assignment types
Worryingly (comparison results of Deloitte’s Human Capital Trends surveys for 2017 to 2018) there seemed to be less willingness to move by employees as well as a lack of structured talent management programs, rising mobility costs and a decline in availability of the right employees when compared to 2017.
Trend 2: Mobility is humanising
Or rather needs to humanise to overcome these barriers that are becoming apparent. Designing the program around the employee experience, more personalised.
Trend 3: Mobility is digitising
Changes in Australian Immigration Regulations were shared.
• Mandatory Labour Market Testing
• Short Term v Medium/Long-Term Occupation Lists
• PR Pathway affected
• Skilling Australian Fund – High cost to Companies to sponsor overseas employees
• Mandatory 2 year work experience (Intention to get job-ready employees in Australia and not fresh graduates)
Risks around the increasing integration between immigration, tax and payroll were discussed. That technological advances were central to these increasing risk, and technology can be used to minimise them as well. There is a need to educate employees and those in the C suite regarding the longterm ramifications of these risks to the individual and the organisation.