Successfully sending employees to work abroad for months or years at a time, perhaps with their families, requires relocation or Global Mobility services. The process has to be carefully managed, and tax, Social Security and immigration rules need to be complied with.
To discuss this, Sarah Lockett from 'The Business Debate' interviewed Alan Bentley, Managing Director of IPM Global Mobility.
Watching the interview will give you helpful insights and advice on why the process of sending employees to work abroad can be a real minefield. The interview covers the important every day challenges companies face, and explains:
- The complications of sending an employee to work abroad because of the different tax regimes in each country, social security, entry/immigration requirements and how the whole process is a hassle for those who don't manage this every day.
- How to decide whether to send someone to work in an overseas office for a year as opposed to employing someone locally as this has a lot of variables.
- The unseen costs involved in sending an employee abroad for an extended period of time, and why Companies like IPM Global Mobility get involved.
- The main reason why most relocations fail because the assignee's family doesn't settle.
- How HR departments are sometimes not kept in the loop on the Company's Corporate and Global Mobility strategy.
- What the penalties are for non-compliance in terms of financial costs and corporate reputation.
- How embedded IPM Global Mobility can become in a Client company, and the extent of the services delivered even after the assignee lands at their destination.
We hope you enjoy the interview!
IPM makes it easy to send your Employees overseas. This is our purpose.
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