An International Assignment Policy demonstrates the importance of international assignments to your company’s business strategy and should follow your HR philosophy. Its existence
- Reduces or eliminates package negotiation
- Ensures all assignees are treated fairly
- Establishes a cost expectation
- Implies approval to services described
- Guides administrators in the coordination process
- Shows forethought to this complicated process
- Outlines the assignment preparation management finds important
- Communicates clearly the program structure
- Reassures potential assignees of the expected company treatment
Customization is available based on assignment type, business objectives and/or employee level.
Review and benchmark of your policy is available according to specifications such as industry standard or geographical location.
A tax equalization policy is also necessary for programs using the balance sheet approach.