Global Mobility Policy Benchmarking
How Do Your Policies Measure Up?
Can you prove that your strategy for rewarding and managing expatriates is working? Are your policies fair compared to what your competitors are doing? Can you document what you need to get support from other decision makers?
Using the unparalleled data from the 2012 Worldwide Survey of International Assignment Policies and Practices, we will provide you with custom benchmarking consulting and assess your mobility program using an array of precise policy benchmarking tools. Then we'll give you a report that shows gaps in your policy that could be costing you money or valuable competitive advantages.
Why Benchmark?
Validate your company's competitive position:
- Help managers understand current practices and evolving market trends
- Facilitate exception management
- Build a business case for policy changes
- Improve decision making
- Define policy changes necessary to remain competitive
- Align expatriate policy with overall business objectives
- Attract and retain the right workforce
- Calibrate your market position
- Identify possible improvements and cost savings
- Learn about innovative ideas for managing a changing mobile workforce
Policy Benchmarking Options
Mercer offers two benchmarking options of your typical long-term assignment policies, Desktop Review and Comprehensive Review, as well as provides a policy review and benchmarks for seven alternative types of assignment.
We can also create a custom benchmarking package for your needs, whether you have one universal expatriate policy or segmented policies for various assignment and expatriate types.
Reviewing Your Policies for Long-Term International Assignees
(Two Options)
| |
Desktop Review |
Comprehensive Review |
| Policy Elements |
Key package elements:
- Cost of Living Allowance (COLA)
- Incentives
- Hardship
- Home and host housing
- Miscellaneous Relocation Allowance
- Home leave
- Taxes
- Dependent education
- Spousal support
|
All of the Desktop Elements, plus:
- Demographics
- Assignment drivers & barriers
- Policy design
- Program administration
- Social Security
- Location premiums
- R&R
- Security & emergency evacuation
- Utilities
- Transportation
- Airfare
- Family support
- Shipping & storage
- Repatriation
- Localization
- Compliance
|
Comparators/
Data Cuts |
Two cuts:
Optional: A custom peer cut of the WIAPP
database may be added to a Desktop review |
Three cuts:
- Regional
- Best Practices
- Custom peer cut of companies of your choice (at least 8 companies)
|
| Deliverables |
A comprehensive report covering:
- Best practices
- General market review of policy elements above, at and below market
- Mercer recommendations
- High-level best practices summary
|
A comprehensive report covering:
- Best practices
- Custom comparator review of policy elements above, at and below market
- Review of relative cost savings opportunities
- Mercer recommendations
Appendix data tables, including complete WIAPP survey results |
| |
Consultation time:
- A half-day internal fact-finding
- A half-day consulting review of Mercer findings and recommendations
|
Consultation time:
- A full-day internal fact-finding
- A full-day consulting review of Mercer findings and recommendations
- Weekly project maintenance calls
|
Assessments Based on Alternative International Assignments Scenarios
| |
Scenario-Based Assessment: Alternative Types of International Assignments |
| Alternative Types of Assignment |
Seven Options:
- Strategic assignment
- Short-term assignment
- Developmental assignment
- Intra-regional assignment
- Global nomad expatriate
- International local hire
- One-way international relocation
|
| Policy Elements |
Key package elements:
- Remuneration approach
- Cost of Living Allowance (COLA)
- Incentives
- Hardship
- Home and host housing
- Host transportation
- Miscellaneous relocation allowance
- Airfare and home leave
- Taxes
- Dependent education*
- Spousal support*
*depending on the scenario |
Comparator/
Data Cut |
Custom peer cut of the WIAPP database |
| Deliverables |
A comprehensive report covering:
- Best practices
- Custom comparator review of policy elements above, at and below market
- Mercer recommendations
- Appendix data tables, including WIAPP survey scenario results
Consultation time:
- A half-day internal fact-finding
- A half-day consulting review of Mercer findings and recommendations
- Weekly project maintenance calls
|
To request a policy review or more information, get in touch with your Mercer mobility consultant, answer a brief questionnaire about your benchmarking needs or contact our Policy Benchmarking experts:
