Streamling the process of relocating to another country
The employee is hired/transferred to the destination country under a local employment status and severs employment ties with their home country. Pay and benefits are according to the local compensation and benefits plan.
What makes this stand out from a standard local hire or within country hire, is that the individual is coming from outside the country.
Depending on the exact benefits authorized for a cross-border relocation, it may be considered a Local Plus relocation package, for example, if a COLA is authorized.
An organization’s ability to move employees between countries quickly, compliantly, and cost-effectively with minimal upheaval to the employee contributes to the continued growth of the business.
A Cross-border/Permanent Relocation policy is developed to enable the best and brightest employees to make this permanent workplace change swift and effective and settle them in their new role and environment as efficiently as possible. International relocations are a high-cost employment arrangement for any company. They are a necessary and worthwhile investment in our employees and the future of the business. The policy details and allowances have been developed to address the specific additional costs associated with a relocation to ensure that the employee is not financially impacted by accepting the relocation.
A cross-border or permanent international relocation is when an employee accepts the offer to permanently transfer their work location to another country and physically relocates their family and home to take up this new employment. A local assessment has already taken place to source an employee locally but the specific skill set, experience, and competencies of the employee mean that they are the right choice for the relocation and can meet the immigration requirements to live and work in the destination country.
Benefits for the Origin Country:
Relocation is complex and stressful, but it doesn’t have to be! Reach out and we’ll be in touch to schedule a 15 min, no-obligation conversation to hear more about your company relocation needs.
Once they understand what’s involved, InterLink develops the best solutions for the company and the employees, minimizing stress for everyone.”
The outcome has been an excellent alignment between the company’s needs and those relocating. We are happy to be part of the InterLink ‘family’. More importantly, so do our employees”
They always went above and beyond to understand our needs to provide guidance and to find the right third parties to work with. I would highly recommend other companies to use Interlink Relocation Resources.”
Whether your current policies are years old, or you’ve never established them at all, ineffective relocation plans can dramatically hurt your business through lost income and talent.Get a Free Assessment
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