While lump sums have been common in domestic programs for some time, more organizations are discussing whether it is a viable option for international mobility programs.
Companies are looking to add more flexibility to their mobility programs, with the ultimate goal of maximizing the employee experience while continuing to contain costs. So are lump sums the definitive answer to the flexibility question when discussing international relocation?
A second option may be leveraging a Core/Flex approach. But the debate around Lump Sum vs. Core/Flex can be confusing. What makes more sense for your unique mobility program from a compliance standpoint? How about ease in administration? Employee experience? Transparency in cost?
If you already have or are deciding whether or not you want to incorporate either of these options into your mobility policy, well you are in luck. Our Practice Leader, Jennifer Connell and Vice President, Client Relations EMEA, Paul Barnes will be hosting a webinar on Tuesday, 29 October, 2019 at 14:00 GMT/ 15:00 CET. Click here to register.
“We will be exploring the use of lump sums and the alternative use of core/flex approaches as well as the pros and cons of each,” said Jennifer.