Recently, AIRINC hosted a thought-provoking roundtable discussion, delving into two pivotal benchmark publications on Host Plus Assignments and International One-Way Transfers. This gathering not only provided valuable insights, but also tailored the conversation to the APAC context, emphasizing trends and practices that define today’s mobility programs.
An essential part of the discussion focused on the questions and challenges participants faced with their mobility programs. Key topics included:
Participants discussed a few challenges leading to several key takeaways:
The conversation turned to technology and metrics used in managing relocation cases. Interestingly, about half of the participants indicated that they outsource tracking to Relocation Management Companies (RMCs). Some companies leverage internal programs for tracking and reporting.
The discussion continued as participants considered compensation approaches:
For long-term assignments, the home-based balance sheet approach was the predominant strategy, with many firms covering additional taxes incurred. Short-term assignments presented unique challenges, particularly concerning compliance and host country tax implications. Regarding repayment agreements, most companies applied a 12-month repayment period, should an assignee resign, while stating that company-driven terminations would not require repayment of benefits.
The roundtable was not just a platform for sharing insights; it fostered an engaging networking experience for all attendees. Participants left with a deeper understanding of prevalent practices in mobility programs and were encouraged to continue the conversation beyond the meeting.