Technology and global mobility – reducing admin and avoiding hidden costs
Learn how MOVE Guides reduces HR admin, improves oversight and helps reduce hidden costs in your lump sum program. Lump Sum programs offer real cost savings versus traditional assignment packages. In theory they also reduce the administrative burden of the mobility team as the planning for the move gets shifted to the employee. Unfortunately, in the majority of cases that we see – there are huge hidden costs of lump sum programs that don’t show up directly on the P&L – but impact the efficiency of the employees and effectiveness of mobility teams. The first main challenges facing HR teams when administering a lump sum program is around the duty of care. Let’s face it, many mobility professionals are hesitant to cut a check to a transferee and ask them to show up in a new country with no further input from HR. Most mobility professionals go out of their…
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