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Mastering Assignment Compensation

- Delivered in Asia only -

Please note: This course is delivered in Hong Kong, Singapore, Malaysia, Bangkok and Taiwan. Please email our Events team to indicate your interest in future courses and we will contact you as soon as dates have been determined.

This half-day course is designed to give HR practitioners a thorough knowledge of the key concepts of international assignment compensation enabling them to become strategic partners to their business. 

Participants will come away with a firm understanding of how the home-based approach, the most common method of salary calculation, works. The course will also cover the various types of assignment allowances such as the cost of living allowance, location allowance (hardship allowance) and assignment allowance are provided and how they are calculated, market practice regarding calculation and how company policies impact assignee compensation.

The course will also ensure that delegates receive the most up-to-date information regarding market trends and best practice, and will explore how to communicate policy and assignment salaries to stakeholders.
 

Course objectives:

  • To provide an understanding of the relationship between international assignments and compensation methods
  • To introduce the most common method used to determine employee compensation during international assignments
  • To provide a thorough understanding of the main types of allowances provided as part of an international assignment
  • To use case studies and real-life examples in exercises in order for delegates to come away with a practical knowledge that can be applied in the workplace

Who should attend

This course is designed as an introduction or refresher for anyone involved in the practical administration of international assignment policy and salary calculations e.g. Mobility Managers, HRBPs, C&B professionals, HR Managers, HR Administrators, HR Executives etc.

Agenda

Agenda
Introduction to international assignments and compensation
 - International assignment trends
 - Business drivers for international assignments
 - Main types of assignment
 - Aims of international assignment compensation policy
 - Main approaches to assignment compensation
The home-based (build-up/balance sheet) approach in detail:
 - Introduction: aims of the home-based approach
 - Cost of living (COL) indices and how to calculate COL allowances
 - Location (Hardship) allowance methodologies
 - Other mobility-related allowances
 - Understanding hypotax