Global Mobility, Australia

Managing assignee careers, compensation, insurances and finances.

The greatest challenge for any organisation is finding the right partner for them and their employees.

In stock

In today’s global business environment, companies of all sizes that want to grow or expand their global presence require the agility and flexibility to move their most valued and skilled employees and their families across borders with ease.

The landscape of global mobility is changing as the world becomes increasingly complex and inter-connected international boundaries have become blurred, as well as all the new types of assignments, including remote working options that became even more common post pandemic. Global Mobility, in all its forms, is a vital component of any HR strategy and is increasingly recognised by CEOs as such.

Global mobility challenges and needs

Increasingly organisations are seeking guidance around their international assignment strategy and the sustainability of their mobility program.

They are also looking for greater program control, governance, compliance, tech tools and cost management in the face of growing competition, and they require an enhanced employee assignment experience, as they strive to protect the investment in their employees across the globe.

How we can help

Whether just a few or many assignees going overseas, we offer cross-functional expertise in areas such as mobility strategy aligned to talent management, financial advice, international compensation, assignment policies, mobility frameworks, health insurance (and allied policies), retirement savings and planning.

We are uniquely positioned – like no other – where mobility intersects careers, insurances and finances, to partner for both the short and longer-term placement of mobile employees.

We address global mobility challenges and needs Global client experience

Employer

Managing assignee costs, operational efficiencies and simplifying mobility policies
Managing rising health insurance premiums and escalating claims costs for assignees
Motivating, retaining and rewarding assignees in a competitive environment
Meeting compliance requirements for both the company and the employee

Employee

Need to understand package compensation and allowances
Portability or coverage of personal insurances for themselves and their family
Need for access to specialist financial advice and financial wellbeing programs
The assignment impact on tax, retirement, savings, plans, debt, investment portfolios, and estate planning

Enhance your global mobility strategy

For most employers, expatriate and inpatriate management takes a large investment in time and resources, which they may not be set up to manage. We help employers with their global mobility strategy with the expertise to:

Provide advice across the full mobility landscape including careers, insurances and finances
Adopt an international, home or host approach, as needed
Develop a global mobility strategy that can be implemented and managed locally
Consult on placement strategies from global, regional and local perspectives
Contain and reduce expatriate costs
Advise on attracting, retaining and engaging your skilled talent.
Assist with a tech platform to help manage the entire assignee population

Enhance your global mobility strategy

An organisation with projects in emerging markets was sending an increasing number of senior executives across the globe to support this growth on both short and longer-term arrangements. With significant movement taking place across the organisation and multiple locations, the client wanted a firm that could not only help with mobility data, insights and consulting, but also arrange best in class international medical insurance and provide critical financial advice for their most valued employees.

We were selected as a finalist because of our agility, technology and the breadth of our capabilities and experience in managing assignee mobility and finances for both employers and employees across the globe. Our ability to work in partnership to develop a sustainable strategy, for cost- effective assignment policies, high-end medical and insurances across 150 markets, their ongoing transparency and governance, and a central point of contact, helped win the client over, providing a complete solution for a client on a very fast paced growth trajectory.

Managing assignee careers, insurances and finances

Our global mobility solutions uniquely address the needs of both the employer and employee, from compensation, packages to insurances, and finances, enabling greater workplace productivity and engagement. We offer a unique approach to international mobility, helping to create innovative, tailored and cost-effective programs, and provide services needed by inbound and outbound assignees.

Information

Cost and Quality of living
Housing, schooling
Per diems for STA
Personal tax
Furniture and airfare allowance
Lump sums
Employment Guidelines and Statutory Benefits (WBEG)
Allowances for remote locations in Australia

Consulting

Strategy/framework audit, review, design and implementation
Customised benchmarking
Events and training

Technology

Net-to-Net calculations
TAAP portal
Cross cultural trainings
Mobility management platform (MMP)
Business Travel Tracker Tool (TTT)

Medical

Expatriate and inpatriate health
Global assistance and security
Wellness
Global benefits management

Life

Lump sum life
Insurance (death in service)
Spouse and children coverage
Multinational pooling

Accident and Travel

Personal accident
Accidental death and dismemberment
Leisure and business travel insurances

Disability

Income protection
Total and permanent disability protection

Financial advice

For outbound and inbound assignees including:

Personal financial advice

Wealth management
Cash flow
Debt management
Estate planning
Superannuation/Pensions
Personal insurances

Mitigate personal financial risks for assignees

Why choose us as your mobility partner?

Mercer and Marsh bring the best people together to develop coordinated approaches that help our clients to pursue new opportunities with success. We are wholly owned subsidiaries of Marsh and McLennan Companies – a global professional services firm with a network of 85,000 experts, united by a collaborative culture that transcends business units and borders. Mercer Marsh Benefits brings together Marsh and Mercer across international markets for employee health and benefits.

With the strength of a global business — for people and about people — built on a foundation of data, risk management and technology solutions, and delivered by the world leaders in consulting and broking, you can be confident that your best experience is our greatest priority and that achieving the most effective outcome for your business and your employees is our greatest concern.

Contact

For more information on our global mobility solutions, please contact us at GMP@mercer.com.