May 08, 2015
From the KPMG TaxWatch
For companies pursuing growth in new markets, having the right people on the ground is essential. Worldwide, more companies are drawing on the experience and know-how of their internal talent to develop business in new locations through global mobility assignments. Supporting business objectives and adapting to changing business requirements are the primary goals of these programs for the majority of companies.
These are just some of the key findings from KPMG International's Global Assignment Policies and Practices (GAPP) Survey 2015. Now in its 17th year, this annual survey continues to provide benchmarking data and insights on how global companies manage their international assignment programs.
According to the survey results:
- 73 percent of survey participants agree that the main purpose of a global mobility program is to support business objectives and adapt to changing business requirements.
- Overall, 86 percent of survey participants say their use of international assignees will stay the same or increase over the next five years.
- Many organizations that offer incentives for assignees to accept international opportunities are extending these benefits to dual-career couples: 21 percent offer job search support in the host country for the spouse/partner and 20 percent reimburse their education expenses.
- Survey participants are growing more inclusive, year over year, in how they define 'family' for purposes of policy benefits: 56 percent include unmarried domestic partners/companions of the opposite sex, while 50 percent include unmarried domestic partners/companions of the same sex.
These are just some of the findings analyzed in detail in the GAPP Survey report. You can use the results to benchmark your organization in areas such as assessment and performance, assignment compensation and allowances, preparation and planning, administration and outsourcing, and taxation policies.