Mobility Strategy - Market Practices

Local Plus

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1 © 2022 Graebel Companies, Inc. All Rights Reserved. This document contains CONFIDENTIAL information. Reproduction and distribution of this document in any manner or for any purpose is prohibited without the express written permission of Graebel Companies, Inc. Local Plus – Market Practices Provision Market Practices Definition > Approach may be applied for temporary assignment or permanent transfer scenarios. > Utilized by some companies as a possible low-cost alternative to the traditional balance sheet for expatriates. > Most commonly used when there is considerable wage, standard of living, and economic affinity between the sending and receiving locations. > Less likely to be used for transfers or assignments into low wage, developing, or hardship locations. > Also sometimes referred to as "host plus". Eligibility > Company-specific eligibility rules apply. > Host country permanent employment regulations and registrations must be considered. Visa / Work Permit > The Company will assist the employee with obtaining required visa and work permit(s) based on whether the scenario is consistent with a temporary assignment or a permanent transfer. Salary/Pay > A local base salary or host-denominated salary are considered basic components of a Local Plus package. Housing > Housing assistance is a common "plus" component of a Local Plus package. > May be delivered as an allowance added to pay or as a benefit-in-kind. > For permanent transfers, any housing support is typically provided on a declining scale and gradually reduced over a period of three to five years. Dependent Education > Dependent education assistance is a common "plus" component of a Local Plus package. > If the company determines that the local schools are not adequate and/or education costs are significantly higher in the host location, an education allowance may be provided. > This benefit may be provided for one to three years and then phased out over time OR paid as a lump sum. Host/Local Transportation > Host location transportation assistance is a common "plus" component of a Local Plus package. > May be delivered as an allowance added to pay or as a benefit-in-kind. > For permanent transfers, any support is typically provided on a declining scale and gradually reduced over a period of three to five years.

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