Mobility Strategy - Market Practices

International - One-Way Transfer

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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. International One-way Transfer – Market Practices Provision Market Practices Definition > The relocation of an employee (current employee or new hire) across a border to take a local position in a country other than the employee's departure country. > The employee is typically placed on destination country (local) compensation and benefits plans. Eligibility > Current Employees > Experienced new hires (assuming work permit and visa eligibility) VISA / Work Permit > The Company will assist with obtaining required visa and work permit documents. > Most companies will NOT sponsor work permits for accompanying dependents. > Depending on the destination country, some companies may assist with obtaining permanent residency status. Tax Consultation / Tax Return Preparation > A tax consultation with the company's international tax partner is provided prior to departure; may also be offered upon arrival in the destination country. > Tax preparation and tax filing for departure and destination countries, if necessary, in the year of transfer as well as for any additional years in which there is a transfer-related tax impact. Medical Exam / Immunizations > Reimbursement for out-of-pocket expenses for medical exams and immunizations necessary for entry into the destination country. Pre-Transfer Trip > A preview / pre-transfer trip may be provided if employee has never visited destination > The trip is typically reserved for just the employee and spouse/partner; however, some companies will allow school-aged children to accompany, depending on the destination country > Typical length is up to one (1) week, inclusive of travel time > Reimbursement includes airfare, lodging, meals and incidentals, rental car if needed o Travel expense reimbursement is consistent with company travel policy Sale or Management of Home Country Property > Fewer companies offer this benefit; however, if it is provided, Home Sale Assistance follows the existing departure country policy. > If no policy exists, the company may reimburse reasonable and customary closing costs; the reimbursement amount may be capped. Home Purchase > Many companies do not offer this level of assistance; however, if it is provided, Home Purchase Assistance follows existing destination country policy. > If no policy exists, the company may reimburse reasonable and customary closing costs; the reimbursement amount may be capped.

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