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Managing employee mobility in Southeast Asia Global perspective. Local insight.

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Page 1: Managing employee mobility in Southeast Asia Global ... · Managing employee mobility in Southeast Asia Global perspective. Local insight. ... The well-documented unprecedented growth

Managing employee mobility in Southeast AsiaGlobal perspective. Local insight.

Page 2: Managing employee mobility in Southeast Asia Global ... · Managing employee mobility in Southeast Asia Global perspective. Local insight. ... The well-documented unprecedented growth

Global mobility and the growing importance of Southeast AsiaThewell-documentedunprecedentedgrowthoftheAsia-PacificregioninrecentyearshasculminatedinauniqueandhighlyfavourableeconomicenvironmentintheSEAregionformultinationalcompanies,particularlyinthewakeofthefinancialcrisisthatcontinuestoaffectorganisationsthroughouttheworld.Theregion’sgrowingimportanceischaracterisedbythefollowingkeysuccessfactors:

•Singapore’sstatusasamajorinternationalhublocationandleadingglobalfinancialcentre;•GrowthopportunitiesincountriessuchasIndonesia,Philippines,ThailandandMalaysiaasaresultoftheirvastnaturalresourcesandabundantlocalworkforce;and

•EmergingmarketslikeVietnam,Laos,CambodiaandMyanmar.

Forcompaniesoperatingintheregion,thismeansagrowingnumberofcross-borderworkersmovinginandoutoftheregionastheyseektocapitaliseonhighgrowth,newmarkets,andsustainablenewopportunitiesortodevelopnewskillsetswithintheirworkforce.

Withtheexpansionofemployeemobilityintheregioncomesagreaterneedforlocalknowledgeintermsofexpatriatemanagementandadministration.Cross-bordermovementbringsincreasedcomplexity,cost,riskandcomplianceobligationsfortheemployer,somethingwhichisespeciallyimportantwhenconsideringtheincreaseinmobilityatthemostseniorlevelswithinmultinationalsoperatingintheregion.

AtDeloittewerecognisethatourclientsseeSoutheastAsiaasoneoftheirtoppriorities.Wehavedevelopedanintegratedapproachtosupportandpromoteemployeemobilitywithinorganisationsastheyseektomanagetheirexpatriates,orevenleadtheirregionalorglobalexpatriateprogrammesfromtheregion.Fromcostmitigation,taxcomplianceandimmigrationservicesthroughtopolicyimplementation,talentmanagementandglobalmobilitystrategy,wecannotonlyhelpemployerstomanagetheirexpatriatesintheregionbutimportantly,wehavethecapabilitytohelpmakeglobalemployeemobilityakeybusinessinitiativewithinmultinationalorganisations.

Page 3: Managing employee mobility in Southeast Asia Global ... · Managing employee mobility in Southeast Asia Global perspective. Local insight. ... The well-documented unprecedented growth

International assignment services•Individualtaxreturnsformobileemployees•Hypotheticaltaxcalculations/taxequalisation•Netpaycalculations•Incomeandsocialtaxplanning•Immigration•Globalprojectmanagement

Compensation and benefits•Taxreportingandcompliance•Employmenttax•Retirementplans•Executivecompensation•M&Aduediligence,post-mergerintegrationandconsulting

•Foreignpensions•Healthandwelfareplans•Healthreform•Benefitsadministration

Risk.Talent.Rewards.Maximisesthecompetitiveadvantageembeddedintheglobalworkforcethrough:•Globalcontrols•Globalmobilitytransformation•Globalrewards•Globaltalentandperformance

International human resources•Assignmentpackagedesign•Calculationofassignmentcompensation•Assignmentcostprojections•Globalcompensationanalysisandreporting•Globalcompensationprocessoptimisation•Globalpayrollwageandtaxcalculations•Taxequalisationadministration•Policydesignandbenchmarking•Processandservicedeliverymodeldesign•Mobilityprogrammebudgetandcostreporting

Technology – Global Advantage (GA)•GAPortal•GAConnect•GACalendar•GAOrganizer•GATracker•GAEquityAwards•GAEquity•GAWorkpapers•GACompensationAssistant•GATaxCalculator•GAServiceInitiation•GACostProjection•GABusinessTraveler•GAIHR

Ourintegratedmarketofferinghasbeendesignedtosupportanrangeofmobilityprogrammesfromthoseintheirearlyphasesallthewaythroughtowellestablishedmobilityfunctions.Thisapproachenablesustoprovidemorestrategic,proactiveandvalue-addedsupporttoourclients.

Our range of integrated services

Our integrated service offering

Page 4: Managing employee mobility in Southeast Asia Global ... · Managing employee mobility in Southeast Asia Global perspective. Local insight. ... The well-documented unprecedented growth

Our service capabilities

Withourintegratedservicesacrossthefullspectrumofglobalmobilityissues,ourprofessionalscanleadandcoordinateglobalexpatriateengagementsfromSingaporeaswellassupportotherleadofficeswithregionalAsiaPacificorSoutheastAsiacoordinationservices(e.g.USorUKheadquarteredmultinationals).OurGlobalEmployerServicestaxprofessionalsoffer:

•Anunderstandingofboththebusinesscontextandtaxissuesassociatedwithinternationalassignmentservices,enablingustoprovideprogrammeservicesthatsupportyourbusinessworldwide;

•Astrongtrackrecordofdesigning,developing,andadministeringinternationalassignmentprogrammepackagesacrosstheglobe;

•Theskilltomanagethestrategicchangethatresultsinalignmentofyourcompensationandbenefitsprogrammeswithcorporategoals;

•Accesstoaworldwidenetworkofexperiencedprofessionals,includingformergovernmentofficials,whounderstandhowtonavigatethelocaltaxlandscape;and

•Acost-effective,configurableapproachtocompliancemanagementresultingfromoursignificantinvestmentintheprocess,technology,andpeoplethatbringconsistency,flexibility,control,andcustomisationtoyourglobalassigneeprogramme.

Page 5: Managing employee mobility in Southeast Asia Global ... · Managing employee mobility in Southeast Asia Global perspective. Local insight. ... The well-documented unprecedented growth

•Globaltalentalignmentwithpolicies

•Globaltalentpoolidentificationandtracking

•Globalcompensation/rewards

•Post-assignmentretentionstrategies

•Corepoliciesalignedtobusinessneeds

•Advancedbusinessadvisoryservices

•Tailoredpolicies/packagesformassrelocations

•Servicedeliverymodel•Streamlinedprocesses•Definedroles•Vendorservicesmanagement

•Technologyenablers

•Globaltaxpreparation• Immigrationcompliance

•Datasecurity•Coreserviceprovision•Populationawareness

Integration with talent strategies

Policy review / business alignment

Operational stabilisation / excellence

Compliance

Policy review / business alignment

Operational stabilisation / excellence

Compliance

Operational stabilisation / excellence

ComplianceCompliance

Functional maturity

Risk and liability containment

Core service efficiency and effectiveness

Meeting business objectives and needs

Global talent management

Astheglobaleconomydemandsthemovementofthebestpeoplefromcountrytocountry,internationalassignmentprogrammesareessentialforsuccessfullyoperatingglobalbusinesses.Nowmorethanever,thecostmanagementandinternalprocessesassociatedwiththeseprogrammesneedtobewellplannedandexecuted.

Theinitialsteptobuildinganefficientmobilityprogrammeisensuringeffectiveregulatorycomplianceproceduresareinplace.Failuretocomplywithlocaltaxlawscancompromisethesuccessofanassignmentthereforeitisessentialthatcompaniesidentifywaystocomplywithlocalhomeandhostlocationtaxregulationsandminimiserisk.

Asorganisationsevolveandrefinetheirmobilitystrategiesthereisthepotentialtoseesignificantefficiencygainsfromclearservicedeliverymodels,businessalignedpolicies,streamlinedprocesses,andthegreaterautomationgainedfrommobilitytechnology.

Thebenefitofthisevolutionwillbeimprovedeffectivenessoftheorganisation’sabilitytoexecuteitsmobilitystrategiesand,inturn,addressbusinessneedsforgrowth,globalisation,andglobaltalentmanagementasastrategicbusinesspartner.

The evolution of mobility

Page 6: Managing employee mobility in Southeast Asia Global ... · Managing employee mobility in Southeast Asia Global perspective. Local insight. ... The well-documented unprecedented growth

Contacts

Jill LimTax Partner & Southeast Asia GES [email protected]+6565305519

Ricky ChandrasekeraAssociate Director – Global Employer [email protected]+6562163317

Mario FerraroDirector – Human Capital [email protected]+6565350220

Don RieggerSoutheast Asia Clients & Markets GES [email protected]+6562163157

Daniel WalkerAssociate Director – Global Employer [email protected]+6565305584

Victoria LunnManager – Global Employer [email protected]+6562163349

DeloittereferstooneormoreofDeloitteToucheTohmatsuLimited,aUKprivatecompanylimitedbyguarantee,anditsnetworkofmemberfirms,eachofwhichisalegallyseparateandindependententity.Pleaseseewww.deloitte.com/aboutforadetaileddescriptionofthelegalstructureofDeloitteToucheTohmatsuLimitedanditsmemberfirms.

Deloitteprovidesaudit,tax,consulting,andfinancialadvisoryservicestopublicandprivateclientsspanningmultipleindustries.Withagloballyconnectednetworkofmemberfirmsinmorethan150countries,Deloittebringsworld-classcapabilitiesandhigh-qualityservicetoclients,deliveringtheinsightstheyneedtoaddresstheirmostcomplexbusinesschallenges.Deloittehasintheregionof200,000professionals,allcommittedtobecomingthestandardofexcellence.

About Deloitte Southeast AsiaDeloitteSoutheastAsiaLtd—amemberfirmofDeloitteToucheTohmatsuLimitedcomprisingDeloittepracticesoperatinginBrunei,Guam,Indonesia,Malaysia,Philippines,Singapore,ThailandandVietnam—wasestablishedtodelivermeasurablevaluetotheparticulardemandsofincreasinglyintra-regionalandfastgrowingcompaniesandenterprises.

Comprisingover250partnersand5,500professionalsin22officelocations,thesubsidiariesandaffiliatesofDeloitteSoutheastAsiaLtdcombinetheirtechnicalexpertiseanddeepindustryknowledgetodeliverconsistenthighqualityservicestocompaniesintheregion.

Allservicesareprovidedthroughtheindividualcountrypractices,theirsubsidiariesandaffiliateswhichareseparateandindependentlegalentities.

©2013DeloitteSoutheastAsiaLtd