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International Executive Services
The Efficient Way to Manage Your International Assignment Program
Globalization has created a growing need for effective international assignment programs. Companies face many challenges with a global employee population, and a move in the wrong direction can have a significant effect on their bottom line.
KPMG can help. Our International Executive Services (IES) practice provides human resources consulting, outsourcing, tax and technology services to help leading global companies deliver world-class international assignment programs. IES can help your company meet cross-border challenges with services that can increase efficiencies, assist in maximizing assignee productivity and enhance program quality.
Our reputation for uncompromising service makes KPMG a leader in international executive tax, technology and human resources services. Our experienced professionals know the pitfalls, problems and frustrations of assignment planning and implementation of corporate international assignment programs because they’ve been there.
Our IES professionals can help you meet the challenges of an expanding global workforce by leveraging their experience in:
- Designing international assignment programs that help minimize costs while addressing the needs of the assignees and the corporation
- Providing pre and post assignment tax and financial counseling to prospective and current assignees
- Preparing assignee tax returns for home and host countries
- Structuring the nature, timing and delivery of compensation in a tax-efficient manner
- Outsourcing international assignment program administration
- Implementing international assignment management technology
- Designing Web-based solutions to support assignee populations
International Human Resources Consulting
KPMG’s International Human Resources Consulting group consists of a fully integrated network of professionals who can help you manage your assignment programs to become more competitive in an expanding global business environment. Our professionals are skilled in developing innovative policies to manage international assignee populations and in applying different approaches to compensation and benefits.
Our International Human Resources Consulting services include:
- Policy, strategy and design
- Assignee communications
- Process and procedures guides
- Assistance with assignee selection, assessment and repatriation strategies
- Instant market data (via our survey Web site, www.kpmgihrsurvey.com)
- Policy and program benchmarking
- International assignment and compensation surveys
- International assignment policy improvements
Assignment Management Services
As companies face ever-increasing competition, they need to define, understand and focus on their core competencies. One of the most effective solutions is to outsource non-core processes to external service providers. Using KPMG’s Assignment Management ServicesSM (AMS), you can assign routine administration of your programs to KPMG professionals, providing a single point of contact for your assignees, helping to optimize their productivity. This will give you more time to handle the high-level human resources aspects of your international assignment program and serve as a stronger partner to corporate management. AMS covers nearly every component of global assignment management including:
- Pre-departure services
- Coordination of services in the host country
- Ongoing maintenance and tracking
- Assignee repatriation
Tax Planning for Cost Minimization
KPMG offers a full range of international executive tax services that can be tailored to meet the needs of your company and its international workforce. Whether you are a large company with more than 50 percent of revenues generated outside your headquarters’ country, or a small organization just beginning overseas operations, KPMG can help you control costs and meet the demands of a worldwide operation. Our tax professionals continually strive to develop new strategies to help reduce costs associated with international assignment programs.
KPMG’s IES tax services include:
- Preparing cost projections and hypothetical tax calculations
- Conducting assignee briefings
- Completing home and host country tax returns for international assignees
- Providing tax equalization and preparation reconciliation
Technology Innovation
KPMG views technology as the key to providing efficient service to global clients. Our proprietary software programs provide companies with a system for more efficient and cost effective management of their international assignment programs.
With tax profiles of almost every country, recommended tax-reduction strategies and individual compliance data, KPMG/LINKSM can help management reduce program costs by helping you structure compensation packages, determine tax positions and document policy changes. It also provides demographic information, calculates allowances and processes non-payroll expenses, reducing the effort needed for complex accounting and reporting requirements.
KPMG/LINK EnterpriseSM is a Web-enabled, multi-tiered software application that enables large multi-national organizations to efficiently manage and administer various aspects of their international assignee programs. This next-generation product based on KPMG/LINK is a comprehensive software application that runs in a client/server environment on local area networks. The added functionality’s and the ability to access timely information from anywhere in the world make this software the perfect choice for companies that run their global assignment program from one or more decentralized locations.
For more information about KPMG’s IES practice and our solutions, contact your area IES leader.
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