evette.ybarra@rackspace.com

Evette Ybarra, The Relocation Gal

Rackspace Lump Sum Policy

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9 Worldwide Data Centers

6,000+ Rackers

Global FootprintCustomers in 120+ Countries

Annualized RevenueOver $1.7B

www.rackspace.com

About Rackspace

53% 100OFTHE

We Serve FORTUNE®

300,000+ Customers

Portfolio of Hosted SolutionsDedicated - Cloud - Hybrid

110,000+ Servers45,000+ VMs

70 ≅ PB Stored

3www.rackspace.com

About Rackspace

A Leader in the Magic Quadrant for Cloud Enabled Managed Hosting,

North America and Europe

Named a Top Performer for Hosted Private Cloudby Forrester Research Inc.in “The Forrester Wave™: Q1 2013

Founder

OpenStack®Open source software for building private and public clouds

Our Vision

To be recognized as one of the world’s great service

companies.

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Global Relocation Packages

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Packages How Lump Sum Applies to Policies

UK Relocation Package Relocation is offered to critical skills external hires only. Rackspace provides a fixed lump sum for all moves equally.

US Relocation Package Relocation offered to both internal and external hires. Tiered relocation policy approach, based on salary level. Lump sums included in each package are a fixed amount with a cap.

Permanent Relocation Package Relocation is offered to Rackers applying for a local position in another country. Lump sum is a fixed amount with a cap.

Short Term Assignment3 months- 1 year

No lump sum is offered for short-term assignments, instead they receive per diem.

Long Term Assignment 1 year – 3 years

Relocation is offered for all long-term assignments. Lump sum is a fixed amount with a cap.

7www.rackspace.com

Relocation at Rackspace

• In 2014, 342 moves total. 259 Domestic and 83 International.

• Movement to and from Israel, United Kingdom, Hong Kong, Australia, Switzerland, Untied States, and Mexico.

• Our goal is standard policies and practices, address compliance and risk while still allowing flexibility to meet changing business and Racker needs.– Packages are consistent and fair to Racker.

– Limits exceptions.

– Providing a lump sum allows the Racker flexibility to use the funds as they see fit.

• The challenge we are experiencing today with a lump sum approach is different countries have different tax rules.

• Rackspace recruits on talent brand, so there is less need for rich relocation packages.

THANK YOU

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