Managing employee mobility in Southeast AsiaGlobal perspective. Local insight.
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.
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
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.
•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
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
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About Deloitte Southeast AsiaDeloitteSoutheastAsiaLtd—amemberfirmofDeloitteToucheTohmatsuLimitedcomprisingDeloittepracticesoperatinginBrunei,Guam,Indonesia,Malaysia,Philippines,Singapore,ThailandandVietnam—wasestablishedtodelivermeasurablevaluetotheparticulardemandsofincreasinglyintra-regionalandfastgrowingcompaniesandenterprises.
Comprisingover250partnersand5,500professionalsin22officelocations,thesubsidiariesandaffiliatesofDeloitteSoutheastAsiaLtdcombinetheirtechnicalexpertiseanddeepindustryknowledgetodeliverconsistenthighqualityservicestocompaniesintheregion.
Allservicesareprovidedthroughtheindividualcountrypractices,theirsubsidiariesandaffiliateswhichareseparateandindependentlegalentities.
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