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Expatriate technologies are the
cornerstone of an effective mobility program.
Expatriates represent a large percentage of our workforce talent and our future leadership. We must understand the nature and the costs of these assignments today. To continuously support the businesses, we must be able to adapt to emerging assignment patterns and model how international assignments should be managed in the future.
Mercer’s ExpatMonitor is
an enhanced expatriate compensation calculation management tool. This tool
allows users to perform expatriate compensation calculations in compliance
with their organization's policy, review and update these calculations,
track deviation to policy, perform what-if calculations and issue reports
and gather in one single-web-platform all information related to your
international assignees.
What are the main features?
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Automate expatriate compensation calculations
and facilitate updates
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Issue reports on various costs elements for
selected population of assignees
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Capture expatriate compensation related
elements in one place
Key benefits
ExpatMonitor provides clients with a mid-price
range web based solution developed by compensation consultants to
effectively and centrally manage and monitor their expatriate compensation
by:
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Facilitating compensation calculation and
update process
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Facilitating compliance with policy -
consistency
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Allowing to track, analyse and report on
expatriate compensation costs
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Allowing compensation modelling
Key
advantages
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Simple, user-friendly yet powerful and
sophisticated
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Usable off-the-shelf tool yet flexible and
highly configurable
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Directly accessing Mercer mobility data yet
useable with other data sources
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Able to evolve with your needs and benefit
from regular updates
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Cost effective
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Developed in partnership with our clients by
in-depth experts in global and local compensation
management
What's included?
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A policy database: create,
maintain and update expatriate compensation policy(es) to be applied to
calculations
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An assigment database: create, view, update assignee information related to family situation, to the assignment and package
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A calculator and a results manager: create, save, update, simulate expatriate compensation calculations for long-term assignments based on the company's policy
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A calculation results database: issue expatriate compensation results reports (individual, group, total/by item, by region)
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