HR Business Partner, Meridian Health Systems
Ximena Hoffmann· VP, Total Rewards, Meridian Health Systems
Asked in Global & Mobility ·
Professional services firm, about 4,200 people. We have a partner-track director who went from London to Singapore in 2019 on a three-year assignment and is still there on full expatriate terms: housing at around SGD 9,500 a month, school fees for two children, home leave, tax equalisation. Total cost is roughly 2.6 times a local peer.
There are 11 more cases like this across Asia. The business agrees they should be localised but nobody wants to have the conversation.
For those who have done this, what phase-out did you use and how did you treat schooling for children already in international schools?
7 helpful · 3 insightful · 3 agree · 6 replies · 211 views · 2 following
Accepted answer· by Elif Alvarez
Before you design the phase-out, fix the base salary. Most of the pain comes from localising someone onto a home-based salary converted at whatever the rate is that day. Price the role properly in the Singapore structure first. In about half our cases the local market rate for a director was well above the converted home salary, which paid for a good part of the lost housing. Then offer a choice with a deadline: localise on the step-down terms, or repatriate to a real role at home within six months. Also check pension, since leaving the home scheme after seven years needs handling. We took advice case by case.
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