By Andrew Menhennet
This series of Leading practice guides outlines how organisations can approach structuring and managing a reward package for an employee on an international assignment.
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- Initial considerations
- Types of assignment
- Value of assignments
- Employee-initiated assignments
- Global nomads
- The differences between a home-based and host-based reward package
- Home-based approach
- Cost of living allowance
- Tax equalisation
- Housing costs
- The reserve
- The balance sheet
- HQ-based approach
- Host-based approach
- “Host plus” packages
- Incentive allowances
- Location or hardship allowances
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About the author
Andrew Menhennet
Andrew Menhennet is a reward consultant with in-depth experience of UK and international reward practice, both as a consultant and a practitioner. Before joining Yellow Hat Ltd as a principal consultant, Andrew held senior reward roles at HSBC, KPMG and Barclaycard, and ran his own independent reward consultancy.
Andrew has hands-on experience of managing reward policy and implementation for international assignments in a variety of business environments. He is co-author of the CIPD’s annual “Reward risks” survey, and has written a series of authoritative reports on the development of remuneration regulation in the financial services sector and on the latest developments in the governance of executive pay across the public and private sectors. He speaks at conferences on a range of reward topics and is a tutor on training programmes for reward analysts.
Andrew is a fellow of the CIPD.