International Remuneration

• International Assignment Policy
• Remuneration Advice and Support
• Membership Services

International Consultants Centre (ICC) provides expert international human resources consulting services to internationally operating companies in Australia, Asia and the Pacific Rim. ICC is an associate company of the global group, Mercer (Australia) Pty Ltd, which allows us to provide an unrivalled network and data source for the HR professional and international executive.

ICC’s consulting arm aims to provide tailor made solutions to internationally focused organisations which are involved in all areas of international HR. Our consultants are specialists in the area of international human resource policy development, salary packaging, employee mobility methodologies and international data provision.

International Assignment Policy

International Assignment Policy Development – ICC provides support and advice for the development and implementation of International Assignment Policy.

Benchmarking surveys

Benchmark such areas as remuneration methodology and provision of benefits and reward in addition to best practice analysis or revitalising communication with their employees.

Long term international assignments

Specialist methodologies exist to ensure the most accurate and fair provision of remuneration and benefits for those employees relocating overseas for long term assignments.

Short term international assignments

A short-term assignment could be up to 12 months in length. Separate assignment policy for these employees is worth considering.

Business traveller assignments

An employee on business travel requires a different method of reward. ICC can assist.

Locally Engaged Staff

ICC Consultants have considerable expertise in dealing with the many different components of International Remuneration for Locally Employed Staff and Management.

Remuneration Advice and Support

ICC provides advice on appropriate remuneration packages for staff working overseas. This will ensure they are appropriately compensated for the differences in cost of living and quality of living associated with an expatriate assignment. Some of the services ICC provides are:

Tax equalized or protected salary calculation or build-up

The build-up approach is a method of calculating an expatriate’s salary package. It is based on a series of adjustments to the home base salary using the Cost of Living Index and allowances.

The build-up approach fulfils the following objectives:

• Protects the expatriate’s home country purchasing power throughout the world consistently;
• Covers ongoing home country commitments e.g. mortgage payments, savings, life insurance, etc;
• Incorporates incentive allowances (or premiums) in a systematic way;
• Facilitates re-entry into the home country salary system.

Allowances typically provided are:

• Cost of Living
• Quality of Living (Hardship or Location)
• Mobility Premium
• Disturbance (one off)

Local Salary Data and Benefits

• As part of a complete remuneration service for International Assignments, ICC provides all of the necessary information required to enable a company to understand all the employment issues affecting an individual in a foreign location.
• This includes information on accommodation, schooling, local personal tax, cost of living, and quality of living, local clubs, transport (including motor vehicles), utilities and much more.

Membership Services

In order to manage your expatriate and local staff efficiently you will need to have a single source of information at your fingertips. Mercer’s new web-based application, Global HR Monitor, allows you to access the data you need when calculating expatriate packages. The inbuilt calculators allow you to customise your information data to your specific needs so that you can provide your staff with a fair and equitable package based on the latest global information.

Joining Mercer’s Employee Mobility Membership is simple. As a member, you select the countries you need and for each one selected you will receive the information listed below. Mercer collects data for over 240 cities worldwide so we are sure to be able to meet your data requirements.

• Country Reference Guides
• Employment and Working Condition Reports
• Statutory Benefits and Social Security Reports
• Benefits Reports
• Personal Tax Reports
• Cost of living Reports
• Quality of Living Reports
• GDP, Inflation, Currency and Salary Forecasts

As a Mercer member you will receive dedicated client service support via ICC’s expert consulting group on any issues relating to membership. In addition you will receive discount consultancy services, access to Mercer’s international assignment surveys, access to Mercer’s job size/ compensation system and Mercer’s global network, as well as a free introductory seminar on how to use the Mercer data.