Details:
Price: Member US $500
Non-Member US $550
Approximate Course Duration: 6 Hours
Length of Time Given to Complete the Course: 180 days from the date of registration
CE Credits Available: 6 CRP-INTL
Description:
Learning Objectives:
- Build a strong foundation in the basic compensation, benefits, policy, and logistical aspects of an effective international assignment
- Gain insights into today’s key challenges that are shaping the management and service of a worldwide mobile workforce
- Develop an in-depth understanding of global mobility assistance, policies and practices
- Discover methods that will enable enhanced communication among peers, clients, service partners, and expatriates and their families
Content Includes:
- Overview of the classic principles and components of the traditional international assignment and today’s changing practices
- Corporate philosophies on compensation and benefits and how they shape policy and procedures
- The strategy behind constructing or revising an expatriate policy and the key factors that drive it
- The challenges of international assignment administration and how they affect policy, clients, and service partners
- Emerging trends in global workforce mobility that will shape the future
- The business imperatives driving the creation of the “new expatriate”
- A step-by-step process to effectively sell policy recommendations to management (It is so good, you’ll find yourself using it for any item that needs management approval!)
- The key factors in the development and implementation of cost-of-living policies
- Money-related matters affected by mobility such as fluctuating currencies and home- or host-country compensation approaches
- An in-depth balance sheet review
- The complex issue of home- and host-location housing
- The multiple considerations in developing policies and services for various assignment elements, including household goods, pets, transportation, education, home leave, spouse employment, and premiums/special allowances
- Methods for effective cost-tracking and examples of cost-control techniques
- How to prepare an in-depth cost estimate
- An overview of critical immigration issues affecting global mobility today
- The key role of taxes in assignment costs and the application of the tax equalization approach
- Policy practices for workforce security
- Contract documentation that is critical to successful assignment administration
- Effective techniques to enhance your communication with expatriates and their families
- Strategies for successful repatriation programs
Module can be taken in more than one sitting as the course has the ability to save your place.
All three Modules and the examination must be completed no later than three years from the start of the first Module in order to earn the GMS® designation. Modules can be taken in any order. If you have any questions, please contact GMS@WorldwideERC.org.
