Assignment Compensation Services
For over 35 years, BTR International has been providing Assignment Compensation Services, through path-breaking, tech-driven solutions, which are tailored to suit the respective needs and budget specifications of each client.
Our expatriate compensation services include:
When it comes to the Administrative Functions, we carry out the essential elements related to a global assignment, which includes creating cost projections, drafting letters of assignment, scrutinising the balance sheets related to compensation figures and executing coordination works related to certificates of coverage. As a part of our services, we offer our clients a list of qualifying relocation expenses through an online quick cost projection tool, which facilitates the cost projection process for an assignment in the shortest possible span.
As part of our Financial Elements, we coordinate as well as track allowances and every other payment that is being made to the respective assignees through our compensation and moving cost management services with an international relocation accounting system. We also manage the functions of shadow payroll, wherever required, to execute an efficient process. We also have a budgeting and forecasting tool that compares the predicted cost projection with the practical expenditure that would be incurred, so that the actual figures can be used for future forecasts.
When it comes to compliance management, we execute diligent measures for anything related to payroll, be it instructions, compensations, operations and finally reconciliations. When it comes to qualifying the type of relocation expenses, we never fail to deliver periodic compliance reports with the due delivery dates. Our efficient processes have ensured our clients have profited significantly through a substantial reduction of tax providers’ expenses.
Our Assignment Compensation Services at a glance: