GlobalAdvantage™ Cost Projection Enterprise has been saved
GlobalAdvantage™ Cost Projection Enterprise
Estimate the cost of international assignments with tools developed and used by professional advisors.
GlobalAdvantage Cost Projection Enterprise offers detailed calculations of assignment costs between two countries with a few mouse clicks.
What is it?
GlobalAdvantage (GA) Cost Projection Enterprise is a user-friendly web module that enables users to estimate the costs of sending an individual on an international assignment. The user inputs compensation and allowance amounts and the tax logic built into the program calculates the associated tax costs.
If the user is also a client of GlobalAdvantage IHR, compensation amounts and assignment information can be shared between the two products.
Why do I need it?
The cost of a foreign assignment can far outweigh the cost of hiring local staff – which means big numbers that no business can afford to ignore. Our online costing tool allows you to understand these costs from the very early planning or “what if” stage, through to detailed budgeting and the finalisation of terms.
To address this you do not need to tie up valuable resources researching local tax and social security laws. All you need is an internet connection.
How does it work?
GA Cost Projection Enterprise is a fully web based tool that provide real time calculations based on information compiled by tax professionals of the member firms of Deloitte Touche Tohmatsu around the globe. Cost projections can be created for multiple country combinations. Exchange rates are uploaded regularly while individual country tax data is monitored to determine that the latest positions are reflected.
You will receive a single web address and each user within your company will receive a user ID and password. To perform the calculations, you log into the system, either search for an existing package or add a new one and away you go.
Using our cost projectors you can:
- Estimate the cost of an international assignment.
- Compare the costs of different compensation packages.
- Generate annual cost estimates for accrual purposes.
- Assess the tax impact of assignments to different countries.
- Quantify the impact of compensation changes during an assignment.
- Save reports for later review