What's In Your Lump Sum?
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What's In Your Lump Sum?

Published: Jul 25, 2014

NEI Global Relocation is about to release its second Lump Sum Practices Survey that drew responses from 162 companies in more than a dozen industries, with employee populations ranging from 500 to more than 50,000.

Of those companies included in the survey, and comparing the results to our 2011 survey, we are seeing:

  • strong participation from the energy, finance, food & beverage, manufacturing, medical, retail and technology sectors
  • an upward trend in relocation volume
  • a continued dominance in the strategic realignment of current employees and new hire recruiting as the main drivers of domestic relocations
  • a continued focus on using the lump sum approach to manage costs and increase transferee flexibility
  • lump sum amounts calculated primarily based on job or grade level with a variety of secondary factors

“This comprehensive survey looks at Lump Sum Only and Partial Lump Sum benefits,” says Mitch Ulrich, SVP of Mobility Strategies.  “It provides a snapshot of lump sum benefit amounts by tier level; the intended expenses to be covered; and whether the benefit receives gross-up assistance,” he continued.  “This is the kind of trending information that our clients want to help them make informed decisions about lump sum best practices.”

If you are interested in obtaining the complete results, please contact your Client Relations Manager or Vice President of Client Development for your region.

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