Switzerland

Incentive Programes for Globally Mobile Employees: Is Your Cross-border Compensation Compliance Guaranteed? 

While incentive compensation programs create real compliance challenges for companies with mobile employees, the risks of non-compliance become more and more serious every year. In addition to the various frameworks in every jurisdiction in which you operate, the unique and ever-changing payroll reporting and withholding requirements must be considered as well.

What is it all about?

 

As employee mobility is increasing and the amount of short-term or long-term expatriate assignments is growing, companies operating on a global basis demand for an effective tool to manage the challenges. KPMG responds to this need with the development of the “Global Equity Tracker” (GET). GET helps you to understand – and to comply with – the dynamic payroll reporting and withholding requirements in every jurisdiction in which you operate.

 

What are your challenges?

 

  • Process complexity
    As employee mobility is increasing and the amount of short-term or long-term expatriate assignments is growing, companies operating on a global basis demand for an effective tool to manage the challenges. KPMG responds to this need with the development of the “Global Equity Tracker” (GET). GET helps you to understand – and to comply with – the dynamic payroll reporting and withholding requirements in every jurisdiction in which you operate.
  • Multi-country tax complexity
    What taxes need to be withheld? How much? When? Where? When it comes time to pay, you need quick and reliable answers in relation to all the jurisdictions in which you have/have had mobile employees. Moreover, cross-border taxation is much more complicated than domestic taxation.
  • Risk Management
    The risks associated with payroll reporting and withholding compliance obligations are substantial and include a number of reputational and financial risks. As systems have been introduceded to help automate this process, expectations of compliance have even increased. These expectations can be met with the tool developed by KPMG’s International Executive Services.

 

How can KPMG support you?

 

  • KPMG LINK Global Equity Tracker (GET)
    GET is a powerful web-based tool that combines real-time cross-border tax instructions with a robust, user-friendly information management that keeps control in your hands. It helps streamline the complex process of cross-border incentive compensation compliance, independent of the characteristics and range of your business activities. At the same time, you save resources and free up your people to focus on those activities that add real value to your business.
  • Backed up with KPMG experience
    Compliance management is a process. Software can facilitate and support, but proper design and execution of the overall process are paramount to success. Your experienced KPMG team provides you with a multi-disciplinary support approach. We support you by tailoring and implementing GET’s extensive configuration features according to your specific needs.

 

David Peterson

David Peterson

Partner, International Executive Services

+41 58 249 33 60

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