SOURCE: Cartus

Cartus

May 06, 2013 11:29 ET

Cartus Removes the Guesswork When It Comes to Determining How Much It Costs a Company to Transfer an Employee Globally

International Quick Cost Projection Tool Helps Companies Quickly Determine 'What If' Relocation Scenarios for More Than 70 Countries

DANBURY, CT--(Marketwired - May 6, 2013) - Cartus Corporation, a leading provider of global relocation services, has launched the newest version of its popular web-based International Quick Cost Projection Tool, which helps companies and their human resources or relocation personnel quickly estimate how much it costs to transfer employees to any one of more than 70 countries.

"The recently enhanced Cartus International Quick Cost Projection Tool allows companies to quickly generate high-level cost projections with minimal data entry. The tool is a cost-effective way for both large and small companies to enhance their international pre-assignment planning, and helps them more effectively plan and manage their global workforce," said Brooks Neitzke, Director, International Assignment Compensation Services for Cartus.

"Additionally, the Quick Cost Projection Tool is a great resource for corporate recruiters because it provides a realistic estimate of what it will cost a company to transfer an employee, before the company makes the hiring decision," Neitzke said.

Here's how the web-based tool works: Say a company needs an employee on assignment in China and is trying to decide among candidates from California, Australia, and the United Kingdom. Using the tool, companies can run "what if" scenarios to compare and contrast the cost of moving potential candidates for international assignment.

A human resources specialist simply enters the employee's salary, family size, home/host country, and length of assignment. Once that information has been submitted, the proprietary Cartus tool in just minutes produces an estimate of relocation assignment costs, based upon either:

1. An industry best practice long-term or permanent move policy; or,
2. The company's own long-term or permanent move policy template.

For as little as $50, the International Quick Cost Projection Tool provides human resources professionals with:

  • A quick, high-level, low-cost estimate of international assignment expenses.
  • Estimates to and from more than 70 countries.
  • The ability to tailor cost projections to a company's unique relocation policy elements with minimal data entry.
  • Information regarding tax calculations.
  • New pricing tiers that make the tool even more cost effective.

For additional information on the International Quick Cost Projection Tool, click here. For a free trial subscription, contact Sean Raney, Vice President, International Assignment Compensation Services, at IACSAdministration@cartus.com.

About Cartus
Cartus provides trusted guidance to organizations of all types and sizes that require global relocation solutions. Cartus serves over 64 percent of the Fortune 50. We provide service in more than 165 countries, applying our more than half century of experience to help our clients with their mobility, outsourcing, consulting, and language and intercultural training needs. Cartus is a subsidiary of Realogy Holdings Corp. (NYSE: RLGY), a global leader in real estate franchising and provider of real estate brokerage, relocation and settlement services. To find out how our greater experience, reach, and hands-on guidance can help your company, visit www.cartus.com; read our blog at www.cartusblog.com; or click www.realogy.com for more information.

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