Thinking about enhancing your relocation packages? You may be considering a Local Plus option, which is a hybrid of a Permanent Transfer or Local Hire with elements of a Long-Term Assignment.

There are several impacts to both the employee and the company to weigh when considering adding a Local Plus policy to your global mobility program. Local Plus policies can be a good fit in locations where it is difficult to attract talent due to living conditions (e.g. high cost of living, complicated tax laws, and difficult living conditions). It can also be a tool to add some additional support without incurring the full cost of a Long-Term Assignment.

In this guide, we break down the advantages and disadvantages of this policy type and outline what a Local Plus policy would look like across all benefit categories, from home and host country housing to tax assistance and repatriation.

One size doesn’t fit all when it comes to our Client Partners’ programs, policies and cultures. In order to deliver an unmatched mobility experience, we provide expert recommendations and insights to build and strengthen our clients’ benefit offerings to meet their overall business and talent mobility objectives for the future. Working with more than 100 companies each year, Altair’s Global Consulting Services team takes a holistic approach to mobility by arming clients with first-rate data, research and trend information to find the best relocation and mobility solutions for your employees, your mobility program and your company.