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Cisco Global Relocation Program – Focus on Policies

Cisco Global Relocation Program – Focus on Policies. Shauna Page – Global Relocation Engagement Manager - Emerging and European Markets. Agenda. Policy types International Assignment – components and rationale International Transfer Policies Q&A. IA (International Assignment)

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Cisco Global Relocation Program – Focus on Policies

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  1. Cisco Global Relocation Program – Focus on Policies Shauna Page – Global Relocation Engagement Manager - Emerging and European Markets

  2. Agenda • Policy types • International Assignment – components and rationale • International Transfer Policies • Q&A

  3. IA (International Assignment) On Company’s Request Follow Home Benefit Plan International Medical Insurance Temporary in Nature Short Term (STIA) – 4 to 18 months Long Term (LTIA) – 2 to 5 years IT (International Transfer) Long Term Career Plan in the New Location Follow Benefit, Payroll in the New Location IT Lump Sum IT Managed Move IT Local Plus IT Returnee IT Personal Relocation Types

  4. International Assignment • A long term international assignment is normally leveraged to fill a role with leadership talent to meet a long term business need that requires continuity of 2 to 5 years in the role to meet the objectives. • Business Drivers • Start-up of a function or the start up of a new location/new legal entity • A critical long term business initiative • Business turnaround • Relationship building with government • Talent Considerations • Establish or build a presence in a new location • Start or build a function in a new or existing location • Identify and develop local talent to be a successor • Gain needed experience and development to be positioned as a global leader

  5. Relocation Assistance Visa Assistance Destination Service Househunting Trip Settling Assistance Household Goods Shipment Storage at Home location Temporary Housing (60 days) Tax Assistance Repatriation Assistance Assignment Related Allowances Host Housing Allowance Education Allowance Transportation Allowance Annual Home Leave Allowance Utility Allowance G&S Differential Miscellaneous Relocation Allowance (Equivalent to purchasing Power of USD 15,000) International Assignment BenefitAligned with home payroll and retirement plan. Global medical coverage. **Average Cost for a Tier (1) 2-year LTIA – USD 1,500,000

  6. Features This is an employee-initiated move for personal reasons. Employee is responsible for all expenses related to the transfer. Benefits Visa Services Tax Services IT Personal Move *** Estimated cost for IT Personal Move – USD 6,000 to USD10,000

  7. Features Employee manages all other assignment related costs not included in the benefit Lump sum relocation allowance provided to offset costs incurred while moving Allowance amount is a factor of family size and base salary of new position. Benefits Tax Services Visa Services Enroute Travel Optional (If approved) Destination Service (house hunting trip) Temporary Living up to 30 days IT Lump Sum Move ***Average cost – USD 12,000 to USD 25,000 + lump sum

  8. Features More expensive option than IT Personal Move or IT Lump Sum A company managed move Extended benefits & reduced relocation allowance Benefits Destination Services including look-see trip House lease cancellation reimbursement (Home Location) Loss from sale of automobile in Home Location Shipment – Air & Surface Temporary living up to 60 days Enroute Travel Tax Services Visa Services Relocation Allowance of USD 7,500 IT Managed Move ***Average Cost – USD 100,000

  9. Features Used for returning citizens Have been away from origin country for at least 3 years Long term career plan in host location Transition support Declining allowances for 2 years (100%-50% of allowance base) Benefits Allowance base: 50% of IA Housing, Utilities & Education    Housing and Vehicle assistance in current location Shipment – Air & Surface Pet shipment allowance (subject to approval and local regulation) Destination Services Temporary Living up to 60 days Relocation Allowance of USD15,000 (1 payment) Enroute Travel Tax Services Visa Services IT Returnee ***Average Cost – USD 350,000 to USD 450,000

  10. Localisation Policy • Only applicable to employees currently on assignment • Phased approach to provide financial support from assignee to local status. • Employee transfers onto local payroll and benefits. • 2 year localisation – 100% of assignment allowances in Year one/50% in year two. • 3 Year localisation – 100% of assignment allowances in Year one/66% in Year two and 33% in year three ***Average Cost – USD 750,000/1,200,000

  11. Features Used for Employees who are Non-citizenshired or transferred, on permanent basis Provide transition support On going Allowance for 3 Years Benefits Allowance Base – 50% of IA Housing, Utilities & Education, Home Leave Housing and Vehicle assistance in current location Shipment – Air & Surface Pet shipment allowance (subject to approval and local regulation) Destination Services Temporary Living up to 60 days Relocation Allowance – 2 payments of USD 15,000 on starting and 3rd anniversary day Enroute Travel Tax Services Visa Services IT Local Plus ***Average Cost – USD 750,000

  12. Relocation Policy Exception Process • Core benefits should not be removed or decreased (i.e. shipment of HHG’s, temp housing, lump sum allowance) • Cash in lieu of benefits is not authorized • Exception request: directto Relocation Leader for approval/denial

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