Coffee & Consulting: Best Practice in Secondment Package Creation

Long-term

Long-term Secondment Description • Secondment of the employee abroad for a limited period • Often for intra-group transfers • Associated with additional benefits based on secondment policy Payroll • In home or host country payroll and in the other country shadow payroll Example • An employee is assigned from the UK to Switzerland. • He receives a secondment contract. • During his secondment he receives the following benefits : • Tax advice • Housing budget • Reimbursement of school costs • Supplementary health insurance • Annual flight home Coffee & Consulting: Secondment Package Creation Working from home (teleworking) – what the future regulation will look like. – June 20, 2023 COPYRIGHT © CONVINUS 12

Virtual secondment Description • Taking on a temporary job abroad • Exercise of the task purely virtually from the previous home country • No relocation necessary • Occasional business trips to the place of secondment if necessary Compensation: • Usually no changes • Possible salary increase due to the new secondment • Continued social security and taxes in the home country Payroll • Home country • Possibly shadow-payroll in host-country Example • An employee of the Swiss company takes on a new project in Tanzania. • He can carry out his work completely virtually. • At the start of the project, the employee travels to Tanzania for a week to get to know his colleagues. • After that, he works exclusively for the project from his previous place of work. Coffee & Consulting: Secondment Package Creation Working from home (teleworking) – what the future regulation will look like. – June 20, 2023 COPYRIGHT © CONVINUS 13