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Case Study

Increasing Agility and Tackling Salary Adjustments with Topia

The Challenges

  • Creating a tailored assignment package for an employee would
    often take a month or more due to the custom nature of packages and the manual effort required
  • Calculating local gross salary (U-calc) required a two-step calculation by Big 4 and was complicated by currency fluctuations in host country
  • Reliant on mobility team to track down data points from the HR team to complete the calculation
  • Heavily manual and iterative internal processes due to the custom nature of assignment packages

About Investment Bank

  • 400+ active assignments annually
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The Results

  • Initial offer letter generated in one day automatically by the platform
  • Elimination of multiple manual processes, freeing up mobility team time for other tasks - returning ~16hrs per assignee back to the mobility team
  • Automate local gross salary calculation, fixing exchange rate challenges and eliminating the need for offline Big 4 calculations
  • Reduced time to initial relocation offer down from one week to one day
  • Savings of $1,000+ in outsourced calculation fees per assignee
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