Mitigating Risk & Managing Compliance

Increasing complexity and more onerous regulations affecting domestic and international mobility require enhanced compliance planning, internal controls and program management. Through a forward-looking approach, mobility leaders can effectively navigate the changing landscape.

The impact of ever-changing rules and regulations create significant challenges for mobility leaders and their organizations. Moreover, the consequences of non-compliance – while unintended – can be vast and long-lasting. Knowledge is power in planning for, adhering to, and managing through the varied regulations surrounding immigration requirements, data security and compensation and tax matters.

Navigating the compliance labyrinth requires:

• Deep understanding of the many stakeholders who affect an organization’s compliance, from talent management and mobility functions to the travel department; finance functions like payroll, internal and external tax; auditors; information security professionals; and transferring employees and business travellers themselves
• Rigorous focus on compliance requirements and local regulations as well as strong relationships with experts who can advise quickly about changes in protocols or laws
• Integrated and transparent systems and tools that allow for real-time views of employee data including cost estimation, immigration liability, visa and work permit renewal dates, taxable benefits and tax fulfillment
• A partner that stays ahead of technology threats to both client and employee data, with a focus on enhancing the security posture at every turn
• A holistic view of every dimension of the mobility program to ensure wing-to-wing compliance
• A comprehensive risk management solution for extended business travelers

BGRS’s team of global financial services, compensation, immigration and business travel, and information technology security experts work as a seamless extension of our clients’ teams to answer the critical questions and conduct due diligence that reduces risk and exposure and manages compliance. Our teams provide a clear and current line of sight into anticipated spend, regulations, documentation and reporting requirements, tax implications, data protection and information security, and guidelines for the employee.