Know the cost of an assignment before you decide.
premote produces a full cost projection and a balance sheet with the expected host-country net salary for every assignment. Salary, tax, allowances, housing, relocation and travel sit in one overview, without costly index data and without weeks of waiting for external calculations.
- Every assignment cost in one projection
- Balance sheet in home and host currency
- No subscription for cost index data
Trusted by HR & global mobility teams
Every cost line of an assignment.
Budget gaps appear when estimates from different sources don't add up. premote brings every line together in one projection.
Salary & bonus
Host-country gross salary and additional bonus payments.
Tax & hypotax
Tax obligations in the home and host country, including hypothetical tax.
Allowances
COLA, hardship and mobility allowance, determined by premote or set by you.
Housing
Host-country rent and temporary accommodation on arrival.
Travel & transport
Flights and transport in the host country.
Family
School fees and childcare for accompanying children.
Visa & immigration
Cost of visa, residence and work permit.
Insurance & benefits
Insurance and benefits during the assignment.
Relocation
Moving and relocation cost.
Budget clarity instead of estimates from three sources.
When leadership asks what an assignment will cost, HR needs a solid answer. premote produces the cost projection and balance sheet from the same case data the compliance assessment uses.
The cost is clear before anyone asks.
premote estimates every cost of the assignment: tax, allowances, insurance, benefits and relocation. Benchmarks for cost of living, rent, mobility allowances, flights, school fees and childcare are current and cover destinations worldwide. The result is one total in home currency that you can take straight into internal approval.
- Current benchmarks: for cost of living, rent, flights, schooling and childcare worldwide
- AI-assisted estimate: for tax, allowances, insurance, benefits and relocation
- One total: in home currency, ready for internal approval
Salary transparency before they say yes.
Using the balance sheet approach, premote shows the net salary the assignee can expect in the host country, with all tax obligations factored in and in both home and host currency. Expats, managers and executives see their financial situation before the start, and HR saves manual calculations and costly one-off advice.
- Expected host-country net salary, tax included
- Shown in home and host currency
- For expats, VIP cases, managers and C-level
Current market prices instead of costly index subscriptions.
Cost index data comes with yearly licence fees and often reflects only half-yearly snapshots. premote works with current market prices. You start with the details you already have and adjust the parameters at any time when salary, duration or destination change.
- No annual subscription for cost index data
- Current prices instead of half-yearly snapshots
- Parameters adjustable any time, the projection recalculates
Cost, compliance and approvals in one record.
The cost projection and balance sheet sit in the same record as the compliance assessment, the tasks and the approvals of the assignment. Whoever decides on the assignment sees cost and risk together.
- Compliance assessment in eight areas in the same record
- Cost as the basis for approval
- Phases, tasks and approvals per entity
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Johannes Hillebrandt · Co-Founder & CEO @premoteFrequently asked questions about cost projection & balance sheet
A cost projection estimates every cost of an assignment: salary, tax, allowances, housing, relocation, travel, visa, insurance and benefits. premote brings every line together into one total in home currency.
The balance sheet compares the home-country net salary with the expected host-country net salary. Under the balance sheet approach the assignee stays financially at home-country level. premote shows the result with all tax obligations in home and host currency.
No. premote works with current market prices for the destination. A separate subscription for cost index data is not needed.
Yes. For COLA, hardship and mobility allowance you choose per line whether premote determines the amount or you enter your own amount from your policy.
You start with the details you already have and adjust the parameters at any time. When salary, duration or destination change, premote recalculates the cost projection and balance sheet.
Hypothetical tax is the tax the assignee would have paid at home. It feeds into the balance sheet. More in the wiki article on hypotax.