Diversity, Equity and Inclusion (DE&I)
DiversityJobs.com Top Diversity Employer
SIRVA Is pleased to announce that we have been named a Top Diversity Employer by DiversityJobs.com. This award was given to a select group of employers that have shown consistent dedication to recruiting and hiring from all diversity groups.
Useful Resources
SIRVA’s Commitment/Mission Statement
At SIRVA, we’re committed to cultivating a workplace and an ecosystem that reflects the diversity of the global organisations that we serve. We recognise that building an inclusive, engaged company culture results in empowered employees that reflect a wide range of approaches and perspectives. Those perspectives lead to new ideas. New ideas lead to innovation and excellence. Our approach to diversity, equity and inclusion is driven by a commitment to these values and a belief that diversity makes our company stronger.
Ricky Aow
Sales & Account Management Business Analyst (Victoria, Australia)
This industry attracts passionate, down-to-earth people from diverse backgrounds, many of which who have been in the industry for 10, 20, 30+ years. I have a marvellous manager, who regularly takes time to update me, I enjoy the flexibility and challenges of the work. The business leaders are personally invested, dedicated, and bring energy and commitment to the team. Recently I was chuffed when a leader from a different business unit nominated me for a STAR award. The thing I treasure the most is the friendships I have made at SIRVA; friendships and memories that I will cherish
SIRVA's Employee Resource Groups (ERGs)
ERGs are employee-led, self-directed voluntary groups that offer opportunities to network internally, to attract a diverse employee base, to provide the inclusion of ideas and solutions, and to create opportunities for mentoring and career development.
SIRVA is proud to announce the formation of our first two Employee Resource Groups!
DEN –The Diverse Employee Network (People of Colour)
Mission: SIRVA People of Colour Employee Resource Group (ERG) is open to all employees. The ERG aims to advance a diverse and inclusive work environment with a particular focus on people of colour. Working with a dedicated network of diverse professionals, the ERG undertakes activities to attract, retain, empower and inspire employees of colour. These efforts are geared toward helping members gain leadership experience, get involved in the SIRVA community and develop new ideas to help drive SIRVA forward.
SOL – SIRVA Out Loud (LGBTQ+)
Mission: Our mission is to create a safe and supportive space for LGBTQ+ SIRVA team members and their allies to thrive and be celebrated, so that we can provide advocacy for equity and an inclusive experience in all settings.
Recruiting & Outreach
- Internships
- Recruiting
- Partnerships
- Corporate Presence
Organisational Development
- Engagement
- Performance
- Promotions
- Pay Equity
Mentorship
- Career Development
- Interest Groups
Education & Training
- New Hire Onboarding
- Inclusiveness
- Standards & Training
Harriet Kwawukume
Client Finance Team Lead (Prague, Czech Republic)
“Being part of the SIRVA family has been a marvellous experience in my career growth. Having joined the finance team and getting to encounter the diverse multicultural environment has been great. SIRVA helped me to develop as an Analyst by investing in my skills and potential and bringing out the best in me and I’m currently leading one of the teams in finance. I foresee an empowering future here and I look forward to it!”
Mobilising Diversity: Customer Stories
Building and Leading Equitable and Inclusive Talent Management
Diversity, equity and inclusion (DE&I) is ever-evolving. There is no one-size-fits-all approach. In this three-part series, you will hear from three of our clients (Kia Engines, Ardent Mills and HPE). Our clients all have expertise in mobility and are helping change the landscape for DE&I efforts; they will share their stories as an effort to help other organisations learn from peers on how DE&I intersects with mobility and talent management.
Global Compensation and Reporting
The Benefits of Partnering with SIRVA
Organisations have choices when it comes to addressing global compensation, reporting, and accounting. At a time when cost savings and projections have been more important than ever to mobility teams, it’s important to consider these options wisely. When outsourcing, is it best to partner with a tax firm for compensation services or is seeking an end-to-end solution with SIRVA a better option? The information that follows explores why, for some companies, partnering with us could be a significant advantage.
Tax Firms or SIRVA
When it comes to taxes and accounting, a tax firm’s core competency is compliance, specifically in the areas of preparing tax returns, tax planning, and consulting. SIRVA, however, can offer expertise that these companies can’t – because our core competency revolves around the coordination of relocation services. Because our platforms are built specifically around mobility needs and our services are available and managed end-to-end, we can draw direct connections between compensation, mobility functions and norms, reporting, and future spend projections. Future spend projections result in an organisation’s ability to make better decisions in the long run; for example, our robust budget-to-actual reporting provides our clients with a more comprehensive view of their actual mobility spend, making it easier to make decisions that are better aligned with company goals, now and in the future. By partnering with SIRVA, our clients benefit from two important outcomes: fewer administrative burdens on internal teams and significantly reduced costs.
Partnering with a Tax Firm
There are a host of issues organisations need to consider when partnering with a tax firm on compensation and reporting. Depending on the organisation’s size, the complexity of their policy, and how much control they want to have over certain aspects of their mobility programme, such partnerships can even prove to be problematic because the partnership ultimately results in the creation of an intermediary between the business and its supply chain. When not managed ‘end to end’, timely troubleshooting and integration can be difficult to accomplish, along with the real-time transparency that is necessary for thorough reporting and assessment. Important operating steps can be missed when using this model.
Other disadvantages associated with using a tax firm for global compensation and reporting include:
Unexpected Out-of-Scope Costs
In addition to tax preparation, tax briefing, and contractual fees, tax firms typically charge ‘out-of-scope’ fees related to:
- Out-of-cycle balance sheet updates and/or unscheduled cost of living (COLA) changes to payroll instruction
- Manual payroll reporting versus posting data in their specified, required format (via tax provider eRoom) during compensation accumulation
- Compensation reconciliation activity
- Missed client reporting deadlines or the sending of incomplete data (Clients are charged hourly when tax firms must follow up)
Speed and Service
Because relocation coordination isn’t a tax firm’s core competency, this can equate to issues with both timeliness and customer service. Since no financial transactions can be processed by the tax firm, they will have no resident data in their systems. As a result, the firm must undergo a lengthy process to collect 100% of the data needed for processing tax returns.
Additionally, the tax firm operating model and client satisfaction scores are traditionally built around servicing tax returns and not around answering client communications or questions about compensation. This can result in a fragmented experience for the corporate client and corporate payroll groups.
Reason to Partner with SIRVA
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Partnering with SIRVA
When partnering with SIRVA on global compensation and reporting, clients experience several benefits:
Reduced Fees
When organisations use SIRVA as an end-to-end provider, rather than just managing distinct aspects of their global compensation in-house, there are no fees associated with the partnership. Fees that are typically considered to be ‘out-of-scope’ for tax firms are part of SIRVA’s standard compensation administration and compensation offerings.
Cost Savings
By partnering with SIRVA and using our global compensation and budget-to-actual reporting services from end to end, organisations can save on both hard and soft costs: internal teams are freed from compensation-associated activities, allowing them to focus on other organisational priorities and assignee-/transferee-related issues.
Integrated Expertise / A Total Mobility Solution
SIRVA offers global mobility support with a core competency in international assignment compensation services and expertise in all areas related to international assignments. In short, we employ teams that are dedicated to every phase of international assignments and that also take on related administrative tasks.
Service and Speed
When an organisation is a SIRVA client, the majority of data needed for tax returns and reporting has already been processed and is stored within our existing platform. This means SIRVA already possesses more of the real-time data needed for reporting purposes. It also means that we can spend less time hunting down any data that may be housed outside of our organisation. Additionally, SIRVA account managers are already in place, ready to answer questions and provide the customer service our clients rely on. Our goals and performance are driven by a customer-service-incentivised model.
Global compensation, data collection, and the kind of robust reporting that guides future decision making are important business priorities. To find the most efficient solution, stakeholders should examine a variety of factors, including data security, the importance of integrated mobility and reporting functions, and the potential impact data collection could have on future alignment between business decisions and organisational goals. For many companies, partnering with SIRVA is the right answer.
For more information on SIRVA’s global compensation and budget-to-actual reporting capabilities – and how these services can benefit your company, please contact us at concierge@sirva.com.
Contributors:
Elaine Baker, SVP Strategic Accounts and Global Support Services
John Zanni, SVP Sales
Sean Raney, SVP, Global Compensation and Payroll
Lisa Marie DeSanto, Content Marketing Manager