Lump Sums
Lump sum benefit offerings have become popular across the spectrum of assignment types: long-term, short-term, permanent and domestic, and are seen as a way to increase flexibility to the employee and business, and reduce administration. Some of the uses include, but are not limited to:
- House-hunting trips (home finding)
- Final move / relocation travel
- Temporary living
- Flexible budgets for employees
Regardless of the use, lump sums minimize the time spent managing and reimbursing expenses while providing maximum flexibility to employees.
Leverage AIRINC’s industry-leading data sets to create a custom Lump Sum Calculator to fit your organization’s policies and objectives.
The Lump Sum Calculator helps you:
- Find data for domestic and international calculations – airfare, meals, transportation, accommodation, and shipping
- Provide additional flexibility to employees through well-defined cash allowances
- Reduce administrative burden of researching and calculating allowances
- Ensure consistency across your organization
- Access lumps sums online or via our web service
Create Lump Sum Payments Specific to Your Program
- Create lump sum policies that align with your policies and practices
- Suite of data – use AIRINC’s readily available data and assumptions or configure assumptions and data
- Access your lump sums online or via web service
What does the Lump Sum Calculator look like?
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