Clawbacks or golden handcuffs

Financial penalties are one way to lock in employees on international assignment, but carefully structured bonuses are an easier sell to potential expats
By Stephen Cryne
|Canadian HR Reporter|Last Updated: 09/07/2004

When an employee is relocated or assigned, one of the greatest risks to the employer’s operation is that the person will leave for greener pastures. And in a tight labour market for specialized skills, employers are looking for innovative ways to keep people on the team.

It’s not unusual for an employer to spend tens of thousands of dollars on moving an employee. According to the Canadian Employee Relocation Council’s (CERC)

2003 Employee Relocation Policy Survey