The term LOCALIZATION refers to a modification of the actual contractual conditions, which may occur after a first period (e.g. 5 years) of Temporary Assignment in the same country.

It results in a transformation from the status of “assignee” to local employee through termination of the existing working relationship with the Home Company and the start of a new employment contract with the foreign Hiring Company, where the Assignee was working, with additional benefits compared to local employees (“local plus”) such as cost of living allowance, settling-in allowance, accommodation.

The local base salary is determined based on the local labor market, as well as the laws, the collective-bargaining agreements and the practices found in the foreign Country.

The public and supplementary social-security systems of the Country in which the new place of work is located will apply, with all social-security obligations and procedures in the Home Base Country ceasing (apart from Italian employees hired in Countries with no social security agreement with Italy. In this case, Italian social security scheme applies, in compliance with the provision of the law n. 398/87).

The term LOCALIZATION refers to a modification of the actual contractual conditions, which may occur after a first period (e.g. 5 years) of Temporary Assignment in the same country.

It results in a transformation from the status of “assignee” to local employee through termination of the existing working relationship with the Home Company and the start of a new employment contract with the foreign Hiring Company, where the Assignee was working, with additional benefits compared to local employees (“local plus”) such as cost of living allowance, settling-in allowance, accommodation.

The local base salary is determined based on the local labor market, as well as the laws, the collective-bargaining agreements and the practices found in the foreign Country.

The public and supplementary social-security systems of the Country in which the new place of work is located will apply, with all social-security obligations and procedures in the Home Base Country ceasing (apart from Italian employees hired in Countries with no social security agreement with Italy. In this case, Italian social security scheme applies, in compliance with the provision of the law n. 398/87).