Page 14 - WERC Mobility - December/January 2022

INDUSTRY HIGHLIGHTS

organizations, and it merges pre-travel assess- says Brooke Caligan, head of benchmarking
ments with downstream service initiation for at AIRINC. “We’re seeing mobility programs
CIBTvisas and Newland Chase. offering a personal and consultative approach to

truly deliver the best customer experience.”
AIRINC AND BENIVO RELEASE The report includes:

REPORT ON FLEXIBILITY IN • The need for flexibility in mobility.

GLOBAL MOBILITY • How companies are increasing flexibility for

the business.
• Ways to increase flexibility for the employee.

• The pros and cons of flexible approaches.

The full report may be downloaded at air-inc.
com/library/flexibility-in-mobility-survey.

WALLETHUB RELEASES CORPORATE
TAX REPORT
With U.S. President Joe Biden’s social spending
bill having proposed a minimum 15% corporate
tax rate, the personal-finance website WalletHub

12 released its latest Corporate Tax Rate Report and
expert commentary.
worldwideerc.org 2020 federal, state, and international tax rates paid
The report provides an in-depth analysis of the

by the S&P 100 companies, the largest and most
established businesses in the U.S.
Key stats include:

• The overall tax rate that S&P 100 companies
pay is around 20%.
• S&P 100 companies pay roughly 44% lower
Mobility is increasingly turning to flexibility to rates on U.S. taxes than international taxes.

enhance the customer experience. A business • Most tech companies, including Adobe Inc.,
wants the ability to offer packages attracting the Oracle Corp., and Microsoft Corp., are still pay-

AROUND THE WORLDWIDE ERC ® experience is more important than ever. • Nine S&P 100 companies—Wells Fargo & Co.,
ing more than 3% lower rates abroad, continuing
best talent for the role, and mobility is seeking
to reduce exceptions and negotiated packages.
the trend from 2013, 2014, 2015, 2016, 2017,
Simultaneously, the need for a positive employee
2018, and 2019.
Salesforce.com Inc., AbbVie Inc., Duke Energy
AIRINC and Benivo’s new 2021 benchmark
Corp., Adobe Inc., Broadcom Inc., International
study explores why and how organizations are
Business Machines Corp., Medtronic, and
looking to create adaptable mobility policies. The
General Electric Co.—are actually paying a
study analyzes responses from 168 leading organi-
zations from across the globe, representing several
negative overall tax rate and are therefore due a

discrete net tax benefit.
industries including high-tech, manufacturing,

financial and professional services, oil and gas,

lower tax rate than the top 1% of consumers.
consumer goods, and life sciences.

“The survey results showed us that flexibility
The full S&P 100 tax rate report is available at

wallethub.com/edu/corporate-tax-rates/28330.
doesn’t just mean core-flex or tiered policies,” • The average S&P 100 company pays a 44%