1. Rackspace Lump Sum Policy
Evette Ybarra, The Relocation Gal

2. 100 53% We Serve 300,000+ 6,000+ Rackers 9 Worldwide Data Centers
About Rackspace
Global Footprint Customers in Countries
Annualized Revenue
Over $1.7B
53%
100
OF THE
We Serve
FORTUNE®
300,000+
Customers
110,000+ Servers 45,000+ VMs ≅70 PB Stored
6,000+ Rackers
9 Worldwide Data Centers
Portfolio of Hosted Solutions Dedicated - Cloud - Hybrid

3. About Rackspace
Founder OpenStack®
Open source software for building private and public clouds
A Leader in the Magic Quadrant for Cloud Enabled Managed Hosting, North America and Europe
Named a Top Performer for Hosted Private Cloud by Forrester Research Inc. in “The Forrester Wave™: Q1 2013

4. To be recognized as one of the world’s great service companies.
Our Vision
To be recognized as one of the world’s great service companies.
What will guide us in this new era is what always has: our vision of becoming one of the world’s great service companies by adapting and expanding Fanatical Support.

6. Global Relocation Packages
How Lump Sum Applies to Policies
UK Relocation Package
Relocation is offered to critical skills external hires only. Rackspace provides a fixed lump sum for all moves equally.
US Relocation Package
Relocation offered to both internal and external hires. Tiered relocation policy approach, based on salary level. Lump sums included in each package are a fixed amount with a cap.
Permanent Relocation Package
Relocation is offered to Rackers applying for a local position in another country. Lump sum is a fixed amount with a cap.
Short Term Assignment
3 months- 1 year
No lump sum is offered for short-term assignments, instead they receive per diem.
Long Term Assignment
1 year – 3 years
Relocation is offered for all long-term assignments. Lump sum is a fixed amount with a cap.

7. Relocation at Rackspace
In 2014, 342 moves total Domestic and 83 International.
Movement to and from Israel, United Kingdom, Hong Kong, Australia, Switzerland, Untied States, and Mexico.
Our goal is standard policies and practices, address compliance and risk while still allowing flexibility to meet changing business and Racker needs.
Packages are consistent and fair to Racker.
Limits exceptions.
Providing a lump sum allows the Racker flexibility to use the funds as they see fit.
The challenge we are experiencing today with a lump sum approach is different countries have different tax rules.
Rackspace recruits on talent brand, so there is less need for rich relocation packages.