Trends in Global Relocation Assignments:
In a fast changing global economy, where the pace of globalization is accelerating exponentially, world-class planning for a globally mobile workforce is the key to success. Increasingly, companies and nations realize that they must produce and attract the right workforce from all over the world and retain it. This places new pressures on human resource professionals to develop international competencies and become strategic partners in the management of global business.
One major trend is that firms everywhere are relying less on high-cost traditional expatriate assignments and more on short-term assignments, extended business trips and cross-border commuters. The popularity of off-shoring to “low income” countries and cross-border joint ventures has also meant more short- and medium-term relocation assignments.
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In a fast changing global economy, where the pace of globalization is accelerating exponentially, world-class planning for a globally mobile workforce is the key to success. Increasingly, companies and nations realize that they must produce and attract the right workforce from all over the world and retain it. This places new pressures on human resource professionals to develop international competencies and become strategic partners in the management of global business.
One major trend is that firms everywhere are relying less on high-cost traditional expatriate assignments and more on short-term assignments, extended business trips and cross-border commuters. The popularity of off-shoring to “low income” countries and cross-border joint ventures has also meant more short- and medium-term relocation assignments.
Want to Learn More?
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