Make sure to check out our latest Newsletter featuring contributions from Interculturalist Professor Geert Hofstede, ArcelorMittal, and Magellan Network:
NetExpat is proud to announce the launch of the largest and most comprehensive partner/spouse survey in global partnership with EY. We will survey close to 500 corporations, gather critical benchmark data and survey thousands of expats and relocating partners. Participating corporations will have the unique ability to leverage this insightful data to benchmark their own partner/spouse policy parameters. This survey will be launched at the end of February, with preliminary results presented in May, and the final report available in September 2017. If you are interested in participating, let us know at .
Global mobility was on the agenda at breakfast time on January 31st. Over 20 global mobility professionals, representing eight leading oil and gas corporations, joined us at our Best Practice Breakfast session in Houston last week. The lively and interactive discussion was centered around industry trends and provided guests with a great opportunity to exchange perspectives on the global mobility and talent management industries. NetExpat hosts regular best practice events around the globe, join the discussion and check out our current schedule on our website.
No question that 2017 will hold a few surprises and challenges for all of us in international mobility. The global impact of Brexit, the new US administration, and further pressure due to the war for mobile talent are just some of the issues that foreshadow what the next 12 months will mean for international mobility.
We have started surveying some of the 400 multinational corporations we are working with to see how they are expecting 2017 to unfold. While the full report will be documented in a future NetExpat publication, here are a few insights to feed your own thinking:
1. Growing tensions in international relations: what will be the fall out of the new US Presidency and Brexit on international relations? If we are heading towards more economic barriers and a less open world, no doubt that talent mobility will suffer from stiffened immigration rules, stimulating the war for international talent. Will the protectionism of some nations stimulate the opening of others? Will this further boost the urge to develop regional / local talent?
2. Deeper impact of new technologies: corporations are finally leaving the nightmares of obsolete IT platforms to engage in new technologies allowing them to properly administer their mobile workforce from selection to repatriation. However, technology is not only transforming the way mobility is administered, it is also deeply transforming the whole mobility experience. As an example, it’s been 4 years now since NetExpat launched its NetExpat Community - just look at the dramatic changes that the largest social media platform for partners has induced! Thousands of relocating partners from all around the world are now connected through the NetExpat Community and are given the opportunity to meet other partners like themselves virtually and face to face. The NetExpat Community and its technology has completely transformed the sense of isolation for these partners into a sense of belonging. No doubt 2017 will bring us further technologies to offer a better experience to each mobile employee and their family, along with a more transparent, better cost-controlled and more compliant mobility.
3. Cost pressure: interesting to see how cost-cutting will evolve in 2017 as corporations have more cash now in 2017 than in 2016. As we see a further tightening of the war for mobile talent, will your company start to invest in its mobile talent pipeline again to grow its future value or sit on its cash in 2017?
Make sure to read our future 2017 Insight articles to discover what some of the most seasoned international mobility and talent experts predict for 2017.
Relocating can be stressful. However, anticipating some of the ways in which relocation might be challenging and thinking through some possible coping strategies can go a long way to helping you to manage the transition positively and effectively. Here are some tips you might find useful: