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International Relocation

Articles on international relocation trends, policies and strategies.

Time to Take a Close Look at Your Data Privacy

Privacy Key

 

 

 

 

 

 

The General Data Protection Regulation also known as “GDPR” adopted in April 2016 and enforceable starting on May 25, 2018, is quite possibly the most important change in data privacy regulation in 20 years. So, what is this new regulation and how does it affect us?

 

The  GDPR is a European Union (EU) regulation  addressing data protection and privacy for personal information traveling in or through the EU.   In other words, this doesn’t only apply to organizations located in the EU, but all who transmit data from or to the EU. The GDPR aims primarily to give control to citizens and residents over their personal data and to simplify the regulatory environment for international business by unifying the regulation within the EU. The GDPR considers personal information to include any information about a real person, such as name, address, phone, email, websites, photos, medical information, birthdates, etc.

 

To be compliant, organizations need to provide evidence that personal data will not be shared with outside entities without the person’s consent.  Additionally, the individual must have the ability to opt-out of data sharing and be provided with free and accessible dispute resolution, from an independent recourse mechanism, should they feel their information is being shared unnecessarily and without their consent.

 

The GDPR also helps companies like XONEX provide our clients and their transferees with peace of mind that their data will remain safe in our hands.  As the concerns over privacy continue to grow, we anticipate more locations to require such assurances and remedies.  Therefore, we should be prepared to manage all data with the same scrutiny.  The GDPR compliance process is actually an excellent exercise to understand exactly what information is truly essential to assist your transferees or assignees, whether it is subject to the regulation or not.

 

The GDPR is backed up with stiff penalties for non-compliance. So, organizations committed to compliance must stay vigilant in their responsibilities.  Organizations found in breach of GDPR can be fined up to 4% of annual global turnover or €20 Million (whichever is greater).

 

As this extremely important regulation is about to come to fruition, it’s time to understand what steps should be taken.   Ask your relocation management company to provide you with an overview of the steps they are taking to ensure compliance.

 

Do you have any questions or concerns about the GDPR? If so feel free to contact your Chief Data Privacy Officer or your Relocation Management Company to determine next steps. As always XONEX is happy to review the steps we are taking to ensure compliance with you and help you understand this very important new regulation.

How to Celebrate Thanksgiving Abroad (Thai Style)

With the holiday season upon us (as crazy as that may seem), I know we are all excited to spend time with family and enjoy our favorite traditions. However, in our industry, we know that not everybody will be able to indulge in homethanksgiving in thailand country festivities. Many people are preparing to spend the holiday season abroad. The expat holiday experience is a unique one and with Thanksgiving just a week away, I wanted to revisit a story from my first year at XONEX, the same year that a good friend of mine spent her first Thanksgiving in Thailand as an expat.

How to Make the Most of Your Global Mobility Program

Let’s face facts: the majority of today’s relocating population fall into the millennial category. This generation is more open to the idea of not only relocating for the right job, but relocating abroad for said job. This fact, coupled with today’s perceived talent war/scarcity, is one of the reasons it is vital for companies to offer quality global mobility programs and it’s important to address both the needs of the employee (of course) as well as the company as a whole. Global programs require extra attention as you’ll need to consider tax and employment law compliance in addition to the standard relocation benefits.

Three Repatriation Challenges HR Must Conquer

Last week, we spoke about addressing culture shock once your employee arrives in their new international location. This week, I want to talk about bringing them home.

One of the biggest mistakes a company can make regarding relocation is assuming that an international assignment is complete once the employee returns to the home country. In many ways, it is at this exact moment that HR needs to step in with gusto. A repatriation program is a vital step in the process that should not be taken lightly. When you consider that companies spend millions of dollars on global assignments, wouldn’t you say it’s worth it to ensure they stick with you upon return?

Does Your International Relocation Policy Address Culture Shock?

Greetings from France! I am currently traveling through Europe on my honeymoon (don’t worry, this post was pre-scheduled) and so in honor of my international adventure, I thought I’d revisit an oldie but goodie post from my library. With the growth of global mobility, it’s going to be key to make sure that you address and mitigate potential issues before they arise. One of those issues being … culture shock.

One of the greatest challenges that transferees face during an international relocation or assignment is the culture shock. A change in culture has a major impact on nearly every aspect of a person’s life including both professional and personal. It’s important that your international relocation policy provides proper training to help assignees adjust to local customs and ensure success in both the position and the relocation as a whole.

A Short & Sweet Brexit Update

We all remember last summer’s big Brexit news. Well it’s far from over. Now that 2017 is in full swing, it’s time to take a look at the UK housing market and the impact that Brexit may have moving forward. If you have employees relocating to the UK and/or employees already on assignment in the UK, it’s important to take notice of the market for renters and homeowners alike.

Happy Thanksgiving!

Happy Thanksgiving from us here at XONEX to you and yours! Thanksgiving is a time to be grateful for what we happy-thanksgiving-pnghave and to help those that may not have quite as much. It is also a time to feast and over indulge on traditional meals and desserts.

 
But being in the relocation industry, we know that not everybody will be home for the holidays this year. Some of your expats may be trying to celebrate and honor their American traditions abroad while others will be embracing their new culture and making compromises. Either way, we hope that your transferees, whether at home or abroad, will enjoy their holiday season in their new surroundings as well!

Brexit and Global Mobility

It’s an obvious fact that Britain’s vote to leave the EU will have repercussions here in the states. We are already recognizing an impact on US mortgage rates, and though there is still quite a bit of uncertainty regarding how the decision will impact HR, most companies foresee some major issues in the realm of talent retention and definitely global mobility. The largest implications in terms of mobility will undoubtedly include both household goods management and visa/immigration.

Five Ways to Celebrate the 4th of July Abroad

 

It’s easy to get swept up in the fun of Fourth of July celebrations here in the states. Who doesn’t love a day off and a BBQ with fireworks to top it all off? But it’s important to consider your Fourth of Julyemployees who may find themselves out of the country during a purely American holiday for the first time. Many expats will face a common challenge this year: How can they celebrate Independence day without coming across as culturally insensitive in their new home? As an assignee, it’s important that your employee considers their surroundings when planning any sort of celebration.

Happy Fourth of July!

 

Happy Fourth of JulyWe just wanted to take a quick moment to wish you all a happy, fun, and safe Fourth of July weekend. While we’re all excited about BBQs and fireworks over here, I can’t help but think about the transferees who recently relocated abroad and will be missing out on this wholly American holiday. Then I started thinking about how difficult it can be to celebrate any holiday in a foreign country with different cultural views, traditions, and lifestyles. Luckily, there are tons of resources to help expats adjust.

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MIKE CANNING
VP, Client Services

RICK CALANNI
VP of Business Development Northeast Region

 

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