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Monthly Archives: June 2015

Repatriation and Retention Lessons from FEM

Recently I attended the Forum for Expat Management 2015 NYC Roadshow. What an exciting buzz with many people in attendance from both the corporate and supplier side of global mobility! Everywhere I looked people were gathered together either at a roundtable event, a session, a supplier booth, or just in groups chatting about global mobility. One of my favorite panel sessions was “Repatriation, Localization, or Redeployment – Exploring the Best Succession Plans to Retain Top Talent.” The panel, moderated by Brian Friedman, Founder, FEM included Tricia Schneider, Director of Global Mobility, American Express; Melissa Sudano, Director of Global Mobility, CA Technologies; and Patricia Tavares, Global Mobility Regional Head – Americas, HSBC. Their combined expertise left me with several lessons but, today, I wanted to share some thoughts on repatriation and retention specifically.

Free EBook: 2015 Housing Market Breakdown

Remember a few years ago when there was no one to buy a home? Well, today, things are different. Instead of a lack of buyers, there is a lack of supply. At the same time, with fewer people able to buy due to lack of inventory or financing, more people are renting. Consequently, rental rates are skyrocketing around the country making it difficult for first-time buyers to save – or, in our world, corporate transferees to find short-term housing.

Lack of Supply Haunts the Housing Markets

Pursuant to our last post, and as a lead up to our next EBook, today we wanted to talk about the big, not so subtle elephant in the housing market: a lack of supply. According to Zillow, the lack of new supply is squeezing renters and buyers by keeping housing costs high. In fact, U.S. renters can expect to spend 30.1 percent of their income on rent, while home buyers can expect to spend about 15.3 percent of their monthly income on a mortgage payment.

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MIKE CANNING
VP, Client Services

RICK CALANNI
VP of Business Development Northeast Region

 

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