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global mobility

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.

Real Estate Round Up

Ever since I began working in the relocation industry, I’ve had a deep fascination for all things real estate. Makes sense if you think about it, right? We help transferees move all over the world! Selling and buying (or renting) a home is obviously an integral part of the relocation process and so I like to keep up on real estate trends both in the country and out. I typically like to choose one specific topic to share my take on but this morning, during my daily scour of the New York Times, I found too many great articles offering amazing advice and insight. So rather than share my take on one, I’ll just share the articles themselves.

Top 50 Relocation Questions: Part 5 of 5

Today is the day! Part five of our five week series to go over the 50 most common questions we receive from transferees and the answers that we provide on a regular basis. This week, to close out the series, it’s time to go over questions 41-50.

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.

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.

HR Interview: Global Mobility

Frank Schuitema is the Director of Global Compensation for International Flavors & Fragrances Inc (IFF) in New York, New York. IFF is a leading global creator of flavors and fragrances used in a wide variety of consumer productsFrank Schuitema to millions of customers globally on a daily basis. Frank is responsible for the design, implementation, planning and administration of all non-executive compensation programs including job evaluation, benchmarking, market reviews, salary structure and variable pay and the administration of executive compensation programs. He also oversees the management of the global mobility program for IFF.

Happy Thanksgiving!

 

Happy Thanksgiving from us here at XONEX to you and yours! Thanksgiving is a time to be grateful for what we Happy Thanksgivinghave 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!

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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