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global mobility

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.

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.

Does Your International Relocation Policy Address 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.

Six Important Practices for Inpat Relocations

In case you missed it, last week the Wall Street Journal ran an article titled, “Companies Tiptoe Back Towards Made in the U.S.A,” that discussed how some companies are reconsidering the U.S. as a manufacturing hub for their products. I must admit, I was smiling to myself as I read the piece. Ever the patriot, I would personally love to see more Made in America labels. Today, finding American-made products can be too great a challenge for a country that was built on a manufacturing platform.

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