The global solution for human resource professionals, combines custom research, strategic white papers, country primers, webinars and OnDemand educational programs, and the expert guidance...
By Rick Vollmar
June 1—Employers with expatriate employees have largely mastered the operational aspects of international assignments and are now focusing on better aligning these assignments with overall corporate strategy, a new study from mobility consultant AIRINC has found.
According to AIRINC's 2016 Mobility Outlook Survey, well over half (56 percent) of companies surveyed reported an increase in their foreign-assignment population in 2015, continuing a steady increase since the study was begun in 2012. (The number of companies reporting growth dropped slightly in 2016—to 52 percent—largely due to contraction of the assignment population in the oil and gas sector.)
The types of assignments showing the strongest growth are long-term one-way transfers and locally hired nonnationals, which tend to be simpler to administer and less costly than limited-term assignments. AIRINC also found that although host-based compensation policies are growing in popularity, home-based balance-sheet approaches still account for the majority (77 percent) of plans.
While the principal criteria currently applied to expatriate assignments are operational excellence and providing assignees with overseas experience, employers say that going forward they will place greater emphasis on aligning assignments with the organization's overall strategic goals and assuring the best match between assignment and assignee.
To contact the reporter on this story: Rick Vollmar at firstname.lastname@example.org
AIRINC's 2016 Mobility Outlook Survey is now included in the Perspectives section of our product.
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)