As more companies embrace global mobility as a critical tool for developing top talent and pursuing new opportunities, our Consulting desk has seen increased requests for the best models and practices to streamline the complex management of global moves.
In response, we developed a diagnostic survey tool to help companies identify areas for program optimization, and invited corporate mobility managers to use this tool to determine where to improve their programs.
Not surprising, the one area that received the most focus is tax and payroll compliance—an admittedly slippery slope for most companies. The cumulative results of our survey, which are presented here, give greater insight into how much of an issue compliance risk is to today’s companies.
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Companies intent on post-recession growth need a mobile workforce agile enough to respond quickly to new opportunities and fill talent gaps across their organizations, according to the results of our latest survey.
Now in its eighth year, the Workforce Mobility Survey has become the definitive guide to emerging relocation trends and best practices. This year’s results reflect the input of approximately 220 corporate relocation managers and HR professionals at North American companies across all major industries.
The majority of survey participants acknowledge that workforce mobility remains critical to achieving business and talent development goals, with one-third expecting their mobility volume to increase over the next twelve months. Mobility is even more important among high growth companies, which, the study showed, not only relocate more employees (an average of 432 annual moves versus 280 for other companies) but are also more effective at leveraging mobility as a strategic tool to recruit, develop and retain key talent.
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Jennifer Connell, Director of our Americas Consulting practice, discusses the survey’s key findings, the importance of flexibility and agility to successful workforce mobility and the lesson we can all learn from high-growth companies when it comes to employee relocation.
It’s ten minutes packed with mobility news and statistics you can use.
I was recently interviewed for an article on the topic of divorce for Mobility Magazine, and it occurred to me that in 20+ years working in the global mobility industry, I have never been asked to approach this question from a strategic viewpoint.
Sure, there have been the one-off situations that needed a customized resolution, but from a policy perspective, discussions of divorce and death are typically taboo or an after-thought. No one really wants to think about these possibilities when considering an assignment.
Nonetheless, it is a subject that needs to be addressed when one considers that the number of marriages ending in divorce in the USA still hovers around 50%. Certainly the stats alone validate the need to address the issue formally.
There are many complications to divorce in general, and especially when a relocation or international assignment is in process. Here are some important factors to consider:
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Latin America has become a hotbed of talent deployment activity. But with great opportunities come equally great challenges. In this podcast, we’ll examine what the majority of respondents to our recent Latin America Mobility survey indicated as their greatest challenge: managing payroll and tax compliance for employees being relocated into this region.
Our subject matter experts include Andrés López-Llamozas, Manager of International Tax & Compensation, and Laura Levenson, Director of our global consulting practice.
You can listen using the audio player below, or by downloading the episode here.
There’s still time to add your voice to one of the industry’s premiere indicator of workforce mobility trends and best practices: Weichert’s annual mobility survey.
This year’s results will provide deep insight on such timely topics as domestic temporary assignments, flexible policies, capped programs and talent management, making it vital information for benchmarking your program against peer organizations and building a more competitive policy. By participating in our confidential survey, you’ll receive an advance copy of our findings.
We think it’s a valuable exercise for you and your company but don’t just take our word for it–check this video from our Director of Consulting:
Latin America has become particularly attractive for companies looking to go global. But with great opportunity comes equally great talent mobility challenges.
In an effort to equip today’s corporate relocation managers with the insight they need to overcome these hurdles, Weichert Workforce Mobility conducted a survey of approximately 90 global HR professionals across 11 industries to identify best practices for deploying talent in the LATAM region.
The infographic below provides a quick overview of the top LATAM destinations, the primary workforce mobility challenges our survey uncovered, and best practices and recommendations as identified by survey respondents.
This week, we proudly launched our 2014 Employee Mobility Survey. This annual survey is widely regarded as one of the most authoritative guides to workforce mobility trends, and has been quoted in a wide range of respected publications–from The Wall Street Journal to HR Magazine.
More importantly, its findings provide HR and corporate relocation managers with the actionable data they need to benchmark their policies against peer companies and build stronger, more efficient programs.
In addition to questions regarding home sale and home marketing, this year’s survey will dig deeper into emerging domestic mobility trends, including flex programs, temporary domestic assignments and cost differentials, to name a few.
To make the survey a success, we need your help. If you manage a corporate relocation program in the U.S. or Canada, we ask that you take a few minutes to add your valuable perspective. In return, we’ll provide you with a first-look copy of the results before they’re released to the general public, so you can gauge your program’s effectiveness against the practices of hundreds of your peers. We’ll also give you the opportunity to have the results filtered specifically to your industry group, for even greater insight!
The survey closes on March 31, 2014, and the higher our response rate, the more valuable the info. Thanks in advance for your participation.
Weichert Workforce Mobility is a proud sponsor of Worldwide ERC’s 2014 EMEA Global Workforce Summit, to be held February 11-12 in London. And in addition to sponsoring and exhibiting at the show, we’ll also be lending our subject matter expertise on EMEA mobility.
On Tuesday, our VP of Global Consulting Solutions, Ellie Sullivan, will participate on a panel entitled, “Talent Mobility – Alignment Strategies that Support the Talent Agenda” along with SMEs from Reckitt Benckiser and Cisco. Our VP of EMEA Business Development, Andreas von Strachwitz, will serve as moderator.
This session will offer two best practice case studies to illustrate how progressive, high performing companies are leveraging workforce mobility to drive their talent management goals and workforce strategy. Topics will include how Reckitt uses “readiness” factors to identify mobile talent and how mobility fuels the company’s learning and development objectives; and how Cisco manages the International Assignment life-cycle to ensure development and retention of critical talent.
We hope you’ll join us for what promises to be an informative program!
The February issue of Mobility, the monthly magazine of Worldwide ERC, includes a feature article by Dave Bencivengo, our EVP of Mobility Solutions, and Terry Davis, Associate Director of Americas Mobility at EY. The piece offers fascinating insight to the trusted partnership that has been cultivated between these two companies, delivering perspective from both the client (Terry) and provider (Dave) sides.
The piece is exemplary of the types of trusted, strategic partnerships we strive to build with all of our clients, and we’d like to thank Terry and EY for working with us to produce it. We hope you find it an engaging read.
The full article can be downloaded here.