Global Workforce Mobility Trends Snapshot: Core/Flex, Hi-Po’s and Female Expats 01.15.2016 |
Laura Levenson
Among some of the trends our group identified:
Although they can be more challenging to administer, interest in core/flex policies is growing in response to the widening demographics of the global workforce and the ongoing need to minimize costs.
Attracting top talent for critical positions in difficult locations is more challenging now than it was five years ago. With the job market improving in the US, there’s been a resurgence of premiums to provide incentive for high potential employees to accept international assignments. This trend is likely to continue in thriving economies and competitive industries.
With an increase in violent crime worldwide, companies are starting to mandate security briefings and consultations with assignees when it comes to new home selection.
Surveys by Weichert, KPMG and Mercer reveal that the number of women in the global mobility space has increased only 5% over the past five years. When asked, the majority of women said they would take another assignment but less than half would go with the same employer, stating they weren’t “supported” in terms of their career development by their employers.
Keep watching this blog for updates on the latest workforce mobility trends and reports from various industry conferences we attend in 2016.