Happy New Year from your team at AIRINC!
In 2019, we witnessed continued global change and the influence of political uncertainty on our industry. Global Mobility programs have had to adapt and adjust to meet changing laws that have impacted expatriate pay packages, and we expect 2020 will bring more change.
After reaching an agreement on December 20th, the U.K. will formally leave the EU on January 31st. There is also the looming U.S. presidential election, which will take place in November. These are just two of the changes that will happen in 2020 and there will be many others that will impact borders, tax codes, and how you manage your domestic and international assignees.
AIRINC Hong Kong Office
3 Key Global Mobility Trends in 2019 that will continue in 2020
In March of 2019, we released our annual Mobility Outlook Survey and highlighted 3 key trends for the year:
To meet these priorities, we've evolved our products and services to help clients stay ahead of their business and mobility needs. Some of the advances we've launched this year are:
Our AIMS decision guide is helping businesses understand mobility decisions more clearly. Enhancements and additions to our product suite are enabling our clients to ensure effective governance within their programs. And our new COLA Change Report is helping mobility communicate with assignees like never before.
AIRINC Brussels and London Offices
Change is coming - are you ready for it?
The 2019 LTA Benchmark Report provides a comprehensive overview of policies and practices for temporary long-term international assignments. In addition to a detailed look at pre- and post-assignment, relocation, and on-assignment benefits, the benchmark reviews pay and tax approaches. It also highlights the trend toward greater flexibility both in policy configuration and in how benefits are delivered.
The survey includes information from 185 best-practice companies representing a wide range of industries, headquarter countries, and program sizes.
Stay tuned for more reports and updates in 2020 including our Business Traveler Survey (early 2020), Executive Relocation Policy Benchmark (early 2020), and The 2020 Mobility Outlook Survey, along with all of our weekly mobility posts.
AIRINC Cambridge MA, U.S.A. (Corporate Headquarters)
Thank you for your continued partnership - let's make 2020 your best year yet!