The landscape for shipping was already bad when the Ever Given got stuck in the Suez Canal. The pandemic had already caused a shipping container shortage, driving up the cost of shipments worldwide. The recent Suez Canal blockage will presumably only add to the misery of expensive and delayed shipments. The timing for the mobility industry could not be worse.
Many companies are currently focused on enhancing their Diversity, Equity, and Inclusion (DE&I) initiatives. Global mobility professionals are being asked to adapt their policies to follow suit. But translating overall company initiatives into the mobility landscape isn’t as easy as one would hope.
With respect to US domestic transfers, state and local income tax differences are of particular relevance for determining an equitable cost adjusted salary. Two individuals within the United States can have the same salary and family size and earn vastly different spendable incomes because of the different tax rates throughout the states and cities.
The challenges to Global Mobility during the Covid-19 pandemic seem to be never-ending: travel restrictions, immigration difficulties, stress on assignees, and so many others. Companies are stepping up to these challenges in a variety of ways, but how many are providing additional cash incentives, by way of expatriate premiums, to help international assignees during these challenging times?
On January 28th, ACS International Schools will be hosting a panel discussion on 'What's next for Global Mobility 2021.'
The possibilities for Global Mobility in 2021 are almost endless. The opportunities are so great, prioritizing the roadmap for next year and beyond will be a happy challenge. Why this optimism? Global Mobility is no longer a hidden gem. We are now out in the open fully able to shine. This is the happy accident that the pandemic has given us. Global Mobility has so much value to add, and leadership now sees that.
Your mobility policies say a lot about your program. Often, the policy document is the first introduction to your company’s Mobility program. Having a carefully curated policy suite can ensure that your program makes a strong first impression.
Recent approvals for COVID-19 vaccines have led to questions about how or if individuals on international assignments will receive vaccination support from their employers.
On December 8, 2020, Massachusetts extended the guidance for sourcing of employment income that was set to expire on December 31, 2020. The emergency regulation officially extends the ruling to 90 days after Governor Baker lifts the state of emergency.
The world’s most anticipated vaccine is coming! As countries prepare their vaccination plans, where do expatriates fit in? Participate in this short poll to learn how other companies are supporting employees who wish to be vaccinated while on international assignment.