Do you have assignees based in China? If yes, what are you planning to do with assignees disrupted by the Coronavirus? Many of our clients are seeing an increase in calls from concerned assignees asking to discuss their situation, including:
A new year is once again upon us. As we turn the page on 2019, it's important to take stock of what we learned before we transition to 2020 and the continued change we anticipate seeing across Global Mobility. Below, you'll find the top 5 downloads that have helped shape our views on where mobility is in 2019 and where it will go in 2020.
Hong Kong has been subject to ongoing street protests since June 2019. The protests have led to varying degrees of disruptions in daily living for residents, a sharp reduction in tourists visiting the city, and most recently, an economic downturn considered to be the worst since 2008.
Do you have assignees based in Hong Kong? If yes, is the recent instability having an impact? Many of our clients are seeing an increase in calls from concerned assignees asking to discuss their situation. Potential options such as a transfer to another location, increased flexibility to work from home, security briefings, and more, along with the impact of these options on their assignment policy.
AIRINC recently adjusted its hardship score for Hong Kong, due to the continuing political volatility and unpredictability surrounding the demonstrations, as well as the heightened tensions resulting from the protests.
Since June, Hong Kong has seen unprecedented protests, larger and more frequent than any in the country’s recent history. We have increased the hardship scoring of Hong Kong in response to the rise in political volatility.
In the last two weeks, Hong Kong has seen some of the largest protests in its history as citizens and residents have taken to the streets to protest a proposed extradition bill. Demonstrations have been centered around Admiralty and the surrounding areas of Central and Wan Chai.
You are invited to join AIRINC and your global mobility peers for a breakfast briefing discussion on: Flexibility in global mobility programs, hosted in Hong Kong and Singapore!