As Asian companies expand worldwide to take advantage of untapped international markets, they often find that they are competing directly with formidable global organizations for the key talent they need to succeed. While the challenges that Asian companies face have now become truly global in nature, local talent pools in many Asian countries often do not support the level of skills and experience that are needed to drive a global business. This is seen most evidently at the senior executive level where the shortage of qualified talent is often the most acute.
Twelve months ago, almost every conversation in the U.K. was dominated by Brexit. News channels, radio shows, and documentaries were fixated on the countdown for the United Kingdom leaving the EU.
The increasing use of cross-border, intra-company transfers to meet global staffing needs is presenting new challenges to compensation professionals. Comparing the pre and post-transfer compensation offering is generally straightforward when the move is domestic, but can become complex when two different countries are involved.
In our ongoing series, AIRINC Insider, we interview our mobility all-stars to share some of their unique insights after years of workforce globalization experience. Jo joined AIRINC as General Manager, EMEA at the end of 2018 after 30 years working for two large Relocation Management Companies (RMCs). Jo has overall responsibility for activity in the EMEA region. She is based in AIRINC’s London office.
AIRINC Senior Director, Client Solutions EMEA, Mike Wincott, recently sat down with UniMobility for an interview discussing IT solutions for Global Mobility. Below is an excerpt from the article and you can find the full length post at the end here.
As European cities position to attract new investments, jobs and talent, Frankfurt is emerging as a leading European Union epicenter, ready to embrace opportunities. It’s the perfect time and place to convene for the 2019 Frankfurt Mobility Summit.
I spend my time working on one-way move issues such as host pay calculations, lump sum payments, and cost projections.
In 30 minutes, you will come away with an understanding of mobility within the technology industry and guidance on how to create a successful one-way move program.
Host-based compensation approaches for cross-border assignments and transfers tend to be most effective when specific conditions exist.
