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.

The results from our recent Lump Sum Pulse Survey are in! The survey explored how companies are determining and delivering lump sums, and the pros and cons with this approach. Companies report using a Lump Sum approach for the following reasons: