What does BREXIT mean for Cross Border Mobility? [Download]

    Jan 20, 2021 @ 02:26 PM / by Michael Joyce

    Brexit image - Michael Joyce Article

    The importance of agility post-BREXIT

    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.

    Then COVID-19 arrived and those headlines were replaced by a more immediate threat to our health and wellbeing, livelihoods, freedom to work, and our ability to travel and live without restrictions.

    As the roll out of vaccines begins to take shape on a global basis we all hope that this will begin to see the end of the pandemic. At the same time, the U.K. government has finally secured a deal with the EU on its future trading relationship which will at least remove some of the uncertainty that has prevailed the past few years.

    Now that the U.K. is outside of the EU, companies will need to be more creative around their staffing solutions and be agile enough to adapt to and manage future complexities.

     

    What’s at stake with BREXIT and how will it impact Global Mobility?

    Even with a deal, there are ramifications for British businesses and individuals in terms of ability to trade without any restrictions, limits on immigration, and the end of free movement and reciprocal healthcare arrangements.

    But what does this mean for those tasked with managing or providing services to a globally mobile workforce? Of course, there are technical and practical long term issues but when the EU referendum result was first announced in 2016, the immediate concern was the fall of the pound against major currencies. GM managers were inundated with correspondence from expatriates concerned about what this would mean for their allowances.

     

    Download the complete report to learn more about:

    • Brexit, Inflation, and your Cost of Living Allowance [COLA]
    • The rise of Cross Border Permanent Transfers/Hires
    • The impact of Technology and the rise of a Distributed Workforce 
    • How can we effectively evaluate locations against each other?
    • What will BREXIT bring for the U.K. and EU?

    Download the complete report today: 

    Download

     



     

    About AIRINC

    Listen | Partner | Deliver.  For over 60 years, AIRINC has helped clients with the right data, cutting-edge technology, and thought-leading advice needed to effectively deploy talent worldwide. Our industry expertise, solutions, and service enable us to effectively partner with clients to navigate the complexity of today’s global mobility programs. As the market continues to evolve, AIRINC seeks innovative ways to help clients address new workforce globalization challenges, including mobility program assessment metrics and cross-border talent mobility strategy. Our approach is designed with your success in mind. With an understanding of your goals and objectives, we ensure you achieve them. Headquartered in Cambridge, MA, USA, AIRINC has full-service offices in Brussels, London, and Hong Kong. Learn more by clicking here.

     

    Topics: Mobility Policy, Employee compensation, global compensation, BREXIT, Host Pay Calculator, United Kingdom, Insights and Experience, Salary Evaluation Tool, permanent transfers, Policy Flexibility, cross-border assignments, remote work, Virtual Assignments, Distributed Workforce

    Michael Joyce

    Written by Michael Joyce