2019 is the Chinese year of the pig; a symbol of wealth – something many businesses attempt to develop by investing in a mobile workforce. So, what does 2019 hold for global mobility industry? Rather than consulting the Chinese zodiac, let’s take a more practical approach to answer this important question.
We’ve carefully considered the modern assignee’s requirements, swotted up new legislation and examined some interesting stats to bring you our top five global mobility trends for 2019. Not content with predicting the future, we’ll also explain how a relocation services provider like Simply London – the British capital’s leading relocation specialist – can help businesses benefit from them.
This week we are looking at 2019 Trend #4: Flexibility
Flexibility in global mobility policies and practices isn’t a new trend, as forward-thinking employers constantly strive to help assignees achieve a successful relocation in new and exciting ways. For example, innovative technology has played a vital role in facilitating this ever-growing trend in recent times.
Other flexible approaches to global mobility include the provision of lump sum packages – an allowance given to the assignee to cover the cost of relocating overseas. According to research by the Society for Human Resource Management, lump-sum payments are assignees favourite relocation benefit. They’re pretty popular with employers too for various reasons:
- Employees are in post as quickly as possible
- Relocation costs are contained
- Administration is relatively straightforward
- Workload of internal functions is reduced
- Assignees feel empowered
Simply London are experts at helping clients to manage lump-sum packages. Using their extensive knowledge of the local environment – rental market, utilities, school system – they help assignees to devise a relocation strategy that maximises their budget. This peace of mind allows them to focus on settling into their new role and surroundings.
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