Hi Everyone, Hot off the press is today's publication of the annual Brookfield Global Relocation Services' (formerly GMAC Global Relocation Services') 2010 Global Relocation Trends Survey Report, which surveyed 120 multinational firms (which manage a combined worldwide employee population of 5.8 million). Key findings:
46% of multinational companies reported a decrease in the number of international assignments last year (the highest rate in the 15-year history of the survey);
Only 17% of international assignees were women (the lowest percentage in nearly a decade);
Only 47% of international assignees had families with children (an all-time low);
A mere 8% of expatriates were new hires (the lowest in the survey’s 15-year history); and
Interestingly, 35% of companies said they provide media-based or Web-based training, as alternatives to face-to-face cross-cultural training (an all-time high).
Are expatriate partners working abroad? Only 9% percent of expatriate partners were employed both before and during assignments (another all-time low, as the historical average is 14%).
What about 'the family'? Still, the most commonly cited reason for candidates turning down assignments were family concerns, partner’s career, and employee career aspirations. Family concerns also topped the list of reasons for early return from an assignment.
What did they find out about expatriate versus non-expatriate employees? Expatriates received promotions more quickly (33%), but expatriates also changed employers more often (28%).
Where are most people being sent? The United States, China, then the United Kingdom.
Where is it the most challenging? Again, China, India and Russia, for expatriates. India (replacing China this year), for corporate international assignment policy and program managers.
Where do assignments fail the most? China, India and then (yes, this is not a typo) the United States.
What happens to repatriates? "Increasingly, expatriates are leaving companies during the first year after repatriation – 38 percent this year compared to 35 percent in 2009 (the 15-year historical average is 22 percent). This is due to the fact that employees were unable to find jobs at these companies upon their return due to the weak economy and some cases were laid-off."
This report is always an excellent compilation of mobility industry trends. If you work in the mobility industry and you do not already receive a full copy of this annual report, you can request one here.
To register for Brookfield's free webinar presenting their findings of the survey on Tuesday 20 April, please click here. Thanks. Andrea.
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