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Lack of accurate data threatens to undermine performance of global business’ mobility programs

EY's 2015-16 Global Mobility Effectiveness Survey is out, providing insight into the world of talent mobility. The title this year is, "Tomorrow's workforce: data driving mobility."

Three important findings from the survey: 

• 52% of respondents said they don’t have access to the data to bring insight to their mobility programs

 • 72% of respondents are not tracking the success of international assignments 

 • And — with the increased regulatory pressure at local and national levels — short-term business traveler programs currently face the highest mobility risk rating

The report finds that poor data capture and poor analytics are the biggest factors impacting firms’ ability to meet the challenges of an increasingly globalized marketplace. And in this day and age, putting the right people in the right places at the right time is essential for operating effectively and profitably. 

See the survey.

The FINANCIAL -- Inadequate data on workforce mobility is placing firms under increasing pressure as they struggle to deploy global human resource strategies, contain costs and comply with the demands of cross-border regulatory obligations. This is according to EY’s 2015-16 Global Mobility Effectiveness Survey, which provides insights from more than 200 professionals across 35 jurisdictions and 13 industry sectors. The report finds that poor data capture and poor analytics is impacting firms’ ability to meet the challenges of an increasingly globalized marketplace, for which putting the right people in the right places at the right time is essential for operating effectively and profitably. More than half (52%) of survey respondents said they don’t have access to the data necessary to bring greater insight into their mobility programs.

Tags

ey, talent mobility, global mobility, relocation, data, reporting, compliance, risk