In the past year, the global mobility industry began to witness a bit of a shake-up, with effects starting in 2018 and lasting far into the future. The U.S. tax reform played a large part in that, along with Brexit and new GDPR regulations that are creating a ripple effect globally. Mixing those factors in with merging both young and older workforce generations, with vastly different needs, under the same roof makes for an interesting mobility atmosphere that we all must conform to in one way or another.
Mercer has identified several mobility trends that we should be watching for, based on what they saw happening in 2017.
Trends to keep an eye out for:
- New assignment types
- Business trips
- Virtual assignments
- Expatriate gig workers
- Third country assignments
- Mobile Millennials
- Policy flexibility
- Aging global workforce
- Diversity and gender parity
Being aware of the evolving global mobility trends will help your program (and company) have a leg up on your competition. With the current war on talent, you risk losing the ability to acquire key and valuable employees if your program isn’t taking an initiative to improve itself based on growing trends.
Offering the combination of benefits to best suit your employee’s needs will differ significantly based on several factors. Keeping an open mind and being flexible will go a long way, especially if the employee experience (EX) is top-of-mind.
Check out these 13 trends to track that we've identified.
Adaptability is now an essential aspect of mobility program management in a world where unpredictability and uncertainty have become the only predictable certainties. Effectively managing global mobility is bound to remain an exercise in complexity for companies, and more than ever mobility managers need a wide range of skills to tackle the complex and sometimes conflicting expectations of international assignees and of management.