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CONVINUS Global Mobility Alert - Week 8.2023

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  • Mobility

Best Practice Insights:

Best Practice Insights: The challenges for global mobility professionals are no joke. - This is how Global Mobility can provide value to their organization. The challenges faced by professionals in the field of global mobility should not be underestimated. Nevertheless, there are ways in which they can provide added value to their organization. In the following text, we address the challenges faced by global mobility as well as what value global mobility provides for the organization. Challenges faced by global mobility The past years (accelerated by the COVID-19 pandemic) have increased the complexity of global mobility within companies. Global mobility professionals must, therefore, be able to adapt to the following challenges. 1. Ensuring compliance with constantly changing regulations: Global mobility professionals need to ensure that their programs are compliant with local laws and regulations. This includes navigating immigration, social security, taxation, and employment aspects. 2. Navigating new technology: The use of technology is becoming increasingly important in managing global mobility programs. Global mobility professionals need to adapt to new technology to manage their programs effectively and efficiently. Almost all providers (e.g. tax providers, authorities, embassies) use one tool. Furthermore, it became even more vital to track internationally working employees for compliance purposes. 3. Balancing cost and value: Global mobility programs can be expensive, and it can be challenging to justify the costs. Global mobility professionals need to find ways to balance cost and value to ensure the success of their programs. 4. Managing employee well-being: Global mobility professionals are responsible for ensuring the well-being of their employees, including providing support for mental and physical health and ensuring safe and comfortable accommodations. This list is by no means extensive. However, it provides a good indicator of where global mobility professionals face challenges in managing an internationally mobile workforce, including keeping up with changing regulations, managing employee well-being, balancing cost and value, navigating new technology, and ensuring compliance with regulations. 6 convinus.com

Best Practice Values provided by Global Mobility To overcome the challenges and drive business success, it is very important for global mobility professionals that they provide value by: 1. Ensuring a smooth and efficient relocation process for employees: This includes managing the logistics of moving to a new country, including arranging transportation, housing, and other necessary arrangements. 2. Offering support and resources for employees: Global mobility professionals can provide resources such as language training, cultural training, and counseling services to help employees adjust to their new location. 3. Managing costs and demonstrating the value of mobility programs: Global mobility professionals can track and report on the costs associated with mobility programs, and demonstrate the value of these programs by highlighting the benefits to the organization, such as increased employee retention, improved productivity, and enhanced global perspective. 4. Providing compliance expertise: Global mobility professionals can ensure that their programs are compliant with local laws and regulations, reducing the risk of legal and financial issues for the organization. 5. Proactively addressing potential challenges: Global mobility professionals can anticipate and address potential challenges that may arise during the relocation process, such as cultural differences, language barriers, and family needs. This can help ensure a successful and positive relocation experience for employees and ultimately benefit the organization. Conclusion In conclusion, global mobility professionals face various challenges, including compliance with changing regulations, managing costs, employee well-being, and navigating new technology. However, they can provide added value to their organization by ensuring a smooth relocation process, offering support and resources for employees, managing costs, providing compliance expertise, and proactively addressing potential challenges. Seeking external support from specialized consultants can also help global mobility professionals stay up-to-date with industry trends and improve the success of their mobility programs. Overall, the role of global mobility is critical in managing an internationally mobile workforce, and organizations can benefit significantly from investing in their global mobility programs. 7 convinus.com

Global Mobility Alert

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