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Australia Migrants to be Cut in New Plan

Circular Quay Sydney taken from the Sydney Harbour Bridge just after sunset showing the Sydney Opera House on the left.

In a bid to reduce migration, Australia migrants will face a new cap. The nation will cut its current cap on migration by 15%. This cut will lower the annual number of migrants in Australia. Currently, the cap is 190,000 places.

Elements of the new plan’s cuts include:

  • Total migration number reduced from 190,000 to 160,000
  • 15% cut in total migration
  • 160,000 figure matches 2017-2018 migrant intake

Several Australia Migrants Must Live Outside Major Cities

A significant point in the new plan to cut migrants relates to their location. Up to 23,000 migrants under a new skilled visa will need to live and work in regional Australia for three years prior to gaining permanent residence. These migrants will not be able to live in Melbourne, Perth, Sydney, or the Gold Coast. In these cities and locations, the nation’s infrastructure is seen as overused and at capacity limits.

Regional Australia are those parts and destinations of the nation that are not a traditional tourist destination like Sydney or Melbourne. Migrants entering under this new skilled visa will need to live in work in cities such as Alice Springs, Kalgoorlie, and Wagga Wagga. Previously, migrants would gravitate to the most desirable cities in the nation. Now, a significant number of migrants must disperse to outlying areas. There are several reasons behind this new requirement:

  • Providing employees for regional job openings
  • Managing stress on infrastructure
  • Reducing congestion in cities
  • Removing traffic chokepoints

Current System Assesses Potential Australia Migrants by Skills

The nation’s current points system assesses potential Australia migrants according to their skills. This assessment helps the nation determine if the migrants fill a need for specific workers. Also, migrants must pass a character test and health screening. Australia migrants who desire to become citizens must also pass an English-language test covering topics such as Australia’s history, the values of the people, and the nation’s constitution.

Australia Migrants Breakdown

Under the new 160,000 cap, Australia migrants represent two distinct categories:

  1. Migrants sponsored by family members, 30% of the cap or 48,000
  2. Skilled workers, 70% of the cap or 112,000

Additionally, refugees who are resettled to Australia represent 18,750 places in addition to the 160,000 cap.

What Does This Mean?

Australia migrants will face a reduction in places for entry into the nation. Some migrants may qualify for the new skilled visa that requires them to reside in regional Australia. Similar entry requirements will remain in place, including skills assessment, character test, and health screening.

What Should Employers do About the Cap Reduction on Australia Migrants?

Companies currently looking to hire foreign workers in Australia should be aware of the cap reduction on Australia migrants. They should examine their hiring plans to determine the impact the cut may have on their corporate objectives. Companies should work with a qualified Relocation Management Company (RMC) that can provide assistance with relocation and visa program requirements.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients determine how to design their relocation and visa programs to meet country-specific requirements. As a result, our team can help your company understand how to mitigate the effects of the cap reduction on Australia migrants.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s relocation and visa programs as they relate to Australia migrants, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary Visa Program Assessment

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What are the Advantages of Centralization for a Relocation Program?

Many companies do not have a full understanding of the benefits that centralization can provide their relocation program. Larger companies or those that grow with acquisitions are often beset with the many challenges their relocation program presents with its focus on decentralization. While decentralization may be useful for local marketing efforts, when it comes to relocation, there are few advantages.

What is Centralization in a Relocation Program?

In our case study on decentralization, our team of global relocation experts describes centralization for relocation programs. Basically, relocation program centralization means the following:

Global or Corporate Level

  • Develops and manages the relocation program
  • Ensures uniformity
  • Provides guidance for regional and local units

By comparison, decentralization in a relocation program can result in many challenges including high operating costs, inconsistent reporting, and varying policies. As a result, employees often receive different experiences depending on what division or location handles their relocation. Also, the company has virtually no visibility, cost predictability, or tracking methods to ensure policies are effective.

Advantages of Centralization in a Relocation Program

Centralization in a relocation program provides many advantages. Companies and their employee benefit from a program that offers:

Centralization

What Should Employers do?

Companies should engage a qualified Relocation Management Company (RMC) that has knowledge and experience in centralization for relocation programs. Companies should be sure to ask their RMC a wide range of critical questions to ensure all of their main concerns are fully addressed. The RMC will help them understand the advantages of centralization and how to design their relocation program to gain the most benefits for the company and its transferees.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients in overcoming the challenges they face with decentralization. As a result, our team can help your company understand how to gain the advantages of centralization for its relocation program.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s interest in centralization for your relocation program, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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What are the Top Emerging International Markets for Global Relocation?

Many companies look to emerging international markets for corporate growth initiatives. Entering a growing market on the upswing provides a number of advantages. Costs for expansion are usually lower in emerging international markets, as the local economy has not reached its full potential. Companies gain significant advantages through:

  1. Lower costs for land, buildings, rent, and equipment
  2. Exposure to foreign investment with high potential
  3. Market diversification enabling growth in new markets to balance stagnation in other markets
  4. Enhancement of the company’s global reputation
  5. Learning new cultural perspectives that may enhance growth initiatives

What are the Top Emerging International Markets?

The four largest emerging international markets are Brazil, Russia, India, and China. These four countries are known by the acronym BRIC. The BRIC nations have several features in common, including a government focus on economic growth, well developed financial markets, and strong interest in international trade initiatives. However, they share some challenging issues, such as currency issues and fluctuations.

Addition of South Africa to BRIC

South Africa joined the BRIC nations and represents the “S” in BRICS. The addition of South Africa is due in part to the other nations’ desire to forge closer ties with Africa’s leading economy. The first five-member BRICS summit was held in 2011. By 2020, BRICS countries expect to contribute nearly half of all global Gross Domestic Product (GDP) growth.

New Development Bank for Emerging International Markets

The New Development Bank (NBD) for BRICS is seen as a success story for this group of large economies. NBD’s general strategy document for the period 2017-2021 calls for the bank to place two-thirds of its loans into sustainable, “green” infrastructure and renewables over the next five years.

Brazil

  • 2nd largest producer of iron ore in the world
  • Large producer of ethanol (more than Europe and Asia combined)
  • Rich natural resources

Russia

  • Leading exporter of oil and natural gas
  • Strong growth in commodities
  • Significant free market reforms driving economic growth

India

  • Leading producer of food and farm goods
  • Known for information technology and business process outsourcing
  • Growing demographic and workforce trends

China

  • Leading exporter of consumer goods
  • Mid-range producer of value-added manufacturing products and assembled goods
  • Government plans to achieve dominance of high-tech sectors to lead emerging international markets

South Africa

  • Diverse economy driven by domestic consumption
  • Abundant natural resources
  • Largest economy in Africa with world-class and progressive legal framework

What are Success Strategies for Emerging International Markets?

In order to achieve success, companies should define a plan for how they will approach entering new markets. Proven success strategies include:

  • Leveraging trade associations, events, and government agencies that can support the endeavor
  • Conducting market research on all aspects of the local culture, businesses, and strategic fit
  • Building a network of strong relationships to help open doors in the new markets
  • Identifying strategic partners that can work with you in the local markets
  • Planning for contingencies and flexibility to respond to local market nuances
  • Commit for the long term so the emerging international markets become integral to your business

What Does This Mean?

Companies looking to enter emerging international markets should follow proven success strategies. As a result, they will gain valuable market information, develop strong relationships, and define a robust and executable market-entry plan. Companies should determine whether one or more of the BRICS nations should be on their target list for market entry.

What Should Employers do About Emerging International Markets?

Companies looking to enter emerging international markets should review their relocation programs. A qualified Relocation Management Company (RMC) with knowledge and experience can provide a number of helpful resources. As a result, companies will maintain a strong competitive advantage in relocation for new hires and transferees. A global relocation program that provides the highest level of relocation benefits and services for employees will help companies attract highly skilled and talented candidates.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients understand how they can use global relocation to enter emerging international markets. Our team can help your company understand how to leverage global relocation to any of the BRICS nations and gain all the advantages these markets offer your company as well as your new hires and transferees.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s interest in global relocation to emerging international markets, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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Why Canada is Seeking to Add Immigrants

Canada is seeking to add immigrants, according to the nation’s immigration ministry. Currently, approximately 20% of the nation are immigrants. In its report to Canada’s Parliament in January, Immigration, Refugees, and Citizenship Canada detailed its plan to add over 1 million immigrants by the end of 2021.

Canada Immigration Plan

According to the plan, Canada is seeking to add immigrants following this admission schedule:

2019: 350,000 immigrants comprising:

  • 176,000 federal economic and provincial/territorial nominees
  • 89,000 eligible for family reunification programs
  • 58,500 refugees

2020: 360,000 immigrants

2021: 370,000 immigrants

Since Canada’s current population is less than 37 million residents, each year represents a 1% increase in total population.

Reasons Why Canada is Seeking to Add Immigrants

There are many reasons why Canada is seeking to add immigrants. As noted by Ahmed D. Hussen MP, Minister of Immigration, Refugees, and Citizenship:

  • Immigrants and their descendants make measurable contributions to Canada
  • Future success depends on continuing to welcome immigrants and ensure their integration

The country is facing an aging workforce as well as a declining birthrate. The government’s economic advisory council has been vocally advocating an increase in immigration to support the economy and reduce strain on the social services budget. The country needs skilled labor and is seeking to add immigrants who have significant education and technical training.

Canadian Prime Minister Justin Trudeau welcomes immigrants and refugees to the nation. Trudeau’s statement via social media clearly marks Canada as a welcoming nation. His use of #WelcomeToCanada is an encouraging sign for all people seeking to enter the country.

Why Immigrants Choose Canada

There are many reasons why immigrants choose Canada, and why Canada is seeking to add immigrants:

  1. Canada is the sixth best country in several measures including:
  • Commitment to providing social services
  • Diversity
  • Respect for differences
  • Safety and security
  • Beautiful natural landscape
  • Seasonal changes
  1. Citizens and permanent residents are eligible for the public health insurance system
  2. The nation has the highest immigration rate of all G8 nations

What does this mean?

Those who want to enter and stay in Canada have many options. The nation’s immigration ministry provides an easy to use portal to submit and check the status of applications. The ministry also provides a wealth of information for immigrants to help them prepare for life in Canada. Canada is seeking to add immigrants who want to work in the nation, and the immigration ministry helps them prepare for work in Canada. The government provides a national job bank and career portal where immigrants can search for employment.

What should Employers expect?

Employers in Canada should expect to see an increase in the number of job seekers who are immigrants and refugees seeking to become Canadian citizens. They should also expect to see a rise in the need for pre-arrival settlement services. The immigration ministry provides a number of helpful language and integration services, classes, and resources to increase job readiness, success, and retention.

Employers not currently in Canada might consider the country as a strategic location for corporate expansion. The services of an International Professional Employer Organization (PEO) may be useful to help an employer enter one of the world’s best countries and quickly test the local market.

What should Employers do as Canada is Seeking to Add Immigrants?

Work with a Qualified Relocation Management Company

Employers in Canada should review their company’s growth plans and requirements for jobs across all levels of skill sets. They should also determine how their company’s growth plans will impact the jobs required to meet business plans and goals. Since Canada is seeking to add immigrants, employers should review their talent acquisition and management programs to ensure they align with a growing number of immigrants in their workforce. They should work with a qualified Relocation Management Company (RMC) that can help them review their relocation and visa programs encourage highly skilled new hires and transferees.

Investigate the Services of an International Professional Employer Organization

Employers outside of Canada should investigate the services of an International PEO. By working with an International PEO, companies can quickly grow their international employment in Canada. RMCs can provide expert assistance to employers looking to expand their corporate presence to one of the world’s best countries by using the services of an International PEO.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients develop relocation programs that attract and retain qualified employees across the world’s best countries. Our team can help your company determine how to benefit as Canada is seeking to add immigrants.

GMS was the first relocation company to register as a .com, created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s relocation and visa program needs as Canada is seeking to add immigrants, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary Visa Program Assessment

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What is Driving São Paulo’s Business Startup Culture?

Companies seeking growth opportunities in South America quickly gravitate to Brazil and São Paulo’s business startup culture. Brazil’s mammoth city boasts one of the world’s most vibrant business technology ecosystems. São Paulo is also home to South America’s largest startup environment. The city proper is the largest in Brazil, with a population of over 12 million residents. The greater São Paulo metropolitan area ranks as number three in the world by population, with over 27 million residents.

Cultural Diversity

Brazil is one of the most culturally diverse countries in the world. Generally, Brazilians trace their origins from five global regions:

  • Africa
  • Americas
  • East Asia
  • East Mediterranean/West Asia
  • Europe

This cultural diversity is a great asset to companies looking to test their products and marketing programs. Marketing to a microcosm of international cultures provides a wealth of valuable information for companies with global growth ambitions. Companies investing in São Paulo’s business startup culture quickly benefit from the city’s diverse talent pool and openness to new ideas.

Currency

Brazil’s currency fluctuations and devaluation to the U.S. dollar gives companies who invest in São Paulo’s business startup culture the benefit of getting more for their capital. As Brazil’s economy experiences variations and crises, São Paulo presents more opportunities for entrepreneurs. Talent becomes more affordable for young and growing companies. As a result, entrepreneurs can easily hire employees with the education and skills they need to be successful.

Business Resources for São Paulo’s Business Startup Culture

São Paulo’s business startup culture benefits from a large number of business resources. Startup accelerators are plentiful, including ACE, Startup Weekend, and Startup Farm. Co-working spaces such as CUBO encourage collaboration among resident companies. CUBO’s center of technological entrepreneurship connects investors, companies, technology, and universities in one space. This connection helps create new business models, new ways to work, and continually challenges the status quo with a focus on creating opportunities.

In fact, São Paulo’s business startup culture is often seen as the “silicon valley” of Latin America. From its inclusion in Deloitte’s leading index of global FinTech hubs to its continually growing roster of unique startup ventures, São Paulo has become the Brazilian home of international technology giants including Google, Linkedin, and Cabify. (FinTech is a new industry that uses technology to improve activities in finance.)

What Does This Mean for São Paulo’s Business Startup Culture?

Companies looking for expansion opportunities, especially in technology fields, should seriously consider São Paulo’s business startup culture. The city provides a warm welcome to entrepreneurs and innovators, offers a favorable currency advantage, and has a wealth of resources that support business startups. Brazil’s wide cultural diversity enhances workforce productivity, and reflects the broader international market, making São Paulo an ideal location for testing concepts and messages.

What Should Employers do?

Entrepreneurs with plans for business expansion should research São Paulo’s business startup culture to see how they might benefit from its many resources and advantages. Established businesses without a presence in Latin America should also consider locating in São Paulo. Co-working spaces such as CUBO can help connect established businesses to entrepreneurs and new business models.

Companies looking to test their expansion efforts in Brazil might also benefit from an International Professional Employer Organization. This is a global employment solution where a third-party in a foreign country hires employees on your company’s behalf. Companies considering relocating new hires or transferees to São Paulo should review their relocation programs. This will help ensure they have a competitive advantage and that their program provides the highest level of relocation benefits and services for their employees.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients understand how they can easily expand their business operations to new locations. Our team can help your company understand how best to proceed with expansion to São Paulo’s business startup culture through relocation, or by utilizing an International PEO.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s business expansion plans to São Paulo, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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What are the World’s Best Countries?

U.S. News & World Report’s 2019 World’s Best Countries ranking shows Switzerland as No. 1 overall for the third consecutive year. The annual report reflects survey results of over 20,000 respondents. The study surveyed these people about their individual views of 80 different countries, on 75 different metrics. The rankings are the result of a partnership between U.S. News & World Report, the Wharton School of the University of Pennsylvania, and BAV Group.

What are the Top 10 Countries?

According to the ranking, the top 10 world’s best countries are:

  1. Switzerland
  2. Japan
  3. Canada
  4. Germany
  5. United Kingdom
  6. Sweden
  7. Australia
  8. United States
  9. Norway
  10. France

Why Switzerland is No. 1

Switzerland is seen as a top country in surveys and reports for several reasons, including:

  • Access to Capital
  • Business Friendly
  • Economic Stability
  • High Quality of Life
  • Innovation
  • Legal Framework
  • Neutrality
  • Prestige

Immigration to Switzerland

Immigration to Switzerland, one of the world’s best countries, depends on several factors. Switzerland permits visitors to stay in the country as tourists for up to 90 days without registration. However, tourists are forbidden to work during this time period. Those who want to work in Switzerland must obtain immigration authorization. These authorizations vary by status:

  • Citizens of the European Union (EU) or the European Free Trade Association (EFTA) do not need a visa if they have a local employment contract.
  • Non-EU and non-EFTA citizens require a work authorization and a visa prior to entering Switzerland.
    • Those over 18 with plans to stay beyond 12 months must provide a copy of their criminal record, or proof that there is no record.

The Swiss Authorities provide many helpful guidelines for people who want to enter and stay in the country. Foreign nationals can choose the entry path that best fits their requirements. Also, several of the entry paths have various degrees and levels to meet individual situations. Entry paths include:

  • Applying for Asylum
  • Foreign National’s Right to Reside Following Divorce or Death of Spouse
  • Foreign Nationals Wishing to Stay Other Than to Work (Study, Retire)
  • Letter of Invitation and Declaration of Sponsorship
  • Loss of Residence Permit – Replacement
  • Short-Term Stay
  • Residence Permits
  • Visa for Entry

What does this mean?

Those who want to enter and stay in one of the world’s best countries have many options. Countries such as Switzerland welcome foreign nationals, as they recognize the value that diverse populations bring to their societies. They also provide helpful resources for newly arrived foreign nationals so they can learn the German language, and how best to integrate into Switzerland’s local culture and society.

What should Employers expect?

Employers in Switzerland should expect to see an increase in the number of foreign job seekers from non-EU and non-EFTA countries. They should also expect to see a rise in the need for language and integration courses.

Employers not currently in Switzerland might consider the country as a strategic location for corporate expansion. The services of an International Professional Employer Organization (PEO) may be useful to help an employer enter one of the world’s best countries and quickly test the local market.

What should Employers do?

Employers in Switzerland should review their company’s growth plans and requirements for jobs across all levels of skill sets. They should also determine how their company’s growth plans will impact the jobs required to meet business plans and goals.

Employers outside of Switzerland should investigate the services of an International PEO. Relocation Management Companies (RMCs) can provide expert assistance and helpful information to employers looking to expand their corporate presence to one of the world’s best countries.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients develop relocation programs that attract and retain qualified employees across the world’s best countries. Our team can help your company determine how to benefit from Switzerland’s rank as the No. 1 best country in the world.

GMS was the first relocation company to register as a .com, created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Learn best practices from Global Mobility Solutions, the relocation industry and technology experts who are dedicated to keeping you informed and connected. Contact our experts online to discuss your company’s relocation and visa program needs, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary Visa Program Assessment

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Overcoming Challenges in Relocation Programs

How can a company excel at overcoming challenges in relocation programs? Global Mobility Solutions’ 2019 Forum included an inspiring presentation by Eric McElvenny, a military husband and proud father of three children. Eric graduated from the United States Naval Academy in 2006. Following his graduation, Eric had the privilege of serving 7 years in the United States Marine Corps. Eric’s final military deployment was to Afghanistan. On this deployment, Eric was wounded during combat operations when he stepped on an improvised explosive device (IED). This injury led to a new journey into triathlon racing.

Eric shared his story from the military to the finish line. Also, he presented the habits we can use to embrace life’s challenges. When not training and speaking, Eric can be found with his family in Pittsburgh, Pennsylvania.

What are the Challenges in Relocation?

Eric described many challenges he faced, including learning a new career and finding his inner strength to complete his first Iron Man Triathlon in 2013, held in Hawaii. His story was insightful, and he was given a standing ovation by the grateful attendees.

In relocation, the challenges may not be as daunting as learning a new career or competing in a triathlon. However, an experienced Relocation Management Company (RMC) will have the knowledge and expertise to help your company excel at overcoming challenges in your relocation program.

Overcoming Challenges to a Location

Your company may have several locations. What if one of the locations is in a remote or challenging area? Helpful information about the location will be key for new hires and transferees to make the decision to relocate. Our global relocation experts present five specific tips to help move employees to remote and challenging locations:

  1. Pre-Decision Services Including Candidate Assessment and Expectations
  2. Community Tour of the Location During Interview
  3. Include the Family
  4. Offer Spousal or Partner Assistance
  5. Destination and Video Spotlights for Challenging Locations

Using these five tips can help a company communicate the many benefits new hires and transferees can expect with their relocation.

Recruiting Top Talent in a Tight Job Market

Talent acquisition can be challenging for any organization. During a tight job market, competition for qualified candidates makes recruitment efforts even more difficult. Overcoming challenges in talent acquisition during a tight job market is key to an organization’s ability to grow and meet strategic corporate objectives. Several points in relocation can help companies recruit top talent:

  1. Leverage Social Media
  2. Pre-Decision Services to Identify Concerns and Issues Prior to Relocation
  3. Leverage Relocation Package in the Hiring Process
  4. Policy Exceptions for Relocation Packages
  5. Increase Compensation Where Necessary for Highly Skilled Talent

Beyond the challenges of a tight job market, industries facing a skills gap also benefit from these tactics. Global relocation to fill positions requiring a high level of skill has become a solution for several industries including healthcare and information technology services.

Overcoming Challenges in Retaining New Hires

As difficult as it is to acquire talent, companies must address retaining new hires and overcoming challenges that result in failed relocations. In our newly published Case Study on Educational Institution Relocation Programs, we note several reasons why our client, a university, was losing new hires.

The overarching challenges for our client located in a small city in the eastern part of the United States:

Spouses were feeling left out of the decision-making process. As a result, many dual career couples that moved to the campus had a difficult time adapting if there was no job for the spouse. Also, recruiters could not help the hiring manager determine how to budget for the relocation. The institution’s decentralized approach provided no insight as to the overall relocation spend across the university.

Our team identified seven specific points for our client’s relocation program:

  1. Act as the university’s knowledgeable partner
  2. Provide superior local area information to highlight desirable aspects of the area
  3. Engage with candidates during pre-decision
  4. Create full accounting and tracking systems
  5. Implement satisfaction surveys
  6. Measure time for acceptance rates before and after program
  7. Provide information on all aspects of the relocation including tax impacts

By creating a relocation program that covers all of these points, our client experienced a measurable increase in new hire retention and transferee satisfaction. They also experienced a reduction in overall relocation costs. Overcoming challenges in new hire retention helps organizations direct more resources toward their strategic objectives.

What Does This Mean?

Companies faced with overcoming challenges in their relocation programs should examine the areas that will improve their transferee’s experience. By enhancing their relocation programs, companies will be more successful in recruiting talent, retaining new hires, and moving employees and their families to challenging locations.

What Should Employers do When Overcoming Challenges?

Companies should work with an experienced and knowledgeable Relocation Management Company (RMC). RMCs provide a wealth of solutions for overcoming challenges in relocation programs. Companies should review their relocation programs. This will help ensure they have a competitive advantage. Also, it will ensure their program provides the highest level of relocation benefits and services for their employees.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients in overcoming challenges with relocation. As a result, our team can help your company understand how to move transferees to challenging locations. We can also help your company recruit top talent in a tight job market and retain new hires.

GMS was the first relocation company to register as a “.com.” The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation® technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Contact our experts online to discuss overcoming challenges in your company’s relocation program, or give us a call at 800.617.1904 or 480.922.0700 today.

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Singapore Job Skills Lacking in Technical Fields

Singapore job skills currently exhibit a significant gap in several technical fields, according to Workforce Singapore (WSG). WSG, a board under the nation’s Ministry of Manpower, oversees the transformation process for the Singaporean workforce and industry to meet future economic opportunities.

Top 5 Fastest Growing Singapore Jobs

The five fastest-growing jobs in Singapore are concentrated in technology:

  • Content Specialist
  • Head of Digital
  • Cyber Security Specialist
  • Data Scientist
  • User Experience Designer

All of these technology jobs require specific technical skills. They also require significant communication and managerial skills, often referred to as “digital competence.”

What is Digital Competence?

Digital Competence is an expansive definition of Information and Communication Technology (ICT). It includes basic ICT skills along with the understanding and knowledge of how to use digital devices and applications in new and complex formats. WSG recognizes that Singapore job skills need to include Digital Competence. Singaporean workers must be able to confidently and critically use electronic media for work, leisure, and communication. To do so, workers must understand logic, possess critical thinking abilities, have a high level of information management skills, and superior communication skills.

For example, some of the skills needed for the Top 5 Fastest Growing Singapore Jobs include:

  • Analytics
  • Banking
  • Big Data
  • Communication
  • Consulting
  • Content Delivery
  • Digital Production
  • Machine Learning
  • Management
  • Sales Enablement
  • Wire Framing

WSG has a number of programs that help Singapore job skills match industry requirements. For example, WSG maintains the Singapore Workforce Skills Qualifications (WSQ), a national credentialing system that trains, develops, and assesses Singapore job skills. Also, the WSQ certifies skills and competencies for the workforce. Its continuing education and training system is funded by SkillsFuture Singapore (SSG).

What is SkillsFuture Singapore?

SkillsFuture Singapore (SSG) is a board administered by the Ministry of Education. SSG’s main purposes include:

  1. Drive and coordinate SkillsFuture movement implementation
  2. Promote a culture and system of continuing education
  3. Strengthen Singapore’s quality education and training
  4. Provide quality assurance for private education institutions and adult education centers

Singapore job skills are in high demand as the nation’s economy continues rapid growth. This growth leads to expanding job opportunities. WSG maintains a singular focus on ensuring Singaporean workers obtain the necessary training to fill growing sectors of the economy. WSG’s vision is bold and speaks to the nation’s strong work ethic: “Every individual in a fulfilling career with progressive employers.”

What Should Employers do About the Singapore Job Skills Gap?

Employers facing a Singapore job skills gap should review their talent recruitment programs to ensure creative solutions are in place. A knowledgeable Relocation Management Company can provide valuable assistance to employers looking for robust and effective solutions to hiring challenges.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients develop hiring and recruiting programs to mitigate the impact of a skills gap. Our team can help your company by using industry best practices to design your relocation program. As a result, this will increase your company’s ability to attract and retain new employees and mitigate the effects of the Singapore job skills gap.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Contact our experts online to discuss your company’s relocation program needs, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

Categories
United States Economy

Leveraging the Growth of World Economies for Corporate Success

Petronas Towers, also known as Menara Petronas is the tallest buildings in the world from 1998 to 2004.

How can a company grow and achieve corporate success as world economies change? Many companies think the answer is to determine how best they can get their products into these growing markets. While this seems straightforward, international trading laws, customs, and tariffs may drastically alter a company’s chances for success.

Local Market Preferences

Additionally, products should be suited to markets to ensure success. For example, clothing choices that are common in the United States would not necessarily find success in other markets. Another example is water filtration technology, where advanced markets seek to improve water taste and appearance, while emerging markets may seek to increase access to potable water or focus on basic filtration to ensure safe drinking water supplies.

Local tastes and preferences should always be considered to help ensure corporate success. Many successful businesses have struggled and failed to achieve success in their international growth initiatives. Much of this could have been prevented with stronger test marketing programs and in-depth local marketing research.

Alternate Routes to Success

Companies pursuing world economies as part of their corporate growth and success strategy might consider alternate routes to reach these markets. This may provide them with valuable market information to help increase their chances for success. Such information may include geographic area, general types of target customers and their demographics, information about local competitors, and information about government regulations, taxes, and requirements.

Which World Economies are the Fastest Growing?

Looking forward over ten years, the face of the world’s economic leaders will change. By 2030, the leading world economies will reflect the rise of Asia as a dominant economic force.

According to a Standard Chartered report, by 2030 Asian Gross Domestic Product (GDP) will account for approximately 35% of the global GDP. India is seen as the largest driver of this growth in Asia. This is due to the introduction of several reforms including the Indian Bankruptcy Code and a new National Goods and Services Tax (GST). Also, six of the largest world economies will be in Asia:

  1. China (Asia): $64.2 trillion
  2. India (Asia): $46.3 trillion
  3. United States (North America): $31 trillion
  4. Indonesia (Asia): $10.1 trillion
  5. Turkey (Europe/Asia): $9.1 trillion
  6. Brazil (South America): $8.6 trillion
  7. Egypt (Africa/Asia): $8.2 trillion
  8. Russia (Eastern Europe): $7.9 trillion
  9. Japan (Asia): $7.2 trillion
  10. Germany (Western Europe): $6.9 trillion

How can a Company Grow with World Economies?

There are several ways a company can grow with world economies. The traditional route of exporting goods into these markets has its limitations. As a result, examining alternatives is a valuable pursuit.

One way is to consider business expansion with a local operation. This may entail setting up a legal entity such as a Wholly Foreign Owned Enterprise, a foreign subsidiary, or a local distributor. A company might acquire a physical location through sale or lease. Staffing decisions may be made either through relocation, local direct hiring, or a combination of both. All of these activities may take a significant upfront investment in both time and funds.

Another way is to consider the services of an International Professional Employer Organization (PEO), an “Employer of Record” solution. International PEO is a global employment solution where a third-party in a foreign country hires your employees, acting on your behalf. The International PEO becomes an extension of your Human Resources Department. They manage all of the traditional HR functions including:

  • Payroll and Tax Withholdings
  • Remittances to Local Authorities
  • Benefits
  • Health and Social Security-Related Programs
  • Onboarding
  • Health Insurance
  • Pensions
  • Terminations and Separations

International PEO lets a company add full-time team members to their global operations within a matter of days. Companies can easily test new markets for their products without making significant investments in time or funds.

What Does This Mean?

The growth of world economies means that companies may have greater opportunities to find new markets for their goods and services. This also means that companies should examine market data from emerging economies. This information will help them determine if their products and services should be tailored to meet local demand. Companies may consider investing in local market research, conduct test marketing trials, and examine alternate routes to conducting business in world economies.

What Should Employers Interested in World Economies do?

Companies that are looking to leverage the growth of world economies should work with a Relocation Management Company (RMC) that has knowledge and experience in helping companies expand into new markets. Choose an RMC that provides ongoing employee support services, supplier management, relocation benefits, and expense management.

The RMC should also provide access to helpful solutions such as International PEO for companies looking to enter new markets to ensure:

  • Full compliance with local requirements on international employment.
  • The company expends the lowest monetary cost to save funds for use on other corporate objectives.
  • They spend the least amount of time so the company can identify and pursue valuable opportunities.

Conclusion

GMS’ team of global relocation experts has helped thousands of our clients understand how to grow their company’s international employment to leverage the growth of world economies. Our team can also help your company understand how to work with an International PEO. As a result, this will help your company gain all of the benefits this solution provides for international employment.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation® technology platform.

Global Mobility Solutions is proud to be named and ranked #1 Overall, and #1 in Quality of Service by HRO Today’s 2019 Baker’s Dozen Customer Satisfaction Survey.

Contact our experts online to discuss your company’s international employment needs, or give us a call at 800.617.1904 or 480.922.0700 today.

Categories
Global Relocation Global Relocation Tips Global Relocation Trends Visas and International Travel

Top 3 European Countries for Global Expansion

Many companies want to know what 3 European countries rank highest for global expansion. Knowing where to focus their efforts helps a company develop actionable strategies. Several European countries are taking significant steps to encourage business investment. As a result, opportunities are increasing for significant and successful global expansion in Europe.

The top 3 European countries for global expansion are France, Germany, and the Netherlands. These countries all recognize the role of investment in creating job opportunities and adding to their social security programs.

France

France has taken an activist approach to promoting investment and global expansion. Several reasons to invest in France include grants and support mechanisms for innovative entrepreneurs, research tax credits, and high-level infrastructure. President Emmanuel Macron has been working to invigorate the economy in France. Elected on a centrist platform, Macron has pledged to:

  1. Reduce taxes for businesses and investors
  2. Ease the country’s rigid labor regulations
  3. Raise the minimum wage

Some protests and unrest arose in 2018 due to concerns over environmental tax policies. Although this led to declining consumer sentiment, economists are forecasting full-year Gross Domestic Product (GDP) growth of 1.4% for 2019. Analysts have confidence that continuing investment as well as President Macron’s new fiscal measures will promote global expansion.

Germany

German Chancellor Angela Merkel will resign her position in 2021 after her fourth term in office. Although partly due to the Christian Democratic Union (CDU) election losses, Chancellor Merkel remains in office for several more years to continue policies that propel Germany’s economy forward. Central to these policies are the German government’s focus on:

  1. Low unemployment
  2. Increasing wages
  3. Tax cuts for businesses and households
  4. Infrastructure and other investments in East Germany

While Germany does have low unemployment, there are regions such as East Germany where unemployment is a significant issue and business investment is welcome. Inequality in incomes and opportunities are challenges for the German government, and the nation is keen to promote global expansion and trade with a “Powerhouse Eastern Germany” message. Political uncertainty and exterior issues such as Brexit may affect the nation’s economy. Economists are forecasting full-year GDP growth of 1.4% for 2019.

The Netherlands

The Dutch government’s 2019 budget and plans significantly promote the economy while protecting public finances. The Third Rutte cabinet is a coalition government of four separate political parties. Prime Minister Mark Rutte presides over the cabinet, and is instrumental in formulating the coalition’s governing agreement with the appropriate name of “Confidence in the Future.” The Netherlands economic expansion overseen by the coalition is driven by several policies that promote:

  1. Low unemployment
  2. High level of consumer confidence driving household consumption
  3. Tax cuts and increased tax credits for households
  4. Tax cuts for businesses leading to increasing business investment
  5. Infrastructure investment spending measures by the government coalition
  6. Expanding exports

The coalition government recognizes risks including healthcare spending, Brexit, and geopolitical issues may impact the Netherlands economy. However, economists are forecasting full-year Gross Domestic Product (GDP) growth of 1.9% for 2019. This bodes exceptionally well for companies pursuing global expansion.

What Should Employers Expect for Global Expansion?

Employers should expect that France, Germany, and the Netherlands will continue to be the countries of preference for global expansion. All three countries are actively pursuing business investment and taking action to increase the attractiveness of their respective economies. Companies seeking to increase their strategic business investments should examine these three countries for global expansion.

What Should Employers Seeking Global Expansion do?

Employers should examine France, Germany, and the Netherlands to understand how each of these countries offers their company the best solution for investment. All three countries have a number of helpful resources available for companies seeking global expansion. Companies looking for future growth opportunities should look at each of these countries as offering the greatest return on their business investment. Relocation Management Companies (RMCs) can provide expert assistance to employers looking to enhance their company’s global recruitment and relocation.

Conclusion

The Global Mobility Solutions (GMS) team of global relocation experts has helped thousands of our clients determine how to proceed with their global expansion plans. Our team can help your company by using industry best practices to design your relocation program to enhance its business investment in France, Germany, or the Netherlands. This will increase your company’s ability to attract and retain new hires and relocating employees in these countries.

GMS was the first relocation company to register as a .com. The company also created the first online interactive tools and calculators, and revolutionized the entire relocation industry. GMS continues to set the industry pace as the pioneer in innovation and technology solutions with its proprietary MyRelocation™ technology platform.

Contact our experts online to discuss your company’s global expansion plans, or give us a call at 800.617.1904 or 480.922.0700 today.

Request your complimentary relocation policy review

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