A Definition of Global Mobility and Why It’s Important
Global Mobility refers to a company’s ability to make its workforce mobile. You will also hear it commonly referred to as talent mobility and can even be better categorized as relocation assignments.
Nowadays, countless companies are trying to expand globally due to leveraging technology to reach new audiences. However, if businesses want to succeed in expanding internationally, they will have to manage their talent pool. The best way to do that is to have global mobility policies set in place.
There are various assignment types for companies setting up for global mobility, from permanent country moves to short-term international assignments. The ability to mobilize your workforce and provide relocation services for new employees widens talent pools to further depths. That assures your company is obtaining top talent.
Common Services Included in Global Mobility Policies
Any company looking to work with international relocation specialists to set up talent mobility policies should know that each company’s talent mobility needs are different. And should be handled as so. There is no short-cut method for handling global assignments; each needs to be tailored specifically.
Each global mobility provider will have a different range of services. But here is an overview of the standard services most relocation management companies (RMC) provide:
– Needs Assessment/Pre-Decision Counseling
– Security Briefings
– Cost Projections and Tax Calculations
– Cost of Living Analysis
– Goods & Services Tables
– School Reports
– Virtual and Video Destination
– Mobility Assessments
– Pre-Hire/Decision Travel Booking
– Area Tour & Orientation
– Candidate Expenses
– Assignment Letter Development
– HR/Recruiter Debrief
– Program Counseling & Management
– Global Expense & Compensation Management
– Visa & Immigration Services
– Home Disposition Assistance
– Auto Shipment & Disposition Assistance
– Tax Equalization & Consultation
– Medical Coordination
– Assignment Travel Booking
– Area Tour & Orientation
– Global Home Finding
– Schooling Assistance
– Spouse/Partner Career Assistance
– Cultural Training
– Settling In
– Auto Lease/Purchase
– Language Training
– Air, Sea, & Surface Shipment
– Storage Management
– Global Banking
– Driver’s Education
– Temporary Living
– Career Assistance
– Education Assistance & Placement
– Ongoing Tax Consultation & Filings
– Security Monitoring and Alerts
– Global Travel Tracking
– Tenancy Management Services
– Emergency Services
– VAT Recovery
– Repatriation Program Counseling & Management
– Repayment Collections
Why Are Global Mobility Strategies Important?
Talent mobility is highly beneficial for international growth-focused organizations. However, before moving staff members overseas, it’s essential to consider various mobilizing factors, such as immigration requirements. A strategy set in place with a qualified global mobility service provider ensures that each employee’s international deployment process is seamless.
It should also be noted that the global marketplace is constantly changing for each industry. Therefore, you should work with your human resources team and global mobility consultants to review and update your strategy annually to reflect the current international mobility offerings of your competitors.
Once a global mobility strategy is created and implemented, global deployment is more cost-efficient, consistent, and compliant. All this leads to the best possible relocation process for your employees.
GMS Provides Excellent Global Mobility Service
Global Mobility Solutions (GMS), an international relocation management company, is the industry leader in global mobility consulting. Since 1987, our relocation experts have assisted companies and put talent mobility strategies in place for their businesses and employees to succeed in new countries.
When you set up a free consultation with us, we will listen to all of your needs, wants, and goals. Then help you construct comprehensive global mobility service packages that will help your business thrive. Contact us today with any questions regarding international relocation or domestic relocation.
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