HRO Today May 2020 - 41

Relocation
3. HR can build strategic value with company leaders.
Over half of mobility professionals (58 percent)
plan to offer their perspective to support broader
talent management matters over the next five
years. This includes sharing strategic insights within
their companies about HR and talent management
integration, real-time business intelligence, analytics,
and dashboards. Providing this thought leadership
will prove the strategic value of mobility to company
management.
4. Communication is key among all parts of the mobility
program. If using a relocation management company,
HR leaders need to manage the communication
between the supplier partners and employees. Whether
assignees manage their moves through lump sum
arrangements or have a managed move, they need to
work with relocation service partners. From last-minute
household goods shipping to housing coordinators
to partner employment counselors, assignees rely
on service partners' expertise to execute their move.
Communication can make or break that partnership, as
evidenced by the 46 percent of surveyed organizations
that reported communication was the most common
challenge they faced.
From these trends, it's clear that HR and mobility teams
are both doing and seeking to do more within their
organizations: more volume, more customized service,
and more strategic support. The good news is that
mobility programs and HR professionals seem to have
more financial resources at their fingertips than in the
past. The report findings show that global mobility
budgets have increased an average 47 percent in the
past three years.
Regional Mobility Trends
In addition to the global priorities, HR leaders need to
pay attention to regional mobility trends that could
impact the company's mobility program, or unforeseen
events that can alter a region's priorities. The State of
Mobility Report shows key regional insights.
* Asia Pacific (APAC): Mobility is an emerging corporate
function in this diverse region, and leaders are focused
on developing relocation programs that address cultural
differences, needs, and preferences. China and India are
good examples.
As China's tier-two cities become more favorable
When executed properly, a company's mobility program
can be a differentiator in recruiting and retaining top
talent. HR leaders and mobility professionals should
keep a pulse on mobility trends-such as evolving
employee relocation expectations and advances in
technology-especially right now as COVID-19 continues
to change the mobility industry on a daily basis. This will
help HR leaders build effective mobility programs and a
strong workforce that can rebound as markets reopen,
drive company-wide success, and nimbly address global
market challenges and events.
Mary Stoik Dymond is chief talent officer for Graebel Companies Inc.
MAY 2020
| www.hrotoday.com
[41]
location destinations, HR leaders need to adapt mobility
strategies that reflect the many differences across these
cities. However, it's also important to keep in mind that
Chinese employees don't view relocation opportunities
favorably. HR leaders need to take that into account
when developing regional and culturally appropriate
relocation programs.
In India, mobility is largely seen as a tactical cost
of doing business rather than a strategic business
function. However, mobility programs will grow in
value and importance as global companies continue to
enter and expand in markets, and tap into the young,
educated workforce as India continues to develop its
infrastructure.
* Europe, Middle East, and Africa (EMEA): Brexit
uncertainties continue to dominate the European
political and economic scene. As a result, workforce
issues like social security, taxation, and immigration
are transforming and driving mobility program change
initiatives within EMEA-based companies. HR leaders
should closely follow as Brexit unfolds in the coming
months and the world learns more about the UK's new
regulations that will most certainly impact mobility
programs.
* Americas: With a tight housing market in North
America and taking into account millennials' housing
preferences, mobility teams in the U.S. are reviewing
home sale benefits provisions. In Latin America's 33
nations, companies are navigating other housing and
rental challenges as they move or expand into new
markets. HR leaders need to be prepared to navigate
the diverse industries, economies, politics, and practices
of each country.
http://www.hrotoday.com

HRO Today May 2020

Table of Contents for the Digital Edition of HRO Today May 2020

HRO Today May 2020 - 1
HRO Today May 2020 - 2
HRO Today May 2020 - 3
HRO Today May 2020 - 4
HRO Today May 2020 - 5
HRO Today May 2020 - 6
HRO Today May 2020 - 7
HRO Today May 2020 - 8
HRO Today May 2020 - 9
HRO Today May 2020 - 10
HRO Today May 2020 - 11
HRO Today May 2020 - 12
HRO Today May 2020 - 13
HRO Today May 2020 - 14
HRO Today May 2020 - 15
HRO Today May 2020 - 16
HRO Today May 2020 - 17
HRO Today May 2020 - 18
HRO Today May 2020 - 19
HRO Today May 2020 - 20
HRO Today May 2020 - 21
HRO Today May 2020 - 22
HRO Today May 2020 - 23
HRO Today May 2020 - 24
HRO Today May 2020 - 25
HRO Today May 2020 - 26
HRO Today May 2020 - 27
HRO Today May 2020 - 28
HRO Today May 2020 - 29
HRO Today May 2020 - 30
HRO Today May 2020 - 31
HRO Today May 2020 - 32
HRO Today May 2020 - 33
HRO Today May 2020 - 34
HRO Today May 2020 - 35
HRO Today May 2020 - 36
HRO Today May 2020 - 37
HRO Today May 2020 - 38
HRO Today May 2020 - 39
HRO Today May 2020 - 40
HRO Today May 2020 - 41
HRO Today May 2020 - 42
HRO Today May 2020 - 43
HRO Today May 2020 - 44
HRO Today May 2020 - 45
HRO Today May 2020 - 46
HRO Today May 2020 - 47
HRO Today May 2020 - 48
HRO Today May 2020 - 49
HRO Today May 2020 - 50
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2022
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2022
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2020
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2020
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2020
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2020
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2020
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2020
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2020
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2020
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2020
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2020
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2021
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2021
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2021
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2021
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2021
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2021
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2021
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2021
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2021
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2021
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-chro-today-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/chro-today-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-1014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hrot-january-february-2014
https://www.nxtbookmedia.com