HRO Today November 2014 - 28

Relocation
Reshaping
Relocation
Today's global market is challenging talent mobility experts to
deliver a trend-driven trio: risk mitigation, the right talent, and
mobile tools.
By Russ Banham
At the dawn of the 21st century, the term globalization
was used to describe the tearing down of national and
organizational borders to create truly global enterprises.
Today, this sea change in business is evident in many large
companies, with their multicultural workforces stretching
across the globe, traveling constantly, and increasingly
spending more of their time in far-off outposts on key
assignments.
In this environment, talent relocation has become
strategic-the organization that best deploys the right
talent in the right place over the right period of time gains
a competitive edge. This strategic imperative is resulting in
several key trends that are reshaping the services provided
by global talent mobility firms. Such trends include:
* Greater attention given an employee's suitability for
a relocation assignment to a particular country over a
specific span of time;
[28]
HRO TODAY MAGAZINE
| NOVEMBER 2014
* Stricter adherence to global tax, immigration, and
data privacy regulations; and
* Increased mobility tools provided transferees.
The latter two trends, in particular, are evident in the
strategic relocation goals at one of the world's largest
global companies, Express Scripts, a pharmacy benefit
management organization with more than $104 billion in
revenue in 2013.
" We serve one out of every three Americans' prescription
needs, which makes us especially concerned about data
security, " says Hazel Cormier, senior manager of talent
acquisition at St. Louis-based Express Scripts. " We process
1.3 billion prescriptions a year, and with prescriptions
come the person's medical information, social security
number, address, and health history. We need to be
absolutely sure that our talent relocation provider-all

HRO Today November 2014

Table of Contents for the Digital Edition of HRO Today November 2014

HRO Today November 2014 - 1
HRO Today November 2014 - 2
HRO Today November 2014 - 3
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HRO Today November 2014 - 5
HRO Today November 2014 - 6
HRO Today November 2014 - 7
HRO Today November 2014 - 8
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