International jobs gravy train derailed by shorter contracts

The
global executive of the future is likely to commute to different countries for
periods of less than 12 months rather than moving abroad for three years.

A
study by US mobility management specialist Cendant Mobility finds that future
mobile executives will in the future typically tend to live in a new country
for less than a year. The survey of more than 180 HR professionals, responsible
for in excess of 200,000 internationally mobile executives, shows that almost
half expect a decrease in long-term assignments.

However,
respondents also predict significant increases in short-term assignments and
requests for international business travel.

Long-term
assignments currently account for about half of all transfers. But 67 per cent
of respondents in the Americas expect this to change in favour of short-term
assignments of less than a year in one country.

In
Europe, the Middle East and Africa, 63 per cent of respondents expect an
increase in international commutation – where employees work in an assigned
nation and frequently commute to their home country.

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Half
the respondents from the Asian region feel that localised transfers, a
cross-border move in which employees are ultimately moved to permanent local
status, will also increase. 
www.cendantmobility.com

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