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.
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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