This module will:
explore the strategic, compensation, and employee relations implications of short-term, commuter, rotational, career and localization assignments.
anticipate challenges and adapt your programs and policies to new business imperatives and the evolving needs of “the new expatriates;” and
- develop cost-effective alternatives to the traditional expatriate approach.
Hear a frank discussion of when such programs are not practical.
Explore how cost reduction pressures can drive short-term, commuter, rotational, career, localization and hybrid assignment programs and how an economic recovery and changed labor market can impact these programs.
Explore the myths and realities of short-term assignments.
Understand the difference between short-term assignments and extended business trips.
Learn how to develop a short-term assignment policy that will help your organization meet its global objectives cost-effectively while providing appropriate support for those who accept a short-term assignment on behalf of your organization.
Learn terms and conditions for short-term, hybrid, commuter, and rotational assignments.
Learn to assess the feasibility of a localization program based on a company’s assignee population, benefit programs and the home/host locations.
Review the primary drivers on the balance sheet that must be considered in a localization program as well as the secondary factors and their likely importance in the success of your program.
Learn standard practices for phased compensation and benefit approaches to employee equity.
Identify the hurdles to localization and explore suggestions for overcoming them.
Explore the complexities of localization that lead organizations to offer hybrid mobility programs.
Participate in a detailed discussion of how to communicate, explain and sell a new localization program to an assignee.
Examine home-country, host-country, and offshore approaches for global pension plans.
Explore different options for global medical plans, including home- and host-country approaches.
- Understand the business drivers that cause organizations to consider alternative mobility programs and when and why they are appropriate.
Bonus: Take home a valuable binder containing speakers’ slides, exhibits and other materials that reinforce the day’s learning in easy-to-use reference guides and receive access to a wealth of online material that will supplement the day. You’ll find yourself using the analysis and guides for identifying selection tools, applying the adaptation models to design policy, and referring to relocation statistics to influence senior management thinking at your company.
Read about Module 3.
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