Survey reveals sharp cutbacks in overseas assignments |
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| Thursday, 25 June 2009 08:33 | |||
 The latest Global Relocation Trends Survey Report, published by Brookfield GRS, reveals that 67 per cent of companies expect to either reduce or maintain the number of employees they relocate, with the mobility of younger employees reaching an all-time low. The worldwide survey, of 180 multinational firms managing a total worldwide employee population of 9.8 million, revealed widespread pessimism, with 25% expecting their expatriate numbers to decrease. Top relocation challenges were controlling the overall cost of assignments (46%), finding suitable candidates (39%) and controlling policy exceptions (33%). China soared to the top destination position, followed by the US, the UK, Singapore and Switzerland, and is ranked as the top emerging destination after India and Russia. China also presented the greatest challenges to international assignment managers and assignees alike. For more information on the survey, see www.brookfieldgrs.com
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