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Friday, 01 May 2009 00:00 | 
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ORC Worldwide has released a new study, the 2008 Worldwide Survey of International Assignment Practices and Policies, based on expatriate pay practices followed by more than 900 organisations for their 190,100 assignees. The majority of participating firms are headquartered in the Americas (52%), followed by Europe/Middle East/Africa (24%), Japan (19%), and Asia-Pacific (4%).
As expected, expatriate assignments into the Middle East have steadily increased in recent years. Representing only 5% of all assignees in 2000, this percentage doubled to 10% six years later, and now stands at 14.7%. However, China and India have also seen increased activity, both inbound and outbound, and assignees from less-developed countries, such as those in Eastern Europe and Africa, are also becoming more common as new markets continue to emerge and attract global investors.
“Although the majority of organisations continue to use some form of incentive to encourage employees and their families to accept an international assignment – even to desirable host locations,” says Geoffrey Latta, executive vice president for ORC’s international compensation practice area, “over the years there has been a steady trend to provide fewer and smaller premiums.” In fact, 36% of participants do not provide any foreign service premium, and 23% cap whatever premium amount they pay out. 6% of the participants have reduced their premiums in the last two years – thereby continuing the trend.
The results of a new survey by Crown relocations also make interesting Reading. In March, the company carried out a survey among staff working in some of the 200 cities around the world in which it has offices. A summary of their personal insights into how the global economic crisis is affecting the relocation industry in their respective regions, entitled Global Repatriations & Downsizing, is now available from crownrelo.com/newsletter
For details of ORC’s survey, visit orcworldwide.com
Don’t miss our Country Profile on Russia and Eastern Europe in the Summer issue of Re:locate.
As expected, expatriate assignments into the Middle East have steadily increased in recent years. Representing only 5% of all assignees in 2000, this percentage doubled to 10% six years later, and now stands at 14.7%. However, China and India have also seen increased activity, both inbound and outbound, and assignees from less-developed countries, such as those in Eastern Europe and Africa, are also becoming more common as new markets continue to emerge and attract global investors.
“Although the majority of organisations continue to use some form of incentive to encourage employees and their families to accept an international assignment – even to desirable host locations,” says Geoffrey Latta, executive vice president for ORC’s international compensation practice area, “over the years there has been a steady trend to provide fewer and smaller premiums.” In fact, 36% of participants do not provide any foreign service premium, and 23% cap whatever premium amount they pay out. 6% of the participants have reduced their premiums in the last two years – thereby continuing the trend.
The results of a new survey by Crown relocations also make interesting Reading. In March, the company carried out a survey among staff working in some of the 200 cities around the world in which it has offices. A summary of their personal insights into how the global economic crisis is affecting the relocation industry in their respective regions, entitled Global Repatriations & Downsizing, is now available from crownrelo.com/newsletter
For details of ORC’s survey, visit orcworldwide.com
Don’t miss our Country Profile on Russia and Eastern Europe in the Summer issue of Re:locate.
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