In today’s world, doing global work is getting harder. The geopolitical landscape—fractured alliances, renewed nationalism, sanctions, airspace restrictions, and unpredictable regulation—combined with macro-economic headwinds like inflation, energy costs, and supply chain stress, have made everything from travel to deployment of talent more expensive and time-consuming. For anyone working across borders, these changes are no longer […]
Localization: A Way to Deal with Expat Cost Pressures?
Expatriates are expensive, and this doesn’t come as a surprise. Indeed, according to the latest Brookfield Global Relocation Trends report (2014) expatriation cost pressures continue to be a predominant concern among multinational corporations. Although the majority of companies (98%) are still using long-term assignment policies, most probably with a balance sheet compensation approach, the continuous […]