Standout talent mobility plans attract the workforce of the future
Create a global mobility program to attract and retain top mobile talent
With top talent in high demand, organizations are elevating the mobile employees experience to attract the international workforce they need to succeed. Organizations that can provide the right degree of flexibility to their employees and that offer appealing, sustainable global mobility programs gain a competitive advantage.
To optimize global talent mobility programs, international HR teams are increasingly adopting cutting-edge technology that makes the entire mobility management process simple and seamless for mobility teams, managers and international assignees. Companies need to manage costs while still offering competitive compensation packages. Researching the cost of living and pay differences around the world while checking local talent pools to find new talent is part of this balancing act.
The organization’s cost considerations must be balanced with employees’ standard of living. Livability varies and is driven by factors such as housing, medical care, infrastructure, culture and recreation, education, availability of goods and services, climate, sanitation, geographical remoteness, and the prevalence of disease and violence. Companies are trying to objectively assess these differentials to ensure equity for all mobile employees, no matter where they are working. Employees moving to a city with a lower quality of living receive quality of living allowances.
Finding the right balance between conflicting priorities, and the right mix of technology, flexibility and consistent policies, determine companies’ capacity to attract and retain top mobile talent.
Deeper dive into talent mobility
Quality of Living
Related content
-
Talent & transformationAccelerate digitization and prepare for future industry demands with a data driven approach to financial management.
Related solutions
-
Talent mobility
Organizations need purposeful mobility that delivers business value while containing costs. Mercer has the expertise and tools to help you navigate the complexity…
Related insights
-
Future of work
Global Talent Trends 2024 | Asia
Discover insights on how to enhance productivity, work models, and employee well-being amid technological change. Free report download. -
Future of work
2024 Global Talent Trends
The 2024 edition of Mercer’s annual Global Talent Trends study explores how business executives, HR leaders, and employees are adjusting their priorities and… -
Talent & transformation
The 2023/2024 Skills Snapshot Survey report
The report outlines the benefits of a skills-based approach, including improved employee retention, enhanced workforce agility, and greater flexibility for…