Everything you need to know about global mobility

Global mobility is a phenomenon that directly affects how companies aim to expand their business and relocate their employees.

For growth to be beneficial – to the business and the consumer market, professionals need to be prepared for the changes brought about by global mobility.

Gescon’s team experts prepared this especial content with the main information that you need to know about global mobility and its advantages in the Brazilian market. Check out!

1. Global mobility reduces costs

Reducing costs is an important issue in global mobility. In order to enable cost reduction, it’s essential to follow the traditional payment policy tied to the country of origin, only for VIP or high return expatriates.

It’s also recommended to use a compensation approach based on destination country standards for the most common transfers. All transfer-related data needs to be centralized, so that costs and exceptions can be tracked and analyzed.

2. Works with technology to optimize processes

Technology has impacted the international market in different ways, especially Brazil. One os the big improvements was the ability to get accurate data on mobility programs. Companies can now keep track of most details related to the relocated team, such as total volumes, previous locations, relocation types, time remaining, and repatriated employees.

The technology also enables you to retrieve data based on demographic information – gender, family status, region, and business unit. All of this helps to better understand employee profiles by finding out how much money they spend and the type of assistance they usually use. This is one of the best ways you can measure your ROI (Return on Investment) tangibly.

3. Uses the concept of Talent Mobility to keep young workers

The concept of talent mobility is associated with changes over the past decade, where the migration from a traditional mobility approach – moving an employee from A to B and then back to A – has been consolidated.

This allows you to establish a strategic approach by identifying the positions to fill, selecting, preparing the right person, and making a connection between the international experience and the career path, keeping the talent after the return.

 In mature Brazilian companies, global mobility teams work with colleagues responsible for recruiting, developing, retaining talent and future leadership to ensure that mobility policies and programs support the company’s talent goals.

There was a growth in own initiative moves, talent exchanges and short-term repatriations. More creative and flexible benefit policies have also emerged.

4. Considers all aspects and uncertainties of the market

The global mobility considers all possible aspects and circumstances on the global vision: political events, world economy, emerging countries, global leaders, etc.

For these reasons companies needs to understand that international mobility trends are imperative to stimulate critical thinking. Through it you can understand what is coming and then improve your own programs and strategies.

If you want to know more tips about Brazilian market and economy, come to visit our website and talk to us!