Checklist for employers with globally mobile employees
The beginning of a new calendar year is an opportune time for employers to take a careful look at their overall global mobility strategy to make sure it matches business goals and is working well. Mercer has compiled 12 action items that HR professionals at multinational organizations can take now to ensure their international assignment policies are competitive and aligned with business objectives in 2012.
4. Mark your bench
Compensation and benefit levels change dynamically based on many factors outside organizations control. Employers that have not benchmarked their expatriate program and policies to see what the market is doing may be wasting money by over-compensating or risking attrition by under-compensating. Benchmarking can be based on assignment locations, type of assignee or industry practices.