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Reducing global mobility costs
SET against a backdrop of increasing expatriate populations, global mobility specialists IPM has put together a document to help companies manage costs more effectively.
“Inevitaby, HR global mobility departments are being pressured to reduce costs and find easier and simpler ways to address international mobility needs. The secret is to reduce costs without negatively impacting on your business strategy,” said IPM managing director Alan Bentley, who has just returned from speaking at an international conference in Paris about this very subject.
He says high skilled individuals continue to be assigned internationally across a range of business sectors for many reasons including troubleshooting;
These areas are inextricably linked to business strategy, so to simply ‘do away’ with international assignments is not practical. What can companies do to manage costs without affecting strategy then?
The IPM document outlines the key areas where costs can be controlled effectively. They include ways of managing the policy; reviewing the allowances and benefits available; assessing recruitment and selection; success-proofing assignments;
IPM will be exhibiting at The European Totally Expat Show and giving away memory sticks containing a copy of the cost management document; an e-brochure and additional ‘added value’ content.
For more information about IPM and the services available visit their website www.ipmbglobalmobility.com or call them on 0845 458 5643.
IPM managing director Alan Bentley