By 2020, global talent mobility will significantly increase due to growing emerging markets and global connectivity. Demand for international assignments will rise 50% by 2020 as companies seek to deploy talent worldwide. Mobility patterns will shift as emerging markets become talent sources and destinations within their own regions. Changing demographics like retiring baby boomers and rising millennials will require new global talent strategies that make greater use of short-term assignments, virtual tools, and accommodate different generations' needs. Regulations and technologies will also need to evolve to support increased cross-border movement of people for business.
The New Model for Talent Management: Agenda for 2015Josh Bersin
Corporate talent management has matured over the last ten years. In the light of today's new world of work, the globalization of the workforce, and the power of Millennials, it's time to rethink the model. Talent Management today is not just integration of HR - its a new set of 9 imperatives every company must address.
The Transformation of Talent Management presentation takes an in depth look at the challenges facing the HR community as professionals attempt to navigate the changing Talent Management landscape. The piece is full of insights and thought leadership. The data was gathered as part of a survey conducted by the HR Exchange Network on the topic.
Strategic Workforce Planning Model Powerpoint Presentation SlidesSlideTeam
“You can download this product from SlideTeam.net”
Our content-ready strategic workforce planning PowerPoint presentation has pre-designed templates that provide fact-based methods of understanding workforce behavior. This human resource management PPT presentation contain varied range of PowerPoint templates on organizational development, employee plan, vision mission and values, goals and objectives, performance requirements, core skills and competencies, industry trends external analysis, labor market forecast, demographic makeup of customers, human resource trends, levels of employee performance, current staff composition, managing future workforce needs, gap analysis, gap closing strategies, and employee action management. Our workforce developments strategies framework PowerPoint template can impress your viewers and leave an impact on your audiences. Create the impact you wish to deserve. Download our impressive human capital presentation design for topics like succession planning, workforce management, staffing and personnel, human resource management, human capital, capacity building, workload analysis, supply and demand forecasting and business transformation. This strategic workforce planning model PPT slides can make your presentation look even more impressive. Give off confidence with our Strategic Workforce Planning Model Powerpoint Presentation Slides. Display an attitude of self assurance. https://bit.ly/3ETrVdj
The New Model for Talent Management: Agenda for 2015Josh Bersin
Corporate talent management has matured over the last ten years. In the light of today's new world of work, the globalization of the workforce, and the power of Millennials, it's time to rethink the model. Talent Management today is not just integration of HR - its a new set of 9 imperatives every company must address.
The Transformation of Talent Management presentation takes an in depth look at the challenges facing the HR community as professionals attempt to navigate the changing Talent Management landscape. The piece is full of insights and thought leadership. The data was gathered as part of a survey conducted by the HR Exchange Network on the topic.
Strategic Workforce Planning Model Powerpoint Presentation SlidesSlideTeam
“You can download this product from SlideTeam.net”
Our content-ready strategic workforce planning PowerPoint presentation has pre-designed templates that provide fact-based methods of understanding workforce behavior. This human resource management PPT presentation contain varied range of PowerPoint templates on organizational development, employee plan, vision mission and values, goals and objectives, performance requirements, core skills and competencies, industry trends external analysis, labor market forecast, demographic makeup of customers, human resource trends, levels of employee performance, current staff composition, managing future workforce needs, gap analysis, gap closing strategies, and employee action management. Our workforce developments strategies framework PowerPoint template can impress your viewers and leave an impact on your audiences. Create the impact you wish to deserve. Download our impressive human capital presentation design for topics like succession planning, workforce management, staffing and personnel, human resource management, human capital, capacity building, workload analysis, supply and demand forecasting and business transformation. This strategic workforce planning model PPT slides can make your presentation look even more impressive. Give off confidence with our Strategic Workforce Planning Model Powerpoint Presentation Slides. Display an attitude of self assurance. https://bit.ly/3ETrVdj
Putting Succession Planning into Practice – Talent Assessment and DevelopmentThe HR Observer
The session will start with the complexities organisations face when it comes to succession planning. Who do we develop, why and how? We will talk through the use of performance data, adherence to values, engagement and other dimensions in the talent identification process ultimately debating 'Potential'. How do we measure potential? What does it mean? Once organisations have a 'long list' of candidate nominations, how and what do we assess; leadership behaviour, cognitive agility, learning agility and emotional intelligence. We will then close by making the link between the diagnostic development activities and L&D curriculum design.
Amanda White, Managing Director, Innovative HR Solutions
Chris Ryan, CEO, CRSystems
Talent Management Process PowerPoint Presentation SlidesSlideTeam
Talent Management Process PowerPoint Presentation Slides is professionally created for HR personnel to showcase human resource strategy. The concise diagram included in this personnel management PPT theme helps you explain talent management methodology. Illustrate an overview of talent planning and the different phases involved therein by the means of HR management PowerPoint slideshow. Demonstrate the recruitment sources, process, current vacancies talent development plan, and department-wise hiring plan through this workforce planning PPT template. Our employee management PowerPoint theme helps you elucidate talent retention based on performance and talent retention strategies. Using this staff management PPT presentation, you can elaborate on the performance management of the members of your organization. This workforce planning PowerPoint template highlights employee motivational factors and action plan for employee motivation. By downloading our personnel administration PPT slideshow, you can showcase the development of succession and career plan, and employee engagement plan. https://bit.ly/2XcYizT
Too much talent management is too complex. Talent management does of course incorporate genuine challenges and tough choices. But we don’t need cumbersome processes and practices to make life harder for our executives, managers and professionals.
Summarising talent management into “one page” is too big an ask. Here is our attempt to distil the issues into ten templates:
Continuous Performance Management: How To Make It WorkJosh Bersin
The new world of continuous performance management has arrived. In this presentation we show the 7 practices and give some examples of how to implement this important new management and HR model.
Recruitment and selection in talent managementSeta Wicaksana
“People decisions are the most difficult decisions in organisations. The ability to make the right decisions about people represents the most reliable source of competitive advantage because few organisations have it” Peter Drucker
Digital HR Technology Powerpoint Presentation SlidesSlideTeam
Introducing Digital HR Technology PowerPoint Presentation Slides that will help you to identify the desired target state of the HR system and develop an associated roadmap. Our visually appealing human resource planning presentation contains various templates describing human capital management, HR technology system, human resource information system, KPI of human resource management, etc. Utilize our readily available human resource management PPT infographics to provide a detailed overview of HR technology industry trends, phases of HR technology in the firm, HR technology capability model, etc. Showcase different functions of the human resource information system by mentioning operative and managerial activities. This HRIS PPT slide designs will help in understanding the HR system by showing the relation of HR functions with different users of systems including employee, manager, and HR. Analyze different categories of HR market vendors and provide an overview of the HRIS market by utilizing these content-ready HR technology PPT layouts. Discuss key features of HCM technology, focus areas, market overview, etc in detail by downloading this human resource planning PPT slide deck. https://bit.ly/3awYwIB
High-Impact HR: Building a Business-Driven HR OrganizationJosh Bersin
This presentation summarizes some of Bersin by Deloitte's latest High-Impact HR research, focused on helping organizations restructure and redesign their HR organization (and the team) in a new way. Our research shows that a new model is needed - one led by specialization, business-oriented HR leaders embedded in the business, and what we call "networks of expertise" to replace the "centers of expertise" typically considered. All this, combined with self-service technology and easy to use service delivery focuses on empowering HR to be "management focused," leverage data, and support the business in new ways.
New skills and capabilities of HR are briefly included.
How to level up learning and developmentChris Smith
Learn about Redgate's journey so far with learning and development at Redgate. We’ve tried golden tickets, 10% time, down tools weeks, katas and guilds - and still something was missing. We’ll tell you about how our efforts brought us to curating and organising our own product development conference and what happened as a result.
Agile recruiting: Optimizing your Talent Acquisition Operating ModelBeamery
The agile management methodology brings concrete, measurable improvements to the companies who use it, from better stakeholder management and clearer priorities to faster delivery and go-to-market times. In recruiting specifically, it means a better way to prioritize hiring projects, improved visibility for both recruiters and hiring managers, and overall a more efficient, iterative recruiting process.
We've invited Mitzi Shafar, an experienced talent acquisition leader and currently lead partner at Talent Collective, to tell us more about the agile recruiting methodology.
When we say HR Business Partner, do you think, "strategic"?PeopleFirm
More than one business leader in our orbit has recently questioned the value of the Human Resources Business Partner in today's organization. They wonder if the HRBP — traditionally a liaison between the business unit and HR centers of excellence — should be phased out.
Well, we think there's still a uniquely valuable role for the HRBP in the organization... but some changes need to be made. In fact, we felt strongly enough about it that we put together a 3 minute postcard on the subject. Enjoy!
Putting Succession Planning into Practice – Talent Assessment and DevelopmentThe HR Observer
The session will start with the complexities organisations face when it comes to succession planning. Who do we develop, why and how? We will talk through the use of performance data, adherence to values, engagement and other dimensions in the talent identification process ultimately debating 'Potential'. How do we measure potential? What does it mean? Once organisations have a 'long list' of candidate nominations, how and what do we assess; leadership behaviour, cognitive agility, learning agility and emotional intelligence. We will then close by making the link between the diagnostic development activities and L&D curriculum design.
Amanda White, Managing Director, Innovative HR Solutions
Chris Ryan, CEO, CRSystems
Talent Management Process PowerPoint Presentation SlidesSlideTeam
Talent Management Process PowerPoint Presentation Slides is professionally created for HR personnel to showcase human resource strategy. The concise diagram included in this personnel management PPT theme helps you explain talent management methodology. Illustrate an overview of talent planning and the different phases involved therein by the means of HR management PowerPoint slideshow. Demonstrate the recruitment sources, process, current vacancies talent development plan, and department-wise hiring plan through this workforce planning PPT template. Our employee management PowerPoint theme helps you elucidate talent retention based on performance and talent retention strategies. Using this staff management PPT presentation, you can elaborate on the performance management of the members of your organization. This workforce planning PowerPoint template highlights employee motivational factors and action plan for employee motivation. By downloading our personnel administration PPT slideshow, you can showcase the development of succession and career plan, and employee engagement plan. https://bit.ly/2XcYizT
Too much talent management is too complex. Talent management does of course incorporate genuine challenges and tough choices. But we don’t need cumbersome processes and practices to make life harder for our executives, managers and professionals.
Summarising talent management into “one page” is too big an ask. Here is our attempt to distil the issues into ten templates:
Continuous Performance Management: How To Make It WorkJosh Bersin
The new world of continuous performance management has arrived. In this presentation we show the 7 practices and give some examples of how to implement this important new management and HR model.
Recruitment and selection in talent managementSeta Wicaksana
“People decisions are the most difficult decisions in organisations. The ability to make the right decisions about people represents the most reliable source of competitive advantage because few organisations have it” Peter Drucker
Digital HR Technology Powerpoint Presentation SlidesSlideTeam
Introducing Digital HR Technology PowerPoint Presentation Slides that will help you to identify the desired target state of the HR system and develop an associated roadmap. Our visually appealing human resource planning presentation contains various templates describing human capital management, HR technology system, human resource information system, KPI of human resource management, etc. Utilize our readily available human resource management PPT infographics to provide a detailed overview of HR technology industry trends, phases of HR technology in the firm, HR technology capability model, etc. Showcase different functions of the human resource information system by mentioning operative and managerial activities. This HRIS PPT slide designs will help in understanding the HR system by showing the relation of HR functions with different users of systems including employee, manager, and HR. Analyze different categories of HR market vendors and provide an overview of the HRIS market by utilizing these content-ready HR technology PPT layouts. Discuss key features of HCM technology, focus areas, market overview, etc in detail by downloading this human resource planning PPT slide deck. https://bit.ly/3awYwIB
High-Impact HR: Building a Business-Driven HR OrganizationJosh Bersin
This presentation summarizes some of Bersin by Deloitte's latest High-Impact HR research, focused on helping organizations restructure and redesign their HR organization (and the team) in a new way. Our research shows that a new model is needed - one led by specialization, business-oriented HR leaders embedded in the business, and what we call "networks of expertise" to replace the "centers of expertise" typically considered. All this, combined with self-service technology and easy to use service delivery focuses on empowering HR to be "management focused," leverage data, and support the business in new ways.
New skills and capabilities of HR are briefly included.
How to level up learning and developmentChris Smith
Learn about Redgate's journey so far with learning and development at Redgate. We’ve tried golden tickets, 10% time, down tools weeks, katas and guilds - and still something was missing. We’ll tell you about how our efforts brought us to curating and organising our own product development conference and what happened as a result.
Agile recruiting: Optimizing your Talent Acquisition Operating ModelBeamery
The agile management methodology brings concrete, measurable improvements to the companies who use it, from better stakeholder management and clearer priorities to faster delivery and go-to-market times. In recruiting specifically, it means a better way to prioritize hiring projects, improved visibility for both recruiters and hiring managers, and overall a more efficient, iterative recruiting process.
We've invited Mitzi Shafar, an experienced talent acquisition leader and currently lead partner at Talent Collective, to tell us more about the agile recruiting methodology.
When we say HR Business Partner, do you think, "strategic"?PeopleFirm
More than one business leader in our orbit has recently questioned the value of the Human Resources Business Partner in today's organization. They wonder if the HRBP — traditionally a liaison between the business unit and HR centers of excellence — should be phased out.
Well, we think there's still a uniquely valuable role for the HRBP in the organization... but some changes need to be made. In fact, we felt strongly enough about it that we put together a 3 minute postcard on the subject. Enjoy!
21st Century Talent Management: Imperatives for 2014 and 2015Josh Bersin
What are the big imperatives for business and HR leaders in 2014 and 2015? The workforce, workplace, and global labor markets have changed. This presentation highlights Bersin by Deloitte's key research on many of the most important topics facing business leaders around the world.
Mobile Recruitment Strategies That Actually Work | Talent Connect Vegas 2013LinkedIn Talent Solutions
These strategic yet practical case studies from Talent Connect Vegas 2013 will show you how to build a successful, impactful mobile recruiting program.
Learn more about Recruiter Mobile: http://linkd.in/19FB2aa
Subscribe to our blog: http://linkd.in/18yp4Cg
Follow our LinkedIn company page: http://linkd.in/1f39JyH
Tweet with us: http://bit.ly/HireOnLinkedIn
Best Practices in Recruiting Today - High-Impact Talent AcquisitionJosh Bersin
Preliminary findings for Bersin by Deloitte 2013 High-Impact Talent Acquisition research. What drives business impact in corporate recruiting today? What are the top practices to focus on? Presented at iRecruit conference June 2013.
Etude PwC sur la mobilité professionnelle d'ici à 2020 (2013)PwC France
http://pwc.to/VOdujF
La production de l’étude « Talent mobility 2020 and beyond » est le résultat de l’analyse de plusieurs sources sur le secteur de l’économie mondiale et des grandes entreprises.
L’étude reprend les réponses des 900 entreprises qui ont été interrogés sur les tendances de mobilité au cours des 20 dernières années et les résultats de la planification de scénarios testés avec plusieurs séries d’employés de demain sur l'avenir du travail à 2020. L’étude retranscrit aussi les entretiens des spécialistes des « talents » et de la mobilité PwC soutenus par les avis de plusieurs organisations mondiales dans le monde entier.
Estudo feito pela Oxford Economics
Talento Global de 2021 Como a nova geografia do talento vai transformar estratégias de recursos humanos
mudanças na oferta de talentos irá ocorrer durante a próxima década. Para completar os resultados
de nossa pesquisa quantitativa, foi realizada uma série de entrevistas em profundidade com HR
executivos de todo o mundo e chamou a experiência de nosso comitê de direção de RH.
Nossa pesquisa revela não só paisagem de amanhã para o talento global será
dramaticamente diferente do que a de hoje, mas que alguns países e Industries
precisam de se adaptar mais rapidamente para acomodar essas mudanças rápidas.
Technology and behavior megatrends are reshaping business globally. To advance and grow, organizations need new ways to connect to both employees and customers, because old paradigms are costly.
PwC recently released its Global CEO Survey, which revealed that 90% of US CEOs look to growing customers in Brazil, China, and India. Where do you think growth will happen in the next 5 years?
Delivering Results Growth And Value In A Volatile World 15th Annual Globa...Colin McKillop
This report is based on survey
interviews with the Top 104 Automotive CEOs across 31 countries, as well as in-depth interviews with CEOs from companies across the automotive value chain.
Global capability centers driving innovation growth in digital worldPolestarsolutions
Global capability centers (GCCs) are playing a crucial role in driving innovation and growth in the digital world by leveraging technology and talent.
link: https://www.polestarllp.com/ebook/global-capability-centers-driving-innovation-growth-in-digital-world
Informe Capital Markets 2020, elaborado por PwC, a partir de una encuesta realizadas a 250 directivos del sector financiero -bancos, banca privada, brokers, hedge funds, fondos de pensiones, entre otros- en todo el mundo.
Emergence of a truly global work forceNair and Co.
As employers around the world face a talent crunch for accounting and finance professionals, the time is ripe for the emergence of a truly global work force—people who are talented and can accomplish anything, anywhere. We are talking about economies with massive accounting needs and tax and compliance regulations Byzantine enough to challenge the Rubik’s cube. As a finance professional, it is time to start thinking about your opportunities globally.
A recent study revealed that digital leaders (the top 10 percent of
companies leading technology innovation) achieve 2–3x revenue
growth as compared to their competitors—a widening divide that Accenture calls the “Digital Achievement Gap.” upload by Shamayun Miah Management Consultant Accenture
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
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India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
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⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
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"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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2. “The next decade could prove to be an extraordinary era for business
and society—a period in which companies and governments
work together to produce an environment capable of supporting
wealth creation and social cohesion around the globe. The world
is connected as it has never been before, and the power of
collaboration is beginning to emerge.”
—Akhil Gupta
CEO 1
Bharti Airtel Limited, India
1 Quotes featured in this report were taken from PwC’s 11th, 12th, and 13th annual global CEO surveys.
3. Background: Our globally connected world and
your business
The year 2020 is only a decade away, yet the way our • Results from PwC’s annual global CEO surveys.
global workforce is sourced, organised, and managed
• Findings from PwC’s survey of millennials that
will change radically by that time. An explosion of
resulted in more than 4,000 responses.2
activity in emerging markets has contributed to a
significant increase in the need for companies to move • Interviews with PwC talent mobility specialists
people and source talent from all around the world. supported by the views of several multinational
In this next installment of PricewaterhouseCoopers’ organisations from around the world.
Managing tomorrow’s people series, we decided to
explore the issue of future talent mobility in more detail. Our conclusions are outlined in this report. In short,
We have used several sources to inform this report: we envisage a future business world markedly different
from that of today. Mobilisation strategies will need to
• Information from our database representing 900
progress significantly to keep pace with this change
companies that have been surveyed on assignment
and the further increases in assignee numbers. We are
trends over the past 18 years.
not yet consigning existing models for international
• Findings from scenario planning studies for our assignments to the history books, but for organisations
Managing tomorrow’s people series, which to be successful in the coming decade, a radical rethink
explores the future of work to 2020. of policy and processes may be required.
2 For the purpose of this report, millennials, also known as Generation Y, are defined as those who entered the workplace after the year 2000.
‘PricewaterhouseCoopers’ refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.
Talent Mobility 2020
The next generation of international assignments 1
4.
5. Contents
Executive summary 4
The world in 2020
Where the world is heading 6
Changing workforce demographics and dynamics
A global talent gap
Future view: New capital cities
Business collaboration
Future view: Three generations of assignment needs
Adapting to change—a new wave of global assignments 14
A differing view on retirement benefits
The march of the millennials
The evolution of assignment types
Returning home with new knowledge and skills
Future view: Mobility map 2020
Weighing the costs—challenges and opportunities 20
Using technology to enhance mobility
Risks associated with advanced technology
Barriers to mobility
HR implications of shifting global mobility patterns 22
Remuneration policies
Bidding for loyalty
Future view: Bringing down the regulatory barriers to mobility
The regulatory challenge—a new era of global and local compliance 26
Business and government—working in harmony
Future view: Advances in technology simplify compliance
In conclusion 28
Future view: Talent mobility on the World Economic Forum agenda
Talent Mobility 2020
The next generation of international assignments 3
6. Executive summary
The world in 2020 of CEOs in PwC’s annual global CEO survey saying
As a creative company, that having the right talent is the most critical factor for
It is hard to imagine events that could more
their business growth. In addition, 79% of CEOs said
our success is absolutely dramatically establish today’s characteristic global
they would be changing their strategies for managing
dependent on our and interconnected nature than the economic crisis of
talent as a result of the downturn—and 55% said they
employees, their ideas recent times. Knowledge, trade, technology, capital,
would look to change their approach to global mobility
and goods and services are more globally connected
and intellectual resources. than ever. Coupled with the rise of emerging markets
including international secondments. In the wake of
a foreseeable upturn, the winners and losers of the
and focus on new revenue streams, these trends have
—Hartmut Ostrowski next decade will be defined by those who are able to
created a swell in global worker mobility.
Chairman & CEO attract, retain, and deploy their key talent globally. The
Bertelsmann AG sentiments outlined above are well aligned with the key
As the turmoil settles and the worldwide financial future
findings of this report:
unfolds, governments, regulators, and the business
community will increasingly work together on the great • Our data reveals that assignee levels have increased
issues of the day—economic recovery, new governance by 25% over the last decade; we predict a further
models, climate change, technology advances. But how 50% growth in assignments by 2020 (see Figure 1).
will businesses adapt to the “new normal” and what There will be more assignees, more business travel,
talent will they need to operate in this collaborative more virtual tools, and especially more quick, short-
global environment? In the next 10 years we believe term, and commuter assignments.
companies will have an even greater need to deploy
• The growing importance of emerging markets
their talent around the world, and as a consequence,
will create a significant shift in mobility patterns,
international assignment levels and overall mobility will
as skilled employees from emerging markets
increase significantly (see maps on pages 18 and 19).
increasingly operate across their home continent
and beyond, creating greater diversity in the global
Having access to the best talent continues to be a
talent pool.
challenge for CEOs and business leaders—with 97%
4 PricewaterhouseCoopers
7. • Mobility strategies will need to become more The nature of overseas assignments has changed
sophisticated and complex as organisations meet significantly since the 1970s. Businesses, like the We’re really globalising
growing deployment demands, while simultaneously population, will continue to adjust their operations,
managing the very different needs and expectations nature and geographic location of the workforce,
the business. More of our
of three generations of workers. as well as their fundamental structure and roles. We businesses are running on
will see a shift from country-based multinationals to global functional models
• Governments and regulators will accept the
economic benefits of talent mobility to stimulate
global multinationals, and a change in how and where today, which definitely
economic growth. This acceptance will lead to
business operates. ramps up two things.
greater collaboration between governments You need to have really
How your organisation responds to these rapid changes
and businesses, and within the business
will be critical. Business and mobilisation strategies will
good people to be able
community, to remove some of the barriers to
need to progress quickly to keep ahead of both changes to manage around that
mobility around the world. complexity, and you need
in the organisation’s geographic landscape, and the
• The millennial generation will view overseas further increases in assignee numbers that will result. to have good information
assignments as a rite of passage, an outlook availability and structure
that will change the way workers and organisations How will your business operate in this new so you can do it on an
approach overseas opportunities in the future. environment? What talent will you need to compete,
and how will you safeguard your talent pipeline for
efficient basis. We’re
• Organisations will adopt “destination pay and local
the long term? The winners of 2020 will be those breaking through those
plus” remuneration methodologies as compensation barriers now. It’s a cultural
companies that adjust their strategies now.
levels across some skill sets and industries will
begin to harmonise across the globe. change, it’s a business
model change for us, but
• Technology will play a key role in global working it’s absolutely the right
arrangements and help to support compliance
obligations; however technology will not erode the thing for us to do.
need to have people deployed “on the ground”.
—Dean A. Scarborough
President and CEO
Avery Dennison Corporation
Talent Mobility 2020
The next generation of international assignments 5
8. Where the world is heading
Changing workforce demographics and dynamics multinationals, we will see a bedrock change in how
and where business gets done that will have numerous
We believe the war for talent will continue to be the
ramifications globally for companies, employees, their
major human resource issue to 2020, when the people
families, and the marketplace. We predict that there will
pipeline looks to be the most crucial variable separating
be a further 50% growth in international assignments
winners and losers in the marketplace. Companies
by 2020 (see Figure 1). This will only increase the
may go to creative, perhaps even extreme, lengths
need for expeditious knowledge transfer and amplify
to secure and retain talent and knowledge as their
the pressure on human resource leaders to tackle the
existing workforce ages. Global mobility will play a
ensuing regulatory, compensation, and tax wrinkles,
key role in solving the labour availability conundrum.
while also developing a streamlined process for the
As country-based multinationals evolve into global
assignee and the organisation.
Figure 1: The mobile population in large organisations is increasing
200
Average number 25% growth
of assignees1
50% growth
0 100 200 300 400 500
1998 2009 2020
1. 2020 projection: As the business model of an organisation evolves from multinational to international to global—the assignee mix shifts accordingly (from 80% of assignees from HQ, to 60%
from HQ to 40% from HQ). Assignee numbers continue to increase and the definitions of mobility have broadened—even with an increase in assignee numbers, costs may be flat due to
changes in package design and focus on lower cost alternatives. Assignee type mix has evolved from 50% executive to 10% executive.
Source: PwC international mobility database—sample 900 companies
6 PricewaterhouseCoopers
9. Bridging the gap
A global talent gap Businesses and governments will increasingly work Our efforts have been
As many world populations age, birthrates in most together to address these emerging talent gaps. concentrated on gearing
mature economies are trending downward. Many Safeguarding the talent pipeline will be the driving force our HR policy to this
Western economies cite declining birth rates as a of HR strategy over the next decade. Governments difficult period. While we
major problem in the war for talent. Yet China, India, need to invest in education to improve the supply of
Eastern Europe, and parts of South America are people with good skills. At the same time, it is likely are strong on diversity, we
also grappling with critical talent shortages. Russia retirement ages will increase and people will extend are determined to improve
alone faces an estimated reduction of approximately their working lives. further and to develop
20 million working age people by 2030.3 The UN new talents across all our
anticipates that China’s working-age population territories. What’s more, we
(those aged 15-59) will fall behind Vietnam’s in have continued recruiting
2020 and lag behind India and Brazil in 2025.4
China is already facing skills shortages at the senior
in emerging countries.
management and executive level, and expects
—Bruno Lafont
workforce growth of less than 5% by 2015, at which
Chairman and CEO
time one-third of the country’s billion-plus population
Lafarge Group
will be over 50 years old.5
3 The Journal of International Security Affairs, Fall 2009, http://www.securityaffairs.org/issues/2009/17/eberstadt&shah.php
4 Business Economics, October 2005, Cliff Waldman, http://findarticles.com/p/articles/mi_m1094/is_4_40/ai_n15969911/pg_10/?tag=content;col1
5 Shanghai Academy of Social Sciences, Adecco Institute, and University of Warwick, 2007.
Talent Mobility 2020
The next generation of international assignments 7
10. Future view
Europe is expected to New capital cities
undergo a population Over the last 60 years, there has been a significant Of these, only three are located in the United States,
decline to an extent that shift in the cities once considered to be the most representing a significant shift from 75 years earlier.
has not been seen since highly populated in the world. Many traditional London and Lima will come out of the top 30, and
the Black Death. business hubs such as Paris, London, and Moscow, three new cities that were not even ranked in 2007
will be dwarfed in population size by Mumbai, Delhi, will emerge: Lahore, Shenzhen, and Chennai.
—Alf Göransson and Dhaka. Of the 30 most highly populated cities
President and CEO in 1950, only 19 remained among the top 30 as of The following table from the PwC macroeconomic
Securitas 2007. In addition, 11 new cities that had never before unit shows the largest city economies in the world
registered as large enough populations have hit the and how this might change by 2025.
top 30. By 2025, only 16 cities that ranked among
the 30 most populated in 1950 will remain on the list.
8 PricewaterhouseCoopers
11. Figure 2: Trends in top 30 urban agglomerations by population: 1950-2025 6
Ranking in Pop. (m) 1950 Ranking in Pop. (m) 1990 Ranking in Pop. (m) 2007 Projected Projected
1950 1990 2007 ranking in 2025 Pop. (m) 2025
1. New York 12.3 Tokyo 32.5 Tokyo 35.7 Tokyo 36.4
2. Tokyo 11.3 New York 16.1 New York 19.0 Mumbai 26.4
3. London 8.4 Mexico City 15.3 Mexico City 19.0 Delhi 22.5
4. Shanghai 6.1 São Paulo 14.8 Mumbai 19.0 Dhaka 22.0
5. Paris 5.4 Mumbai 12.3 São Paulo 18.8 São Paulo 21.4
6. Moscow 5.4 Osaka-Kobe 11.0 Delhi 15.9 Mexico City 21.0
7. Buenos Aires 5.1 Kolkata 10.9 Shanghai 15.0 New York 20.6
8. Chicago 5.0 Los Angeles 10.9 Kolkata 14.8 Kolkata 20.6
9. Kolkata 4.5 Seoul 10.5 Dhaka 13.5 Shanghai 19.4
10. Beijing 4.3 Buenos Aires 10.5 Buenos Aires 12.8 Karachi 19.1
11. Osaka/Kobe 4.1 Rio de Janeiro 9.6 Los Angeles 12.5 Kinshasa 16.8
12. Los Angeles 4.0 Paris 9.3 Karachi 12.1 Lagos 15.8
13. Berlin 3.3 Cairo 9.1 Cairo 11.9 Cairo 15.6
14. Philadelphia 3.1 Moscow 9.1 Rio de Janeiro 11.7 Manila 14.8
15. Rio de Janeiro 3.0 Delhi 8.2 Osaka-Kobe 11.3 Beijing 14.5
16. St Petersburg 2.9 Shanghai 8.2 Beijing 11.1 Buenos Aires 13.8
17. Mexico City 2.9 Manila 8.0 Manila 11.1 Los Angeles 13.7
18. Mumbai 2.9 London 7.7 Moscow 10.5 Rio de Janeiro 13.4
19. Detroit 2.8 Jakarta 7.7 Istanbul 10.1 Jakarta 12.4
20. Boston 2.6 Chicago 7.4 Paris 9.9 Istanbul 12.1
21. Cairo 2.5 Beijing 7.4 Seoul 9.8 Guangzhou 11.8
22. Manchester 2.4 Karachi 7.1 Lagos 9.5 Osaka-Kobe 11.4
23. Tianjin 2.4 Istanbul 6.6 Jakarta 9.1 Moscow 10.5
24. São Paulo 2.3 Dhaka 6.5 Chicago 9.0 Lahore 10.5
25. Birmingham 2.2 Tehran 6.4 Guangzhou 8.8 Shenzhen 10.2
6 PricewaterhouseCoopers UK Economic Outlook,
26. Shenyang 2.1 Bangkok 5.9 London 8.6 Chennai 10.1 November 2009
27. Rome 1.9 Lima 5.8 Lima 8.0 Paris 10.0
Source: Population Division of the Department of
28. Milan 1.9 Tianjin 5.8 Tehran 7.9 Chicago 9.9 Economic and Social Affairs of the United Nations
29. San Francisco 1.9 Hong Kong 5.7 Kinshasa 7.8 Tehran 9.8 Secretariat, World Population Prospects: The 2006
Revision and World Urbanization Prospects: The 2007
30. Barcelona 1.8 Chennai 5.3 Bogotá 7.8 Seoul 9.7 Revision
Talent Mobility 2020
The next generation of international assignments 9
12. These population shifts are likely to have a strong are managed and deployed will be critical to their
Twenty-five years ago, influence on where global organisations will do business ongoing success. If some of the fast growing cities are
in tomorrow’s world. They will need to think in terms also producing highly skilled workers, this will increase
ChemChina was spun of which physical location will be the most competitive the attractiveness of relocation for some organisations.
off from China National and cost-effective, while successfully meeting customer
Bluestar with a staff needs at the same time. This is likely to mean that many Evidence of these changes is already beginning to
of just seven. Now we organisations will enter new locations or even exit some emerge as the accelerating pace toward globalisation
employ 160,000 people. of their traditional business locations. How they will is having a direct impact on the mobility of employees.
We employ many operate and resource their businesses in light of these As illustrated in Figure 3, many organisations will also
shifts; and how this will impact where and how people increase the number of assignee host locations.
people from Western
countries, including at
the management level. Figure 3: Companies are hosting assignees in more countries than ever before
We see many enterprises The average number of host locations supported by a global organisation continues to rise
around the world cutting
jobs because of the
financial crisis and we 1998 13
work with leading human
2009 22
resource consultancies
to recruit more Western 2020 50% growth 33
professionals.7 0 5 10 15 20 25 30 35
—REN Jianxin Average number of host locations per organisation
President
China National Chemical Source: PwC international mobility database—sample 900 companies
Corporation (ChemChina)
7 Quote taken from PwC’s 12th annual global CEO survey.
10 PricewaterhouseCoopers
13. Business collaboration
Companies will become ever-more reliant on technology A country within a country model I believe that the system
and the management of the end-to-end business cycle. The mining industry in Africa already operates should work like this: If
At the same time, they will focus increasingly on the a country within a country model, in which you employ people at
economic costs of corporate social responsibility for employees can grow up within the organisation, your production facilities,
the locations in which they operate. Consequently, somewhat insulated from the outside world and
collaboration between businesses is likely to increase with all of their needs met by their employer. It is
you should invest in
because companies will want to link with their suppliers not clear whether employee loyalty arises from infrastructure development,
to ensure that their businesses are sustainable over the model, but employee satisfaction levels are housing, and amenities
the long term. Equally, a greater focus on customer managed. Schooling, housing, healthcare, and such as kindergartens
needs and buying behaviours will enable companies other needs are met. and schools. You should
to forge deeper and longer lasting relationships with also ensure that your
their customers. In parts of Africa, Southeast Asia, and even
Siberia, industries such as oil and gas and
workforce is adequately
As companies venture into new cities or regions, many construction are developing infrastructure services compensated.
will consider how to provide the infrastructure that and accommodations for mobile communities in
will enable their employees to maintain an acceptable various locations. Should the trend continue and —Tigran Nersisyan
standard of living while also providing for long-term the model grow more prevalent, companies will President
financial security for key employees. We anticipate need to assess the costs and risks that might Borodino Group
that this will create a rise in business-to-business apply, as measured against the value of improved
collaboration, where we will see organisations strike employee satisfaction and likely retention.
up innovative relationships with other companies, even
to the extent of providing schooling, medical facilities,
shopping, and lifestyle amenities. In some locations, they
may create insular enclaves, like old-fashioned expatriate
communities; in others, these may develop into an entire
infrastructure built around the organisations.
Talent Mobility 2020
The next generation of international assignments 11
14. Sustainable initiatives that benefit the region and In particular, millennial employees will be attracted
the local population, as well as their assignees, will by organisations that demonstrate a commitment
become increasingly important. In support of such to sustainable business practice.8 More than 80%
initiatives, companies and governments will co-invest in of millennials in our study said they would leave an
projects such as improved transportation links, health employer whose corporate sustainability values no
and welfare facilities, and community centres. Some longer met their own.
governments may also be attracted by initiatives to train
and develop local workers. This could materialise in the
form of incentives for employers. From the employers’
perspective, it means that over time they will have locally
trained expertise and will not have to continue investing
in deploying assignees from other parts of the world.
8 PwC Millennials at Work report 2008
12 PricewaterhouseCoopers
15. Future view
Three generations of assignment needs
When we look at the composition of the workforce may be selective about international assignments.
and the types of mobility patterns that will exist They will look for seniority-based roles which
by 2020, we can categorise them into three may include a traditional long-term assignment
demographic groups. By 2020, the differing and accompanying benefits and allowance or
needs of these three generations will result in very they will be looking for creative, flexible commuter
different mobility practices which will be difficult for arrangements to balance their personal and
organisations to manage and get right. work life.
• Baby Boomers: In 2020, this group will have • Millennials: This group will make up the significant
achieved most of its career goals but—due to majority of all international assignments by 2020.
increased life expectancy—will be keen to work They will increasingly view the organisation—and
longer to bolster finances to see them through the world—without boundaries. They will happily
retirement. The motivation for a Baby Boomer to begin their careers outside their home countries
accept an assignment will be based on financial if the employment or role prospects are greater
package, location, or opportunity. For these abroad. They will continue to follow well-paid
individuals, we would expect the more traditional opportunities internationally while spending spells
long-term international assignment package and in their home countries, but just as likely to shift
process to continue to be the norm. across functional areas, roles, multiple cultures
and economies, without the need to return to their
• Generation Xers: They will be at the peak of home country until perhaps later in their careers.
their earnings potential by 2020, but may be Their focus is on interest and opportunity, not
concerned about building and maintaining necessarily monetary rewards, and we foresee
pension entitlements, and still having to fund for them a fundamental change in the assignment
costs of their children’s education. They will be duration, package type, and value.
at or near the top of the career ladder so they
Talent Mobility 2020
The next generation of international assignments 13
16. Adapting to change—a new wave of
global assignments
Different generations in the workplace bring different The march of the millennials
qualities to the table, assert different needs, and
The future workforce is already with us and companies
demonstrate diverse opinions on what is most valuable
must decide now how they will recruit, manage,
to them. New mobility practices will emerge as
and develop these people, or face losing the war
organisations work to meet the unique needs of the next
for talent and competitive edge over the coming 10
generation of international assignees. Organisational
years. The millennials have a mind-set, aspirations,
philosophy, too, will change as the cultural differences
and expectations markedly different than those of all
between generations become more evident.
previous generations. Those we surveyed in 2008 cited
training and development as their top choice among
A differing view on retirement benefits
employer-provided benefits. Perhaps cognisant of
The US, Europe, and parts of Asia all face pension the recent market turmoil and the impending demise
system meltdowns as the workforce ages and funding of social security retirement benefits and generously
shrinks. A key issue, particularly for Baby Boomers and funded company pensions, millennials see a need to
Generation X workers, will be the ability to preserve save significantly for their own retirement. Flexibility and
entitlements to state and private pension funding job mobility are key. Corporate responsibility is also a
arrangements, especially for those fortunate enough to critical consideration for this generation when looking
be included in final salary defined benefit arrangements. for attractive employers.
Many of the world’s social security systems will come
under increasing stress as tax revenue is overcome in Millennials are more open to overseas assignments than
a few short years by a glut of Baby Boomer retirees. any previous generation and see working overseas as
Don’t be surprised to see individuals from these an important part of their own personal development.
two groups turning down assignment opportunities
where pension benefits cannot be preserved in their But this high-impact group will also have demands,
existing home country schemes or replicated in tipping the traditional balance between employer and
alternative arrangements. employee power and leverage. The best and brightest
are likely to be pursued with great competitive zeal.
14 PricewaterhouseCoopers
17. They may demand and win out-of-the-box reward A significant majority of the millennials we surveyed
packages and a lot of say in where and how they will —80%—want to work abroad (see Figure 4), with 70%
approach their work. Employers will need to find ways expecting to use non-native languages in their careers
to build continuity, retention, and long-term engagement and 94% stating they believe they will work across
with these workers, even as they traverse the globe. geographic borders more than their parents did.
Figure 4: Millennials want to work outside their home country during their careers
% who agreed
100 93% 92% 90% 89% 89% 88% 86% 85% 85% 85% 85% 84% 84%
80% 82% 81% 80% 77% 74%
80 70% 69% 69% 65% 62%
60
40
20
0
All countries
India
South Africa
Turkey
Brazil
Australia
China
Slovakia
Argentina
Chile
Russia
France
Ireland
U.K.
Spain
Canada
Hong Kong
Germany
Belgium
U.S.A.
Hungary
Poland
Greece
Netherlands
Source: PwC international mobility database—sample 900 companies
Talent Mobility 2020
The next generation of international assignments 15
18. Future generations, born and bred amid intense We envision that by 2020 only a minority of assignments
One aspect in which the globalisation and proliferating international assignments, will be traditional home-to-host international assignments,
will expect mobile careers. fully expensed with a generous package of relocation
financial crisis has worked benefits, allowances, and tax equalisation arrangements.
in our favour is that it has
created a wider pool of The evolution of assignment types
Instead there will be more variety of assignment types
available talent. In the As global business demands change, new policies and greater volume, enabled in part by advancements
last two years, we have and assignment models will be necessary to support in transport linkages and aircraft technology. However,
managed to attract very the millennial who wants to travel for experience in some industries with longer lead time for overseas
and advancement. development, the need for traditional long-term
significant talent from assignments will remain.
both Europe and North Assignment types in the past were typically categorised
America. These are highly by organisations as being linear in nature, usually Global mobility may not refer strictly to the physical
experienced people who described as being either short-term or long-term. movement of people from one location to another.
bring with them enormous Today we see many more varied requirements from We’re already seeing an emergence of career challenges
knowledge. And since businesses and assignees and alignment with the predicated on demonstrating leadership ability and
organisation’s talent management objectives. Along organisational agility in managing global teams on
many of them experienced with short-term and long-term assignments, we have specific projects from home base, aided by an ever-
the banking crisis first- frequent travelers, commuters, intra-regional, and expanding bag of technological tools.
hand, they also understand virtual secondments to customer and supplier sites,
how to mitigate such as well as various assignee and talent types, such as With many up and coming employees hungry for global
events. That has been a executive, skill set and project-based, developmental, experiences, companies will consider delivering cross-
major benefit to Equity. and employee initiated, all creating a need for a robust border opportunities in new and varied ways, potentially
global assignment policy framework. with parallel adjustments to pay and allowances.
—James Mwangi Employee-driven assignments are emerging from
Managing Director and CEO
Equity Bank
16 PricewaterhouseCoopers
19. staff eager to add a developmental dimension to their home countries, on the assumption that opportunities
careers. Enterprise-driven travel might increasingly for them and their families were far greater in the West.
include sponsorships, in which assignments fulfill a This trend continues in Africa, with high value placed on
critical business need at a given time. Western education and work experiences.
Shorter international assignments may become so But with China and India increasingly playing more
much a part of organisational identity and objectives significant roles in the global economy, high numbers
that companies might mandate them as prerequisites of employees are returning home to exploit emerging
to promotions and leadership opportunities. While opportunities with their new-found skills in their
some large companies are already operating in this countries of origin. These returning nationals typically
way, we expect the approach to become more common command better remuneration than their local
in the future, with enterprise-level global emphasis counterparts, so HR professionals need to be prepared
filtering down to individual employee objectives to manage the career and remuneration expectations of
based on the development of not only local, but also these East-West-East pioneers.
global, connections.
Returning home with new knowledge and skills
We are already seeing a trend in which international
assignees cross the border, work with their assigned
teams, and return to their native countries with the
knowledge and experience to train colleagues back
home. Highly skilled and ambitious talent from Asia—
China and India stand out—have typically focused on
Western education and living and working outside their
Talent Mobility 2020
The next generation of international assignments 17
20. Global mobility map
Three eras of international assignments
1970–1990
International assignments are mostly driven by large
multinationals based in the US and Europe. These
organisations send talent from the HQ country out into the
field to manage operations in other parts of the world. Many
assignments are from the US into Europe, but oil and gas,
mining, and other industries dependent on natural resources
regularly send staff to more far flung destinations. Assignees
are usually sent off for a two-to five-year period and are
incentivised with attractive expatriate packages.
1990–2010
Demand for global mobility of talent increases as new markets
emerge for companies to sell their products and services,
and also manufacture their goods at lower cost. Offshoring
gathers pace. A new breed of mobile worker emerges
alongside the expatriate and meets the globalisation demand
through commuter, rotational, and technology-enabled virtual
assignments. The flow of talent is still predominantly from West
to East or intracontinental, but companies begin to tap into
rich talent pools in emerging markets, particularly India.
18 PricewaterhouseCoopers
21. Future view
2020
Global mobility continues to grow in volume. and information technology that can identify and
Within the context of closely aligned international connect talent in an instant, global mobility becomes
regulatory frameworks, the growth of cross-border part of the new normal. Mobility of talent is fluid.
acquisitions by sovereign wealth funds, lingering For example, a Chinese company may engage a
public investments in private business concerns, European team to manage an investment in Africa.
greater security co-operation between nations,
Talent Mobility 2020
The next generation of international assignments 19
22. Weighing the costs—challenges and opportunities
The cost of international deployment will remain a Using technology to enhance mobility
primary issue. If organisations cannot measure and
Technology will move beyond its role as a business
demonstrate a positive financial return on investment for
enabler and become further ingrained in the life and
international assignments, the human resource function
work styles of the future workforce, while also changing
will be challenged by stakeholders on the effectiveness
employee and business expectations and interactions
of its mobility strategies and processes. This may in
with one another and the world around them. Savvy
itself encourage more travel, virtual, and commuter
young workers will flock to the companies that best
assignments, where the physical costs of relocation
adapt to innovative technology to meet market needs.
and the taxation and other financial complexities may
Work-life boundaries will become blurred by a reliance
be minimised. It is essential that organisations think
on daily message updates on social networking sites,
beyond the next few years and make investments in
the use of instant messaging, video calls, and blogs.
people by giving them international experience.
Our study found that while the majority of millennials
In the case of virtual teams, they, in turn, become a
still envision themselves being based at an office site,
new unit that can work effectively with employees in
the time devoted to work will shift. Organisations will
the initial host country without the cost implications
recognise that employees want to be allowed time
of deployment. Companies and regulators will need
to socialise on their diverse personal networks, in
to collaborate to help determine appropriate reward,
return for remaining accessible to respond to work-
benefits, and taxation measures for these employees.
related messages long after the standard day ends
or the weekend begins. Still, it’s unlikely that new
technologies, with all their pings and tweets, will
supplant the hunger for fresh vistas.
20 PricewaterhouseCoopers
23. Risks associated with advanced technology Barriers to mobility
Data privacy and other concerns
With the advancement of technology and the millennials’ With some cultures and demographic groups more
propensity for sharing personal information, building reluctant to work outside of their home locations, Organisations will need to
networks, and maintaining contacts, organisations have not everyone will be willing to hop on the next plane pay close attention to the risks
already begun to develop sophisticated Facebook-style for these opportunities, regardless of technological that emerge as a result of
working tools and seek to leverage these in helping advances. Some employees fear losing their social technological enhancements.
to identify their key talent and those likely to welcome networks and disrupting their families, including Key focus areas include:
international assignments. working spouses who may have difficulty finding • The potential interception of
suitable employment in a new region. Caring for elderly financial or personal data when
However, with the benefits from advanced technology parents may also be a key concern—particularly as transmitted across borders.
come inherent risks that may be felt most acutely populations continue to age in many parts of the world.
by employees whose data is transferred across • The importance of personal
international borders. For example, the use of Workers may be skeptical about going to environments data privacy when tracking
technology as a means of tracking employee movement they perceive as too harsh, due to political strife, an employee’s movement.
is a great tool for enabling better compliance with local underdeveloped infrastructures, health, safety, and • The need for a distinct
rules, but has a built-in privacy issue in that it allows environmental concerns. And even if an employee is separation of business and
unprecedented access to the personal movements of willing to take the challenge in exchange for career personal profiling with regard
the individual. This could be perceived negatively by enhancement, his or her family may choose to remain in to social networking. First, there
employees. Organisations will need to closely monitor their (sometimes adopted) home country. needs to be clear company
the use of technology to ensure that privacy concerns guidelines about the extent to
are topmost in their minds and that their policies for Organisations also need to think about how to make which an employee is seen to
dealing with the privacy concerns of their employees some of the less desirable destinations more appealing, represent the corporation in
are well established. as living standards in some locations are, in reality, far social networking sites. Second,
more developed than assignees might think. In many the employer needs to be careful
cases, this may be a matter of communicating via to what degree it is monitoring
training about evolving world realities. the ‘behaviour’ of employees
when accessing these
communication channels.
Talent Mobility 2020
The next generation of international assignments 21
24. HR implications of shifting global mobility patterns
The ongoing war for talent and changing business mobility strategy, as mentioned earlier, 61% will change
needs will put pressure on the HR function to evolve remuneration policy and 76% will change their approach
its talent mobility strategy. In PwC’s annual global CEO to staff morale and employee engagement. These
survey, leaders clearly state that the economic crisis changes will represent significant challenges for HR
has highlighted flaws with existing people management teams to develop new policies that suit the emerging
practices and are looking to make changes as a result. needs of a new business environment (see Figure 5).
In addition to the 55% planning to change their global
Figure 5: CEOs plan to make changes to their people strategies
as a consequence of the economic crisis
Regarding your people strategy, to what extent will you change your approaches to the
following areas, as a consequence of the economic crisis?
Ref: Q15. Regarding your people strategy, to what extent will you change your approaches to the following areas, as a consequence of the economic crisis?
Managing people through change (e.g., redefining roles in organisation) -20 38 26 15
Training and development programmes -23 36 27 13
Staff morale and employee engagement programmes -24 34 26 15
Remuneration levels -38 43 14 4
Flexible working environments -39 34 18 7
Collaborations with networks of external specialists -40 35 16 6
Global mobility, including staff travel or international secondments -43 34 15 6
Pension and healthcare arrangements -58 28 10 4
-60 -50 -40 -30 -20 -10 0 10 20 30 40 50 60 70 80
No change Changing somewhat Changing to a large extent Changing significantly
Base: All respondents (1,198)
Source: PwC 13th Annual Global CEO Survey
22 PricewaterhouseCoopers
25. Remuneration policies locations, such that international assignees may be
more quickly and easily deployed in a cost-effective
By 2020, no longer will we see as many separate
manner. These approaches allow the organisations
remuneration policies for distinct geographic locations.
to manage cost as well as provide flexibility in their
An overarching global policy function (or system)
definition of “plus” to meet the varied needs of the
aligned to the talent mobility strategy will become
businesses and the assignees.
standard. Senior talent will require appropriate rewards
for their efforts, meaning that companies will have to
figure out how to keep top-flight, high-level talent in the Bidding for loyalty
fold on a global scale.
Like athletes in the professional sports arena,
highly prized millennials will have their own agents.
The onus will be on employers to determine how
Remuneration packages and employment terms will
compensation packages are developed as workers
be contract-based and subject to frequent negotiation.
adjust to new roles in new cultures. Astute employers
They will move to the highest bidder, not necessarily
will note potential opportunities in demographic
in monetary terms, for the best opportunities and they
tendencies that may dovetail with business goals,
will not stay with an organisation whose values are not
even if regulatory and tax issues remain unresolved.
aligned with their own core values. Organisational brand
The traditional build-up approach to determining
becomes even more important. HR teams must strive to
international assignment costs will gradually disappear
create loyalty by investing in ways to better engage the
as economies, living standards, and even compensation
workforce and understand the motivations of different
levels begin to harmonise across the globe. In turn,
generations, and by increasing flexibility in order to
organisations will adopt “destination pay and local
meet those needs.
plus” remuneration methodologies across many of their
Talent Mobility 2020
The next generation of international assignments 23
26. Future view
Bringing down the regulatory barriers to mobility
Overseas assignments are likely to remain a lynchpin assignee’s nationality, salary level, and qualifications;
of career advancement for employees hungry for contrast that with most other developed nations,
personal and skills development. The accelerated where such a feat can take six to eight weeks or
level of global movement for top talent will drive the longer. Through its immigration-friendly policy,
development of global passports or work permits Singapore reaps the benefits of attracting a good
to enable anywhere-anytime travel for key players. deal of talent from India’s well-educated labour pool.
Those countries that facilitate free movement of
labour, and/or provide for the rapid deployment of In the future, more countries may impose less
employees, are likely to become more economically restrictive cross-border immigration models that
competitive. Governments that anticipate the need could simplify travel by lifting or easing restrictions
to import talented individuals to replace gaps in their on particularly qualified and sought-after workers
ageing workforces may remove their immigration and their families. But realising that outcome is likely
barriers in a bid to stimulate their economy. to be complicated.
Singapore, a relatively easy place to move, could Organisations must consider what steps they can
serve as a model for countries trying to accumulate take to expedite more open immigration policies
human capital when the talent wars heat up and in the key locations where they do business—
immigration grows in allure as a way to fill offices for example, through more open dialogue with
with key staff. Lenient residency rules may become government and policy makers.
more prevalent: It can take as little as one day to get
a working visa in Singapore, depending upon an
24 PricewaterhouseCoopers
27.
28. The regulatory challenge—a new era of global and
local compliance
In the short term, regulatory realities will shape how the business and government—one that will likely impact
workforce of tomorrow will look and operate. We see regulatory matters in diverse and profound ways.
regulation as one of the key concerns for companies
today from a reputation and risk perspective. The credit Working with or apart from government, businesses
and financial market meltdowns are likely to prolong should plan ahead to tackle challenges such as visa
the strict financial regulatory controls adopted by roadblocks and tax treaty issues, which will gain in
members of the G20 countries, a development that may importance on the global stage. PwC doesn’t expect
inhibit mobility in the short term. We expect however, taxes to become globalised through a global tax treaty,
over the longer term, the goal of building sustainable at least not any time soon. But we do believe that tax
international business will drive demand for increased authorities will have more consistency over the definition
mobility of talent. of what constitutes a day of presence and what type of
activity determines taxable presence. Of course, this will
Still, a great many regulatory challenges emanate be accompanied by the emergence of sophisticated tax
from external sources—a vast tangle of regional and collection enforcement mechanisms going forward.
country-based cultures, rules, laws, policies, politics,
and markets—in short, the global village and its varied
administrators. The reality is that businesses are Figure 6: By 2020 companies will be more
already struggling with country-specific immigration influential than governments
requirements, an issue that will only grow in importance
as global mobility trends evolve. 31%
29%
28%
Business and government—working in harmony
Strongly disagree
More than one-third of our millennial interviewees Disagree
Neutral
think that companies will be more influential than Agree
governments by 2020 (see Figure 6). In the short term, 8% Strongly agree
recent market dramas have business and government 5%
aligned against further volatility and unmanaged risk. All countries
We envision that current trends will drive a growing
Source: Managing tomorrow’s people: Millennials at work
interrelationship and interdependence between
26 PricewaterhouseCoopers
29. Future view
Advances in technology simplify compliance
Technology will increasingly automate compliance the positional data with other data points to allow
processes. Appropriate amounts of taxes will be paid for conversion into meaningful wage sourcing
through new systems and enable workers to move data. For example, the initial data point may be cell
freely, unencumbered by fear that unanticipated or phones and laptops, fitted with electronic trackers.
unsettled tax bills will increase the cost of doing These trackers will log the employee locations upon
business, or at worst, limit the employee’s ability to activation, and then generate and send automatic
visit or work in the country again in future. reports on employee “Position Statement Reporting”
to a central business function made up of tax,
Companies will have the primary responsibility for finance, payroll, and HR specialists responsible
reporting on where their employees have been for monitoring, assessment of tax obligation, and
and the wage allocations associated with their deposit of tax liabilities and claiming credits.
whereabouts. GPS tracking is one part of the tracking
process, albeit controversial, that may become an
accepted norm within the next five to seven years.
Employees, companies, and vendors will supplement
Talent Mobility 2020
The next generation of international assignments 27
30. In conclusion
We have outlined a vision of 2020 which is markedly and knowledge. Collaboration will be the watchword of
different from today. A world where the best and brightest the future world of work, a place where work and life will
employees have their own agents … where global blend on an escalating basis and in new ways.
passports allow for more fluid travel across borders …
where the global harmonisation of pay across some We believe the HR function has a key role to play if
industries and skill sets changes competitive strategy it is prepared to take the lead. It must keep up with
in the war for talent … where populations in Mumbai, changing business needs and understand the external
Dhaka, and São Paulo eclipse that of New York, markets it operates in to be effective. And on the
London, and Paris … where immigration barriers begin practical side, HR will need to manage everything from
tumbling down to address gaps in the ageing workforce new global reporting technologies, to the career and
and stimulate economies … and where technological remuneration expectations of emerging market talent,
advances change the way we work as well as helping and several generations of workers.
to ease the burden of tax compliance.
Proactive companies that adjust their talent
These global shifts will be compounded by management and recruiting strategies to address these
demographic changes which will precipitate a lack of changes will be poised to win the best talent, build
workers with the key skills businesses need. Having sustainable relationships with engaged workers, and
a sustainable talent pipeline will become the most take the competitive lead by the end of the decade.
important driver of business strategy.
The world is not waiting to tackle the emerging talent
Growing collaboration with government will help global imperative. Are you?
business and economies to thrive without drowning
in the red tape of regulatory and tax compliance.
Companies will increasingly form alliances with each
other and collaborate on joint ventures to share costs
28 PricewaterhouseCoopers
31. Future view
Talent mobility on the World Economic Forum agenda
The issue of global talent mobility is gaining in • Build and effectively manage diversity in a
prominence and importance. The World Economic complex, multicultural business environment
Forum put this topic high on the agenda of its Annual
• Use talent for innovation
Meeting 2010 in Davos. The world’s business,
political, and academic leaders united in agreeing
In order to prepare for what the Forum sees as
on the importance of encouraging talent mobility
“upcoming massive talent shortages,” they want
to stimulate economies in both developed and
government, business, and academia to work
developing countries. The Forum believes that
together to address the key challenges and barriers
countries and organisations need to prepare for
of talent mobility.
an era of a fast-changing, dynamic, and mobile
workforce. Their recommendations are summarised in
In 2009 nearly 80 high-level experts and practitioners
a “Declaration of Talent Mobility,” citing the need to:
contributed to the talent mobility dialogue hosted
• Increase people’s employability to better match by the Forum online and at meetings in Davos-
supply and demand Klosters, Dubai, New Delhi, and New York. In 2010,
this work will continue on-line and at summits in
• Redesign migration policies to encourage
Europe, Doha, China, and Dubai. Please see the
knowledge sharing and prevent the brain drain
report from the Talent Mobility project and a video
• Create global workforce around adaptability from the talent mobility discussion in Davos at
and mobility http://www.weforum.org/en/index.htm.
Talent Mobility 2020
The next generation of international assignments 29
32.
33. How do these trends impact your organisation?
• Do you have an employee engagement strategy that • Do you understand how you will manage the cost of
suits a new world where significant numbers may be increased demand for global mobility? Is your current
overseas at any one time? How do you engage to policy sustainable?
retain key talent?
• What investment do you need to consider in
• Have you determined how your strategy for technology to better manage the mobile community,
growth over the next decade impacts your talent and to improve connectivity without the need
mobility strategy? for travel?
• Have you mapped and tracked your mobility needs • What reward and incentive model is appropriate to
over the coming decade to determine what you will meet the various needs across the generations in
need and where? your organisation?
• What are your plans for managing the millennial • How might your business influence governments
generation? How might you use their openness to and regulators to ease the regulatory burden and
overseas assignments to your advantage? create harmonisation?
• Do you have the right knowledge and data to • What is the role of the HR function in driving talent
determine where changes and/or investments may mobility? Is the HR operation equipped to deal with
be necessary? the changes ahead?
34. “As time goes on—and the world grows evermore competitive—
human capital will become an even more important factor to
business success.”
—Andrew Ferrier
CEO
Fonterra Co-operative Group
35. PwC wishes to acknowledge our clients and the firm’s network for their generous commitment of time and
knowledge to this publication.
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