Do you have time to pay attention to the news in every region of the world where your business could be affected? Have you thought about how all of these world events could specifically impact your global mobility program?
Probably not, right!?
Luckily, we’ve taken it upon ourselves to do it for you! The result is our most recent edition of Global Mobility: Top Trends to Watch for Spring 2016. Ready to read about all 23 trends now? Click below! Or keep reading for a preview.
The full report provides insight into a wide variety of topics and regions – here are a few of the highlights.
Increasing Instances of Localization
More and more companies are planning to localize employees over the next five years. Especially in APAC, this seems to be affecting the amount of diversity in the workplace.
New Technology Tools Available
In Latin America, a new electronic portal system will be implemented soon to help reduce fraud. Payroll tax reporting is the target here, so make sure you’re aware of these changes if you’re relocating employees to this region.
Cost of Living Changes
There have been some shakeups within the cost of living rankings – we’re seeing declines in Western Europe and increases in the U.S. The changes in the Euro and the U.S. Dollar are major contributors to this trend.
Tax Increases for Properties in Multiple Regions
Both the U.S. and U.K. have seen new tax regulations that could affect second residences and properties. Pay attention to the details to ensure your transferees aren’t penalized.
Get more details on each of these topics plus so many more by clicking below. And if you have questions about any of these trends or would like to know how other world events could affect your global mobility program, contact us now or comment below!