Global Mobility continues to be a topical discussion even as we approach the easing of restrictions and global lockdown measures. The past 12 months have certainly been a struggle with so many companies trying to cut costs by limiting international assignments and/or reducing their headcount. However, before organisations embark on a cost cutting exercise there are a number of considerations that could prove to be valuable.
In summary, there is no perfect solution that will allow companies to systematically reduce costs but there are options to make significant savings with the right approach and analysis of the alternatives. A rigid approach that may have worked historically is unlikely to give the best outcomes in current times and it would be advisable to consider all the options by investing time into engaging with the right people to achieve the right solution. At IPM we have been working with companies to help reduce these costs by offering new business models that achieve the overall commercial benefits in the long term and provide the best outcome for all parties. Anyone interested in engaging with us for a more strategic approach to their global mobility function and outsourcing model, should contact us for further information.