Expatriate Assignment Failure: You Cannot Afford to Leave this Problem Unsolved

 

 Expatriate Assignment Failure: You Cannot Afford to Leave this Problem Unsolved

Most companies assume that a percentage of employees sent to overseas postings won’t finish their assignments and repatriate early. What a shame. Furthermore, most of these uncompleted contracts result from problems with the family adjusting to the new culture and have nothing to do with the work.

In fact, fully 70% of expatriate assignment failure has nothing to do with the company or the work involved, but the company pays the price.

A number of surveys and research gives us varying results on just how significant the family’s happiness is to expatriates fulfilling their full assignments. In the majority of cases, expats decide to comeback home because of spouse unhappiness and struggles relating to children or relationship problems.

Let’s consider this high financial risk, which is not only the high salary and benefits given to your employee, but also the other fees incurred with international postings. Here are a few areas to consider:

Fees – Current Expat Employee

* Air Fare at end of assignment

* Household goods shipment back to origin

* Short-term accommodation

* Long-term accommodation

* Miscellaneous ancillary charges

* Home visits

Fees - New Expats Substitute

* Air Fare at beginning of assignment

* Air Fare at end of assignment

* Household goods shipment to the destination 

* Household goods shipment back to origin

* Salary and benefits

* International Insurance

* Short-term accommodation

* Long-term accommodation

* Home visits

* Miscellaneous ancillary charges

* Lawyer for Visa dossier

Fees – Inside Your Company

* HR’s time spent for searching new candidate

* HR’s time spent for finalizing the expats contract

* HR’s time spent for logistic organization

 

This is so painful. You are losing way too much money because of expatriate assignment failure.

If you are tired of throwing money away on contracts that aren’t completed, let’s talk about how I can help you. Please don’t hesitate to contact me.

What are the challenges your company faces with retaining your expatriates? Which one of the costs listed above most-affects your business’s bottom line? Are you ready to find a way to help your expatriates finish their assignments with ease?

 

Sara Ottoboni

Sara Ottoboni

I’m Sara Ottoboni, a certified coach, and it is my goal to help you to make expat plan customized to your unique needs, with ongoing support. I speak English, French, and Italian. My passion is to work one-to-one with my clients in order to create a meaningful life abroad.
Sara Ottoboni