According to new research by Mercer, the majority of companies worldwide expect to increase both long and short term international assignments this year.
Almost three quarters (70 percent) predicted an uptick in short term assignments, and over half (55 percent) said they will ramp up long term international assignments moving forward in 2013. This is in line with trends from the past few years which have revealed an increase in both long and short term international assignments in both 2010 and 2011.
Anne Rossier-Renaud, Principal in Mercer’s global mobility business, shared some insight into why global mobility is increasing. “International assignments have become diverse in order to meet evolving business and global workforce needs. Relatively low pay increases in some regions and pressure on companies to attract and retain talent, have spurred many to embrace a wider range of global mobility strategies to incentivise high performers.”
As the business space becomes increasingly global, the types of assignments that are available evolve in duration, destination, and other factors, which enable more people to take advantage of mobility opportunities.